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sales and profits

Applebee's to close as many as 135 stores

 By Peter Romeo on Aug. 10, 2017

Franchisor DineEquity has more than doubled the projection, while also warning of a step-up in closures of IHOP units as well.

Financing

Pollo Tropical same-store sales start to recover

 By Jonathan Maze on Apr. 18, 2018

Sister chain Taco Cabana’s transactions fell 11.3% as the company moves away from discounts.

Operations

Restaurants play the blame game

By Peter Romeo on Mar. 02, 2017

Bad financial results have restaurant chain executives citing all kinds of factors for their top- and bottom-line difficulties, from an unexciting football season to high legal fees. Do they have a case? It depends.

Emerging Brands

Technomic's 25 fastest growing global chains

By Kelly Killian on Sep. 19, 2017

Growth-minded restaurateurs know the importance of keeping an eye on the competitors entering and expanding in their markets.

Financing

McDonald’s stock soars on better-than-expected sales

By Jonathan Maze on Apr. 30, 2018

The company’s stock rose 5% Monday even though traffic fell in the first quarter.

Pollo Tropical to close stores

By Peter Romeo on Apr. 24, 2017

The Latin chicken chain is pulling out of two core markets as part of a sweeping new turnaround plan by Fiesta Restaurant Group, which also owns the Taco Cabana brand.

Financing

McDonald’s sees traffic gain in 4.1% comp rise

By Peter Romeo on Oct. 24, 2017

Guest counts rose because of a high-low pricing strategy, the quick-service giant said.

Joe’s Crab Shack said to be heading for bankruptcy

By Peter Romeo on May 04, 2017

The filing could come as early as next week, according to one report.

Consumer Trends

Global restaurant scene leaves U.S. market in the dust

By Peter Romeo on Nov. 02, 2017

China is poised to eclipse the U.S. as a hotbed of activity.

Financing

This week’s 6 head-spinning moments: Sales therapies

By Peter Romeo on May 12, 2017

Cheesecake Factory says it has a second fast-casual venture in the works, Dunkin' convenes a workforce Woodstock, Noodles clears the table and McDonald's touts its merits as a first job.

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