Same-store traffic significantly down, showing long-term challenges Blackbox May sales are positive, said TDn2K, in its latest sales reporting. Restaurant performance in May 2019 rebounded, posting a 1.1 percent same […]
Easter holiday shift impacts April, March sales According to Blackbox Intelligence from TDn2K, an analytics and data provider, same store sales growth in April was negative for the second time […]
As industry sales forecast reaches $863B, 40 percent of restaurants invest in off-premises business The National Restaurant Association released its 2019 State of the Restaurant Industry, projecting sales to reach […]
DFRG considers possible sale after acquisition of Barteca, activist letter Del Frisco’s Restaurant Group (DFRG) announced today that it will complete a strategic review, including the possible sale of the […]
More than 25 percent of sales for the combined chains of Bloomin’ Brands—Outback Steakhouse, Bonefish Grill, Carrabba’s Italian Grill and Fleming’s Prime Steakhouse and Wine Bar—in the very near future, said Elizabeth Smith, CEO for Bloomin’ Brands on a Q3 investor conference call September 29. The company benefited from having added 240 locations across the system thus far, and Bloomin’ Brands expects to add another 200 units by the end of this year... about 70 to 80 percent of Carrabba’s and Outback stores are “eligible” to be delivery restaurants (urban/suburban vs. rural).
Sonic Corp. announced its financial results for the fourth fiscal quarter of 2018 (Q4). Sonic agreed to a merger agreement.