earnings

BJ’s recovery snatched away by omicron

By Joe Guszkowski on Feb. 18, 2022

The chain was hit harder than most by the COVID-19 variant in December and January, when an “unprecedented” number of its workers got sick.

Financing

The Cheesecake Factory expects $12M AUVs in 2022

By Joe Guszkowski on Feb. 17, 2022

Strong sales paired with higher prices have the chain set up for a big year, executives said.

Financing

Shake Shack to raise prices again after omicron takes its toll

By Heather Lalley on Feb. 17, 2022

The fast-casual burger brand said there is too much uncertainty to predict when it might return to pre-pandemic sales trends.

Operations

Denny’s fortunes hinge on two numbers: 24/7

By Joe Guszkowski on Feb. 16, 2022

Half of the chain’s restaurants have returned to around-the-clock service, and those stores are performing well. But it’s unclear when the rest will get there.

Financing

Firehouse Subs ends a big year on a strong note

By Jonathan Maze on Feb. 15, 2022

The sub chain, bought for $1 billion by Burger King owner Restaurant Brands International, generated nearly 25% two-year same-store sales in the fourth quarter.

Financing

Yum Brands opened a record number of restaurants last year

By Jonathan Maze on Feb. 09, 2022

The owner of KFC, Taco Bell, Pizza Hut and Habit opened nearly 4,200 new restaurants worldwide last year, which the company says is an industry record.

Financing