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Burger King-parent RBI focuses on franchisee profitability
Feb 13, 2024
Company continues its “Reclaim the Flame” investments and looks toward refranchising after impending Carrol’s acquisition in Q2
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Menu prices continued to outpace general inflation in January
Feb 13, 2024
The gap between grocery and menu prices remained relatively stable in January after widening in favor of grocery for the past several months.
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Boston Market owner Jay Pandya files for bankruptcy again
Feb 13, 2024
Pandya filed for bankruptcy again one week after Boston Market was ordered to pay $11.9 million to US Foods in default court decision
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Inspire Brands acquires delivery management software company Vromo
Feb 12, 2024
The Dunkin’ and Buffalo Wild Wings parent company recently purchased the technology vendor designed to make delivery channels more profitable
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NRN editors discuss Chipotle’s big numbers, the future of beef, and Valentine’s Day promotions
Feb 09, 2024
Plus, hear an exclusive conversation between Sam Oches and Robert Byrne of Technomic where they spoke about the NRN report, America’s Favorite Chains
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Why Chipotle's eye-popping results show a long runway for the brand
Feb 08, 2024
Chipotle’s Q4 2023 results far exceeded expectations, as well as the industry at large, with Tuesday’s report showing a same-store sales increase of 8.4%. Revenue increased 15.4% to $2.5 billion, while restaurant level operating margin increased...
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Chipotle proves traffic gains are possible in this environment
Feb 07, 2024
Chipotle’s Q4 results included a same-store sales increase of 8.4% and a 7.4% increase in transactions, versus a 1.6% decline industrywide.
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U.S. restaurant industry expected to pass $1 trillion for the first time
Feb 06, 2024
The National Restaurant Association is forecasting a record $1.1 trillion in sales in 2024 and the addition of 15.7 million jobs.
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Why McDonald's missed its fourth quarter expectations
Feb 06, 2024
McDonald’s reported mixed results from its Q4 and full-year earnings report Monday morning. The company’s quarterly same-store sales, at 3.4%, fell short of expectations and were weighed down by the war in the Middle East...
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McDonald’s CEO: ‘The battleground is with the low-income consumer’
Feb 05, 2024
The restaurant company is navigating transaction reductions from consumers making $45,000 and below and believes those headwinds will continue this year.
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