Financing
Earnings roundup: Ruth’s Chris, STK, Chuy’s, El Pollo Loco, RAVE
Sales are up, but inflation and supply chain issues continue to cause stress for smaller, publicly traded restaurant chains.
Leadership
El Pollo Loco names Laurance Roberts CEO
Roberts has served as interim CEO and CFO since last fall, following the departure of Bernard Acoca, who left to take the top post at Zaxby’s.
Operators are packaging catering programs in new ways to win back lost business. Individually boxed meals are seen as a safer solution as people slowly return to the office or are in need of a quick lunch to grab-and-go. Cracker Barrel, BJs and El Pollo Loco recently introduced or upgraded boxed meal catering.