Restaurants in Texas saw a 15% drop in same-store sales for the last week of August as a result of Hurricane Harvey, per TDn2K. Operators in Florida were similarly affected.
Turnaround report: Bob Evans’ deal cycle, all-day breakfast success; Applebee’s makes $165M move; Farrell’s setback
Industry not immune to sex scandals
Celebrity chef John Besh left his namesake dining operations in October following allegations of widespread sexual harassment within Besh Restaurant Group, which was called out by a local newspaper after an eight-month investigation. Allegations of inappropriate behavior were also leveled against culinary star Todd English.
In the last earnings call for outgoing CEO Randy Garutti, the fast-casual chain said traffic was down 2.1% in the first quarter, though trends were improving into Q2.
The fast-food burger chain wants to build more restaurants. To speed growth and fulfill the chain's potential, it needs to generate more sales and restaurant profits.
The program's best went head to head for a weekend in Baltimore, with 96 teenaged teams vying for $200,000 in scholarships to continue their restaurant educations.