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Financing

How your restaurant sales and profits compare to competitors' and what you can do to improve financial performance

Financing

Looking for the next Chipotle? These 3 chains are already there

 By Jonathan Maze on May 03, 2024

The Bottom Line: Wingstop, Raising Cane’s and Jersey Mike’s have broken free from the pack of well-established growth chains. Here’s why this trio stands out.

Financing

TGI Fridays sells licensing rights to Kraft Heinz to pay off debt, report says

 By Joe Guszkowski on May 03, 2024

The deal gives Kraft Heinz the right to use Fridays’ brand name on retail products in perpetuity.

Financing

Wendy's hopes better store profitability will yield new unit growth

By Jonathan Maze on May 02, 2024

The fast-food burger chain wants to build more restaurants. To speed growth and fulfill the chain's potential, it needs to generate more sales and restaurant profits.

Financing

Shake Shack steps up marketing to keep customers from fleeing to cheaper options

By Lisa Jennings on May 02, 2024

In the last earnings call for outgoing CEO Randy Garutti, the fast-casual chain said traffic was down 2.1% in the first quarter, though trends were improving into Q2.

Financing

The odds for keeping delivery fees and large-party gratuities aren't looking good

By Peter Romeo on May 01, 2024

Working Lunch: The Biden administration doesn't get that those aren't true "junk fees."

Financing

The consumer is cutting back, but not everywhere

By Jonathan Maze on May 01, 2024

The Bottom Line: Early earnings from major restaurant chains suggest the consumer has taken a distinct turn for the worse so far in 2024.

Financing

STK parent One Group completes acquisition of Benihana for $365M

By Joe Guszkowski on May 01, 2024

The deal nearly triples One Group's footprint and brings its total annual revenue to more than $1 billion.

Financing

Boxer Ramen shutters 4 units following bankruptcy

By Lisa Jennings on May 01, 2024

Boxer Ramen and sister brand SuperDeluxe filed for Chapter 11 bankruptcy protection in February. Both are owned by Portland, Oregon, restaurateur Micah Camden.

Financing

KFC is struggling in the U.S., and not just due to weather

By Jonathan Maze on May 01, 2024

The venerable chicken chain is losing ground to Popeyes and other chicken restaurant competitors domestically. But parent company Yum Brands says it has a plan for a reset.

Financing

5 bonbons from Denny's not-so-sweet quarterly update

By Peter Romeo on May 01, 2024

Traffic slumped, but the family-dining stalwart offered a few aha moments in its recount of what happened.

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