First-quarter reports from public restaurant companies rolled in this week and have highlighted a long-awaited return of guest traffic after nearly two years of eateries losing customers who have been reluctant to spend. Restaurant executives...
DENVER Chipotle Mexican Grill Inc. saw its stock surge on Thursday, following the company’s first-quarter report late Wednesday that included a nearly 50-percent jump in net income from higher same-store sales and positive labor cost trends...
SEATTLE In a continuation of a turnaround that began earlier this year, Starbucks Corp. reported increased sales for the second quarter and upgraded its forecast for the year.For the quarter ended March 28, Starbucks reported net income of $217.3...
OAK BROOK, Ill. McDonald’s Corp. reported on Thursday first-quarter earnings growth stemming from same-store sales growth in all areas of the world, which it said was strong in March and continuing through April. McDonald’s net income for the...
DALLAS Brinker International Inc. reported a 14-percent jump in third-quarter net income but said sales remain down at its flagship Chili’s Grill & Bar casual-dining chain.Brinker, which also operates the Maggiano’s Little Italy chain and is in...
CARPINTERIA, Calif. CKE Restaurants Inc. said Tuesday it has deemed a second buyout bid for the company more attractive than the original $928 million deal with private equity firm Thomas H. Lee Partners LP. The second bidder has offered a cash...
NEW YORK Restaurant companies releasing first-quarter results in the weeks ahead are expected to report improved sales trends, continued cost controls and a heightened sense that an industry recovery has begun, according to securities analysts...
Private-equity interest in the restaurant industry is growing by the day, analysts and industry observers have noted, and a working list of which companies are next for a possible buyout is getting longer...
California Pizza Kitchen Inc. became the latest restaurant company to delve into the deal making fires, which some analysts have said are heating up after transactions for CKE Restaurants, Papa Murphy’s and the Monday announcement for the...