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STK

Financing

In brief: Sysco sees more supply challenges, STK comps soar 93%, Waitr continues to non-conform

A roundup of recent earnings reports provides a clearer picture of a rebounding industry's challenges and opportunities.

Financing

Quick: Which restaurant segment is currently soaring?

Not even Jeopardy’s best might have nailed the surprising answer.

Sales trends have convinced One Group Hospitality that customers are about to pack dining rooms to indulge their pent-up demand for dining out.

Here’s a snapshot of how those operations fared during Q3, along with a look at how they intend to improve their performance.

Family meals and kits appeal to households sheltering in place.

Practices from sister brand STK were transplanted into the holding, with stronger than expected results, according to new parent One Group Hospitality.

One Group says it will adopt some of what’s worked for its main concept, STK.

At a time of free-falling traffic for the industry, the smaller casual brands relied largely on pricing to improve results.

The parties withdrew their lawsuits against each other, clearing the way for a sale of Kona to proceed.

One Group intends to use the concept as a growth vehicle. The deal has yet to be approved by the bankruptcy court overseeing Kona’s operation.

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