earnings

Financing

Papa John’s sales slow amid a 'challenging' year

The pizza chain’s same-store sales fell less than 1% in North America as traveling consumers order less pizza. The company also lamented record costs that hit its profits.

Financing

IHOP unit growth stunted by permitting, construction delays

The pancake chain will push as many as 30 unit openings into next year but said its pipeline is still in good shape.

The new CEO wants to get the brand back on track by improving its menu and correcting past missteps.

The company’s U.S. same-store sales improved last quarter, driven by its new line of chicken sandwiches and a focus on the Whopper.

Despite wage increases and tipping that has increased starting pay to about $20 per hour, the chain is struggling to staff up.

President and CEO Michael Osanloo said its pricing strategy of lagging behind competitors is working.

The pizza chain’s sales improved last quarter as a lot more of its restaurants worked with delivery aggregators.

Traffic was down nearly 7% at the chain after it cut back on discounts, but executives say the new strategy is helping the bottom line.

Just more than half of the family-dining chain’s restaurants are open all night and executives are taking steps to get Denny’s back to being a 24-hour diner.

The chain has doubled down on value and is getting good results: Three-year same-store sales set a new record in the third quarter.

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