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Brazilian steakhouse Fogo de Chão acquired by Bain Capital Private Equity
Aug 15, 2023
Rhône Capital sold the fine dining restaurant chain for an undisclosed amount; Barry McGowan to stay on as CEO
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NRN editors discuss the major themes from the Q3 restaurant earnings season
Aug 11, 2023
Plus, hear a recent episode of DrinkedIn Live
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Krispy Kreme grows with a boost from partnerships like McDonald’s and now Amazon Fresh
Aug 10, 2023
Krispy Kreme’s revenue grew by 9% for the second quarter, thanks to 462 new points of access, with help from burgeoning restaurant and retail relationships like McDonald's, Amazon, and Costco.
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Noodles & Company’s sales decline as customers push back against price hikes
Aug 10, 2023
The restaurant chain is evaluating its menu offerings as it plans to launch Chicken Parmesan in the early fall
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Consumers may be reaching restaurant menu price fatigue
Aug 10, 2023
New data from HundredX shows that consumers’ net sentiment toward menu pricing has fallen by 7% over the past year.
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Incoming Dutch Bros CEO Christine Barone wants to drive the company toward 4,000 cafes
Aug 10, 2023
Christine Barone will be taking over the chief executive mantel from the restaurant company’s current CEO Joth Ricci in 2024
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Menu prices continued to cool down in July
Aug 10, 2023
Despite continued relief, the gap between restaurant prices and grocery prices continued to widen in favor of grocery.
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El Pollo Loco board adopts poison pill amid Sardar Biglari stock buys
Aug 09, 2023
Steak ‘n Shake restaurant owner has accumulated about 11.3% of Mexican concept’s shares
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Wendy’s push into late-night is starting to pay off
Aug 09, 2023
The restaurant company recently started advertising its late-night daypart for the first time in four years and the business experienced double-digit sales growth in Q2.
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What Papa Johns is relying on for a traffic boost next quarter
Aug 07, 2023
Papa Johns International, Inc. continues to struggle during what the company called a “challenging operational environment” as same-store sales drooped 1% during the second quarter ended June 25. According to Papa Johns CEO Rob Lynch, April 2023...
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