Quick_Service

Financing

Quick-service restaurants had a tough first quarter

Was it weather? Or was it prices? Either way, fast-food restaurants have started the year off on the wrong foot, according to traffic data.

Financing

Fast-growing Crumbl's unit volumes and store profitability took a hit last year

Average unit volume for the cookie chain declined 37% last year even as location count grew 41%. Per-store profits were cut by 58%.

The full-service chicken wing chain this week opened its 100th Go location and has franchisee commitments to open nearly 600 more of the takeout-focused restaurants.

The state, which has already told the company to stop selling franchises, is accusing the fast-casual chain of violating state franchise law.

The Bottom Line: As thriving fast-food sandwich chain Jersey Mike’s ponders a potential $8 billion sale, it’s worth comparing the brand to a long-vanquished rival: Quiznos. The difference is unit economics.

But Chick-fil-A and Starbucks remain their favorite restaurants, according to the latest Piper Sandler Taking Stock With Teens Survey.

The Bottom Line: McDonald’s purchase of its Israeli market, following Burger King’s acquisition of Carrols, shows brands are more willing now to take over some restaurants.

The chicken chain introduced a new line of bundled meal options from $4.99 to $20, but not everything has a consistent price point nationwide, a nod to fast-food restaurants' complex relationship with value.

The Bottom Line: The two fast-food chains are increasingly going head-to-head over chicken sandwiches and chicken wings.

The fast-food giant is coming out with a new line of flatbread wraps, joining the quick-service restaurant wrap battle with its first new bread option in three years.

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