Continue to Site >>>

earnings

Financing

Starbucks sales and traffic took a big hit last quarter

 By Jonathan Maze on Apr. 30, 2024

The Seattle-based coffee shop giant said that its performance in its second quarter “did not meet our expectations” amid a “highly challenged environment.” The news sent its stock plunging.

Financing

As it loses customers to rivals, McDonald's shifts its focus to value

 By Jonathan Maze on Apr. 30, 2024

The fast-food giant appears to be losing the battle for customers looking for lower prices to Burger King and Domino’s. McDonald’s wants a national value offer to change that.

Operations

3 reasons Chili's is doing so well right now

By Joe Guszkowski on Apr. 30, 2024

A focus on value and operations is helping both sales and profits at the casual-dining chain.

Financing

A lot more people ordered Domino's Pizza last quarter

By Jonathan Maze on Apr. 29, 2024

The pizza chain saw transaction growth in both delivery and carryout and from all groups, as the company’s loyalty program and value take hold.

Operations

Chipotle raises menu prices in California up to 7%

By Lisa Jennings on Apr. 24, 2024

California's AB1228 pushed the fast-casual chain's wage up 20% and menu price hikes will cover the cost. But with first-quarter traffic up more than 5%, Chipotle officials are not worried.

Financing

For Papa Murphy's, a cut in SNAP benefits came at a bad time

By Jonathan Maze on Apr. 12, 2024

The take-and-bake pizza chain saw a steep drop in sales from customers on SNAP benefits, just as weather and consumer concerns hit restaurants.

Financing

Dave & Buster's believes better food will yield better sales

By Jonathan Maze on Apr. 03, 2024

The combination restaurant and arcade chain is working on upgrading its menu offerings to bolster food attachment. But it is also planning to raise gaming prices to improve profits.

Operations

BurgerFi defaults on its credit agreement

By Lisa Jennings on Apr. 01, 2024

The parent company of the BurgerFi and Anthony's Coal Fired Pizza & Wings restaurant chains fell out of compliance with its loan agreement amid weak sales and financial losses. But the CEO insists turnaround efforts are taking hold.

Leadership

Pizza Inn parent Rave Restaurant Group upgrades leadership team

By Lisa Jennings on Mar. 26, 2024

The Dallas-based pizza restaurant operator, which also owns Pie Five, has six new executives in place in preparation for planned expansion.

Financing

Restaurants lost customers and sales at the end of last year

By Jonathan Maze on Mar. 22, 2024

Same-store sales at restaurants slowed markedly in the second half of 2023. But for all the concern about fast-food brands like McDonald's, it was casual-dining restaurants that had the biggest problem.

  • Page 2