Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

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Financing

Marketing and digital drove McDonald's sales last quarter

U.S. same-store sales at the fast-food restaurant giant grew 2.5% in the first quarter. But traffic is down at the chain’s restaurants amid pressure on the consumer.

Financing

A lot more people ordered Domino's Pizza last quarter

The pizza chain saw transaction growth in both delivery and carryout and from all groups, as the company’s loyalty program and value take hold.

The Bottom Line: A combination of rising costs and weakening sales, and more expensive debt, has caused real problems for restaurant chains. But the industry is also really difficult.

The sandwich giant closed more than 400 U.S. restaurants last year, continuing a long string of net closures. It also generated a lot more revenue from suppliers in 2023.

The New York chicken tender chain struggled coming out of the pandemic with inflation and several legal challenges. It is the latest in a string of industry bankruptcy filings.

The Bottom Line: The chain continued to be a juggernaut last quarter, with strong sales and traffic growth, despite frequent social media complaints about shrinkflation or other challenges.

The pizza delivery chain will give customers $3 coupons for their next delivery order if they tip their drivers $3 or more.

The vegetarian fast-food chain emerged from Chapter 11 bankruptcy protection after just a few months with plans to grow to 60 locations around New England within five years.

The Atlanta-based fast-casual smoothie chain, which has thrived in recent years, is being sold to the private-equity giant for $2 billion.

According to data from Placer.ai, traffic at restaurants has lagged that of grocers, superstores and convenience stores since the pandemic.

The Bottom Line: The fast-casual chain’s problems following new menu debuts in 2021 and 2022 show that adding new items isn’t always the right idea.

Once left for dead as shoppers moved online and then the pandemic hit, malls are regaining lost traffic. And that has been a boon for restaurant chains like Auntie Anne's, Cinnabon and Chick-fil-A.

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