restaurants

Drinks Lead Big Second Quarter for PepsiCo
Financial Performance

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."
By Matthew Heller | July 14, 2021
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5 Questions for Jack Hartung, CFO, Chipotle
Supply Chain

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.
By Vincent Ryan | March 10, 2021
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Noodles & Company CFO Discusses Longer-Term Outlook
Strategy

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.
By Lauren Muskett | March 4, 2021
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Will Restaurants Recover in 2021?
The Economy

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."
By Lauren Muskett | January 27, 2021
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Cheesecake Factory Fined Over COVID Disclosures
Risk & Compliance

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.
By Matthew Heller | December 4, 2020
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Sysco Shares Rise Despite $618 Million Loss
Financial Performance

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.
By Matthew Heller | August 11, 2020
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Denny’s Off-Premise Sales Soften COVID Impact
Financial Performance

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.
By Matthew Heller | May 15, 2020
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How One Restaurateur is Weathering the Coronavirus Shutdown
Risk & Compliance

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.”
By Lauren Muskett | March 25, 2020
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Virus Expected to Slam Retail, Restaurant Sales
Risk & Compliance

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.
By Matthew Heller | March 24, 2020
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Bar Louie Files Chapter 11 to Pursue Asset Sale
Credit & Capital

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.
By Matthew Heller | January 28, 2020
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Red Robin Rebuffs Activist’s $519M Buyout Offer
M&A

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.
By Matthew Heller | September 5, 2019
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McDonald’s Shares Jump 6% on Earnings Beat
Financial Performance

McDonald’s Shares Jump 6% on Earnings Beat

The company benefited from value deals and increased menu prices as it undergoes the largest construction project in its history.
By Matthew Heller | October 23, 2018
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Arby’s Owner Beefs up With $1.5B Sonic Buy
M&A

Arby’s Owner Beefs up With $1.5B Sonic Buy

Sonic is America's largest drive-in chain but has been facing intense pricing competition from bigger fast-food rivals.
By Matthew Heller | September 25, 2018
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Chipotle Same-Store Sales Gain Boosts Stock
Financial Performance

Chipotle Same-Store Sales Gain Boosts Stock

The 3.3% increase in Q2 beat analysts' estimates as an increase in average check helped offset 1.8% fewer comparable restaurant transactions.
By Matthew Heller | July 27, 2018
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McDonald’s Serves up 5.5% Comp Sales Gain
Financial Performance

McDonald’s Serves up 5.5% Comp Sales Gain

The fast-food giant benefited in Q1 from menu price increases that fueled higher check averages in the U.S.
By Matthew Heller | May 1, 2018
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