Jonathan Maze

Editor-in-Chief

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Jonathan Maze

Page 367
Financing

Black Box: Restaurants post best quarter in 2 years

Industry same-store sales grow slightly in December as discounts take hold and traffic improves.

Financing

Black Bear Diner crosses the Rockies

The California-based family-dining chain is taking its expansion east.

The outgoing Domino’s CEO doesn’t plan to retire, but says that all “conspiracy theories” about his plans are wrong.

Mandy Shaw, former finance executive with Outback owner Bloomin’ Brands, is named CFO.

But companies at the ICR Conference reveal the industry’s conflicting challenges regarding sales.

The former Ignite and Au Bon Pain CEO is “bullish” on the opportunity.

Despite higher costs, chains say the industry must be cautious about raising prices.

The company said its same-store sales are down 5.1% this quarter.

Olive Garden’s owner says reform will lower its tax rate by 600 basis points.

The promotion will enable Kruguer to integrate the chain’s U.S. and international operations.

The chain expects as much as a 10-percentage-point improvement in its tax rate, thanks to reform.

But the industry’s hiring was slower in 2017 than it was in 2016.

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