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Jack in the Box reported a same-store sales increase of 12.5% in the first quarter ended Jan. 27, driven by higher average checks as customers bought more premium items. The company was preparing to announce a new cohesive strategy including a better relationship with franchisees, now that a new executive team is largely in place.
Yum Brands reported an overall 1% drop in same-store sales across all four of its brands (Taco Bell, Pizza Hut, KFC and The Habit Burger Grill) in the fourth quarter ended Dec. 31. Only Taco Bell reported positive same-store sales results, attributed to delivery growth, bringing back menu favorites and introducing new items like the grilled cheese burrito and nachos party pack.
Chipotle Mexican Grill Inc. reported a same-store sales increase of 5.7% for the fourth quarter ended Dec. 31, with digital sales growing 177.2% in the quarter. The fast-casual brand plans to open 200 stores in 2021, with 70% of those having Chipotlanes.
McDonald’s posted a 5.5% increase in U.S. same-store sales for the fourth quarter ended Dec. 31, with positive trends continuing into January. Domestic sales grew in every daypart, including breakfast.
For the fourth quarter ended Dec. 31, Restaurant Brands International Inc. reported U.S. same-store sales declines of 6.4% at Popeyes and 2.9% at Burger King. At Tim Horton’s, where the company includes both U.S. and Canada restaurants, same-store sales fell 11.9%. At Popeyes, the popular chicken sandwich has boosted average unit volumes more than $400,000 since fall of 2019, when the menu item was added permanently.
Denny’s reported a domestic systemwide same-store sales decline of 32.9% in the fourth quarter ended Dec. 30. As of Feb. 17, more than half of U.S. locations had signed up to offer one or both of the company’s new virtual brands, The Burger Den and The Melt Down.
BJ’s Restaurants Inc. reported a same-store sales decline of 32.3% for the fourth quarter ended Dec. 29. Earlier this month, the company expanded the test of its Slo Roast virtual brand to 13 restaurants.
Texas Roadhouse Inc. saw same-store sales decline 8.9% at domestic company-owned restaurants and 11.2% at domestic franchised units in the fourth quarter ended Dec. 29. Those numbers were turning positive by the end of February, with off-premise sales remaining strong as indoor-dining capacity limits increased.
The Cheesecake Factory Inc. reported a same-store sales decline of 19.5% in the fourth quarter ended Dec. 29. The company hopes to keep off-premise options when dining rooms full reopen.
Wingstop Inc. saw domestic same-store sales increase 18.2% in the fourth quarter ended Dec. 26 as digital sales soared past the $1 billion mark systemwide in 2020, representing more than 60% of total sales. 2020 was also the brand’s first year of delivery, which now represents more than 25% of total sales.
Starbucks reported a 5% drop in U.S. same-store sales for the first quarter ended Dec. 27, a slight improvement over the previous quarter. Meanwhile, sales in China were positive for the first time since the pandemic began.
Brinker International Inc. reported a same-store sales decline of 12.1% at company-owned restaurants in the second quarter ended Dec. 23. The company was preparing for a post-vaccine world, expecting consumers to continue demanding greater convenience and control over their restaurant experiences.
Darden Restaurants Inc. reported an overall same-store sales decline of 20.6% in the second quarter ended Nov. 29, due to increased coronavirus-related indoor-dining restrictions throughout the quarter. When reporting in December, the company also announced a series of board and C-suite changes.
Dave & Buster’s Entertainment Inc. reported a same-store sales decline of 66% for all stores, both open and closed, for the third quarter ended Nov. 1. As of December, the eatertainment concept had reopened 75% of its stores as it struggled to recover.
Cracker Barrel Old Country Store, Inc. reported a same-store sales decline of 16.4% for the first quarter ended Oct. 30. This represented an improvement over the previous quarter; the company credited that to increased dining-room capacity, new menu items and off-premise growth.
