At Texas Roadhouse, same-store sales were up 7.3% for the most recent quarter, and nearly 16% so far in 2023. The chain is also seeing positive traffic numbers despite trends in the casual dining space — it had more guests on average in the past seven weeks than any period in its history.
At Chuy’s, same-store sales were up 3.4%, driven by an increase in average check, despite falling traffic levels. The casual-dining chain has seen success with its new LTO program, which it plans to continue quarterly.
At Shake Shack, same-store sales were up 5.1%, and traffic was up as well thanks to full-service consumers who are trading down.
At Krispy Kreme, “sales per hub,” as the brand call them, were up 15%. The chain is leaning on its omnichannel focus, selling product in grocery stores and some McDonald’s locations.
At Denny’s, same-store sales were up 2%. The company is finishing up its modernization of restaurant kitchens, and will launch a menu refresh in the near future — as a result, the brand reports guest sentiment is up as well.
Yum Brands reported the following same-store sales at its brands: up 11% at Taco Bell, driven by breakfast and Mexican Pizza; Pizza Hut up 4% driven by continued integration of third-party delivery aggregates; KFC up 1% and The Habit Burger Grill down 1%.
At Chipotle, same-store sales were up 5.6%, driven by menu price increases — transactions at the chain were down 4%. The company reported that high inflation levels were taking a toll on its consumers.
At Starbucks, same-store sales were up 10% in the U.S., driven by higher menu prices, strong gift-card sales and a small traffic boost. The company set records in revenues, gift-card sales and mobile-app usage during the quarter.
Brinker reported same-store sales increases of 21.2% at Maggiano’s, 8% at Chili’s and 9.7% company-wide. Chili’s marked its return to TV advertising as the company saw traffic fall off among lower-income consumers.
At McDonald’s, same-store sales were up 10.3%, with traffic up 5% systemwide. The company attributed its success to menu-price increases, marketing campaigns and growth in digital and delivery.