Jonathan MazeSonic Corp. this week reported the type of quarter that restaurant executives dream of. The company’s same-store sales rose by 11.5 percent in the quarter ending Feb. 28, the best quarterly performance in the company’s history. Net e...
Jonathan MazeCasual dining chains are weaning themselves off of their discount addiction.
With consumers apparently more willing to eat out and spend a little more money, casual dining restaurants in particular have started eliminating discoun...
Jonathan MazeMuch has been made about the comeback at Steak 'n Shake in the years after Sardar Biglari took over the company shortly after being elected to the company’s board of directors. But in a filing earlier this week, Biglari Holdings put ...
The price for shares of stock in Ignite Restaurant Group has plunged nearly 30 percent over the past three days — and it has nothing to do with its recent sale of Macaroni Grill.
Ignite announced the sale of Mac Grill for $8 million one week a...
Jonathan MazeIt’s safe to say that restaurants ended 2014 on a high note. Of the 55 publicly traded restaurant chains that we track and have reported late-year earnings so far, only four of them reported declines in same-store sales.
As such, th...