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earnings

Financing

Burger King franchisee Carrols sees its inflation problems easing

 By Jonathan Maze on Aug. 11, 2022

The burger chain’s largest operator said it believes its labor costs and commodity prices are improving, which could help its profit margins later this year.

Financing

As conditions stabilize, Jack in the Box sees sales improve

 By Jonathan Maze on Aug. 10, 2022

The company, which also owns Del Taco, said sales accelerated at the end of last quarter, while more dining rooms reopen and supply chain disruptions ease.

Financing

Red Robin dials up value after ‘disappointing’ quarter

By Joe Guszkowski on Aug. 10, 2022

Following a successful $10 meal deal, the chain is queuing up happy hour and lunch specials, even as it works to keep costs down.

Financing

Applebee’s tweaks its strategy for Cosmic Wings

By Joe Guszkowski on Aug. 09, 2022

The chain is adding the virtual brand’s items to its in-store menu. It’s also testing a second delivery-only brand in about 100 restaurants.

Financing

Sweetgreen cuts 5% of workforce after warning on sales and profits

By Jonathan Maze on Aug. 09, 2022

The salad chain is cutting costs to get to profitability after it warned that sales and profits would be below expectations. The news sent the company’s stock price plunging.

Financing

First Watch bucks summer slowdown with 8% traffic growth

By Joe Guszkowski on Aug. 09, 2022

Same-store sales at the a.m. chain rose 13.4% in the second quarter as customers continue to flock to its restaurants.

Financing

As digital sales rise, Potbelly tests more tech investments

By Jonathan Maze on Aug. 08, 2022

The sandwich chain is testing new in-store technology as digital sales now represent more than a third of revenue.

Financing

Ruth's Chris sees some relief on beef costs

By Joe Guszkowski and Jonathan Maze on Aug. 08, 2022

Earnings Roundup: Chuy's sales hurt by the Texas heat and Fat Brands looks for more acquisition targets.

Financing

High cheese prices give Papa John’s some indigestion

By Jonathan Maze on Aug. 04, 2022

The company’s sales increased last quarter despite weakening demand. But its food costs rose 18% and corporate store margins took a big hit.

Financing

Digital sales drive performance at parent of Burger King and Tim Hortons

By Jonathan Maze on Aug. 04, 2022

Brand operator Restaurant Brands International now gets a third of its sales through digital channels. Sales at Burger King and Popeyes also improve in the U.S.

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