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Chili's' better-than-fast-food campaign is a smash

 By Lisa Jennings on Aug. 14, 2024

The casual-dining chain wrapped two full years of turnaround with the Big Smasher burger and Nashville Hot Mozz driving in new guests.

Financing

Topgolf, suddenly struggling, could be spun off

 By Jonathan Maze on Aug. 12, 2024

Parent company Topgolf Callaway Brands is conducting a strategic review of the golf-focused restaurant concept to either reverse its sales decline or spin it off.

Financing

Potbelly finds sweet spot with $7.99 combo meal

By Lisa Jennings on Aug. 12, 2024

CEO Bob Wright is not a fan of more aggressive discounting but he wants to stop guests from trading down to their own refrigerators.

Financing

This earnings season has been brought to you by the word 'challenging'

By Jonathan Maze on Aug. 09, 2024

The Bottom Line: Restaurant executives have talked frequently about the “challenging” or “tough” macro environment so far this earnings season. They have good reason.

Financing

For Dutch Bros, California is just fine

By Jonathan Maze on Aug. 09, 2024

The drive-thru coffee chain increased its store-level profitability last quarter, despite higher labor costs thanks to the state’s $20 fast-food wage.

Financing

Sweetgreen shakes off its lunch-salad rep

By Lisa Jennings on Aug. 09, 2024

Steak and protein plates helped grow dinner sales in the second quarter. Expect to see less salad and more robotic makelines.

Financing

A tough environment interrupts Burger King's comeback

By Jonathan Maze on Aug. 08, 2024

The fast-food chain, and most of its sister concepts, watched sales soften last quarter as consumers pull back on spending. But Tim Hortons Canada is thriving.

Financing

Dutch Bros stock gets hammered, despite a strong quarter

By Jonathan Maze on Aug. 08, 2024

The drive-thru coffee chain reported sales and earnings that bested Wall Street estimates and it raised guidance for the year. Yet its stock price plunged more than 20%.

Financing

Krispy Kreme stock soars thanks to Walmart, McDonald's and Dolly Parton

By Jonathan Maze on Aug. 08, 2024

The doughnut chain said it is exploring plans to go nationwide in Walmart stores as it expands its deal with Target and McDonald’s.

Financing

Todd Penegor steps in at a crucial time for Papa Johns

By Jonathan Maze on Aug. 08, 2024

The pizza-delivery chain is losing ground to competitors as consumers shift to more value-oriented fare. It will be up to the former Wendy’s CEO to find the right balance.

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