industry headlines

Wendy’s Targets ‘Buy and Flips’ for Sustainable Growth

2017-08-09 Wendy’s posted its 18th consecutive quarter of positive same-store sales Wednesday, beating profit and sales estimates and sending share values up des...

Garden Fresh Restaurant Corp. Selling to PE Groups

2017-08-08 Garden Fresh Restaurant Corp. announced that it will sell the company's assets to affiliates of Cerberus Capital Management, L.P.

Fiesta Preps for Brand Relaunch Amid Dismal Sales

2017-08-08 Though Fiesta Restaurant Group posted revenue decline of 4.9 percent and a same-store sales drop of more than 4 percent at Taco Cabana and Pollo Tropi...

Wingstop's Plan to Survive Soaring Wing Prices

2017-08-07 Wingstop has a plan to keep soaring chicken wing prices from grounding its sales momentum.

Freshii Stock Plummets Despite Sales Growth

2017-08-04 Despite posting same-store sales growth of 4.2 percent in the second quarter, Freshii shares dropped by nearly 20 percent Thursday as the company post...

Shake Shack: Don't Focus on Negative Sales

2017-08-04 A continued slip in same-store sales, along with a weak outlook for 2017, sent shares of Shake Shack tumbling nearly 5 percent in after-hours trading ...

Yum! Not Seeing Results from Pizza Hut's Fix Just Yet

2017-08-03 Another quarter of declining same-store sales at Pizza Hut offset strong sales growth at KFC and Taco Bell as parent company Yum!...

Papa John's Buying Back $500M Worth of Shares

2017-08-02 Papa John’s delivered yet another quarter of positive same-store sales and is planning to buy back $500 million worth of shares from investors.

Del Taco Impressing with Sales, Menu Innovations

2017-07-28 John Cappasola is only weeks into his role as Del Taco Restaurants Inc.’s chief executive officer.

Bojangles’ Will Open Fewer Company-Operated Stores

2017-07-28 Bojangles’, Inc. announced financial results for the 13-week second fiscal quarter ended June 25, 2017.