Drinks Lead Big Second Quarter for PepsiCo
“A lot of the things we did through the pandemic are paying dividends now that mobility has increased and consumers are getting out more."
5 Questions for Jack Hartung, CFO, Chipotle
“It was kind of too late to pivot if you hadn’t already made the right investments,” Hartung says of adapting to the pandemic.
Noodles & Company CFO Discusses Longer-Term Outlook
The fast food chain's finance chief says the company has a lot of opportunity on the top line.
Will Restaurants Recover in 2021?
"Restaurants were hit harder than any other industry during the pandemic, and still have the longest climb back to pre-coronavirus employment levels."
Cheesecake Factory Fined Over COVID Disclosures
In the first enforcement action of its kind, the SEC says the company falsely claimed its restaurants were "operating sustainably" during the pandemic.
Sysco Shares Rise Despite $618 Million Loss
The coronavirus has slammed Sysco's restaurant customers but its fourth-quarter loss came in lower than analysts had expected.
Denny’s Off-Premise Sales Soften COVID Impact
With dine-in sales shut down, the company has waived delivery fees, provided curbside pickup and launched shareable family meal packs.
How One Restaurateur is Weathering the Coronavirus Shutdown
“With sliver-like margins and not enough resources to sustain a prolonged closure, the future looks grim.”
Virus Expected to Slam Retail, Restaurant Sales
S&P expects "very significant disruptions and sales deterioration" through the second quarter due to store closings and economic contraction.
Bar Louie Files Chapter 11 to Pursue Asset Sale
The company has also closed 38 locations as it struggles with declining mall traffic and a shift away from casual dining.
Red Robin Rebuffs Activist’s $519M Buyout Offer
The struggling restaurant chain said its strategic plan is a better option for long-term shareholder value than Vintage Capital's offer.