Earnings roundup: Travel rebound lifts Marriott; Noodles and El Pollo Loco push value; lower beef costs help Ruth’s; Pizza Inn’s owner remains profitable and the Texas heat hits Chuy’s.
Rave Restaurant Group repurchased shares for the first time in a decade last year as its profitability improved, as did sales at its chains, including Pie Five.
Salad and Go was a relative unknown outside of its core market, until it convinced the head of 1,700-unit Wingstop to become its CEO. Here’s the story behind the potentially revolutionary chain he now leads.
The Bottom Line: Starbucks, Domino’s, Wingstop and Darden are all changing their top executives. It demonstrates the changing needs of both the companies and the executives themselves.
The 500-unit pizza chain started the initial public offering process this week, hoping to be a success story in a segment that has struggled during the pandemic.