sales and profits

Financing

Dave & Buster’s profits improve but sales slow

The eatertainment chain operator’s stock fell 7% after saying sales slowed down so far this quarter.

Financing

Last quarter’s big winner: Higher menu prices

The Bottom Line: Other winners included Potbelly and third-party delivery, while Freshii, quick-service pizza and lower-income consumers were left out.

Post-pandemic consumers are embracing their favorite restaurant brands on retail shelves despite higher grocery inflation.

The Bottom Line: Wendy’s CEO Todd Penegor said that consumers are still eating more of their meals at home, and “it’s kind of stuck there.”

More consumers want to abstain from alcohol at least some of the time, and operators are answering the call with booze-free cocktail selections that are just as buzz-worthy.

Despite sluggish sales for his category, the Papa John’s CEO believes the economy, and the company’s menu strategy, will work in its favor.

But more than a third of operators were still behind on their lease obligations, according to new research.

The sandwich chain’s owners face the ultimate challenge: Revitalizing a brand after a decade-long freefall. They are trying almost everything to bring it back to life.

The golf equipment maker, which acquired the golf-focused eatertainment concept in 2020, will now be known as Topgolf Callaway Brands Corp.

The Bottom Line: Profitability concerns and fears of an economic downturn overshadowed strong overall sales.

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