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The company said the new product, introduced a month ago, has helped it regain some of the value it lost when it raised taco prices.
Diners crave both healthier fare and comfort foods in winter.
Adrienne Ingoldt was named chief brand and experience officer, Jennifer Kennedy was named chief product and innovation officer and Sarah Super was named chief risk officer.
A lot of the brand’s locations had negative operating income in 2018, and the problem is concentrated in a surprising state, says RB’s The Bottom Line.
CEO Lenny Comma struggled to improve the brand’s relationship with operators, a major hurdle for the burger chain, says RB’s the Bottom Line.
A search is commencing immediately for a successor, the chain said.
With sales improving, the chain is planning incentives to encourage development, but franchisee relations and labor costs are hurdles.
The company said its comparable-store sales have increased for nine straight years, but wage inflation hurt store profits last quarter.
The company’s chief legal officer and chief of staff are among those leaving as the chain cuts corporate overhead.
As customers increasingly demand convenience, companies such as Wendy’s, McDonald’s, Dunkin' and Starbucks are focusing on operations to drive sales, says RB’s The Bottom Line.
These emerging chains are the growth vehicles to watch—the ones poised to be major industry players in the coming years.
Food trends and recipes to keep menus fresh
New restaurants and soon-to-open concepts worth monitoring
RB’s exclusive ranking of the highest-grossing independent restaurants
Peter Romeo highlights the moments restaurateurs miss at their own peril
Ideas from the field you may want to borrow