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sales and profits

Financing

Topgolf gets a promotion at Callaway

 By Jonathan Maze on Aug. 25, 2022

The golf equipment maker, which acquired the golf-focused eatertainment concept in 2020, will now be known as Topgolf Callaway Brands Corp.

Financing

In an uncertain quarter, fine dining continued to outperform

 By Jonathan Maze on Aug. 25, 2022

The Bottom Line: Profitability concerns and fears of an economic downturn overshadowed strong overall sales.

Financing

A weak U.K. economy gives some U.S. restaurants headaches

By Jonathan Maze on Aug. 17, 2022

The Bottom Line: Domino’s, Papa John’s and Krispy Kreme all said challenges across the pond caused weakness in their results. That could portend to slowing global growth.

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

Some restaurants see a cautious consumer. Others, not so much

By Jonathan Maze on Aug. 08, 2022

Executives with some chains say their diners are shifting to discounts while others say their customers are spending more.

Financing

With traffic flagging, Denny's gets back to value

By Joe Guszkowski on Aug. 03, 2022

The diner chain, which earlier this year said it was easing up on value, is embracing it again amid a difficult economy.

Operations

CloudKitchens sold these restaurants a dream. What they got was a nightmare

By Joe Guszkowski on Jul. 28, 2022

As the ghost kitchen company has expanded to more than 60 locations across the country, it has left a trail of failed businesses in its wake.

Financing

Amid rare sales slide, Wingstop pulls some growth levers

By Joe Guszkowski on Jul. 28, 2022

The chain is joining Uber Eats and expanding chicken sandwiches nationwide after same-store sales fell 3.3%.

Financing

Kura Sushi’s profits improve and its stock price takes off

By Jonathan Maze on Jul. 08, 2022

The chain of revolving sushi restaurants saw stock soar more than 30% on Friday after it said sales and profits were better than expected.

Financing

Rent is less unreachable for restaurants in June, survey finds

By Peter Romeo on Jun. 30, 2022

The percentage of places that couldn't meet their lease obligations declined, even with landlords aggressively hiking charges.

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