Domino’s Pizza reported a 17.5% increase in U.S. same-store sales in the third quarter ended Sept. 6, but also indicated that its strongest sales performance in decades was offset by higher pandemic costs like paid sick leave and personal protective equipment.
Del Taco reported a 4.1% increase in same-store sales for the third quarter. The quick-service chain attributed the success to dollar deals, a surge in delivery and menu innovation, and said it was planning a new prototype for 2021. The prototype will have a smaller footprint, and its drive-thru lanes will add outside order takers.
Chipotle Mexican Grill saw same-store sales climb 8.3% in the third quarter, up from a 9.8% decline in the previous quarter. The fast-casual chain said delivery now represents half of digital sales, which grew 202.5% to $776 million; the company also said it would test raising delivery menu prices as much as 17%.
Bloomin' Brands Inc.
Bloomin’ Brands Inc., parent to Outback Steakhouse and other casual-dining brands, saw domestic same-store sales fall 12.8% in the third quarter ended Sept. 27. Bloomin’ is leaning into other segments, with virtual Tender Shack and quick-service Aussie Grill broadening the company’s offerings for customer convenience.
For the third quarter ended Sept. 30, Restaurant Brands International reported same-store sales declines of 7% and 12.5% at Tim Burger King and Tim Hortons, respectively, and an increase of 17.4% at Popeyes Louisiana Kitchen. The company announced it will modernize drive-thrus at all brands, incorporating new digital boards offering predictive selling, loyalty-program integration and contactless payments.
Brinker International Inc. reported same-store sales declines of 7.2% at Chili’s Bar and Grill and 38.6% at Maggiano’s Little Italy for the first quarter ended Sept. 23. Following a successful summer launch of virtual brand It’s Just Wings, CEO Wyman Roberts said the company was looking into other virtual options beyond wings.
At Dine Brands, same-store sales were down 13.3% for Applebee’s and 30.2% for IHOP in the third quarter ended Sept. 30. The company said up to 100 underperforming IHOP units could close in the next six months, while Applebee’s was planning to roll out its virtual Neighborhood Wings brand systemwide.
Yum Brands reported an overall 2% decline in same-store sales for its three core brands (Taco Bell, Pizza Hut and KFC) and a 3% decline at The Habit Burger Grill in the third quarter. During Q3, 672 Pizza Hut units closed, while Taco Bell’s drive-thru sales were a bright spot for the company. The company is planning smaller-footprint Taco Bell stores, dubbed Taco Bell Go Mobile, which will have double drive-thrus and curbside pickup.
Texas Roadhouse saw same-store sales fall 6.3% at domestic company restaurants and 9.6% at domestic franchise units. The casual-dining brand expects to hold onto its to-go sales increases after the pandemic, having seen the percentage hold at 20% in the October period.
Same-store sales at Shake Shack were down 31.7% for the third quarter ended Sept. 23; much of the decline was driven by urban locations, where comps were down 43%. The fast-casual brand said it was planning to build up to eight stores with drive-thru lanes.
Starbucks reported a 9% drop in same-store sales for the quarter ended Sept. 27, driven by a 23% decrease in comparable transactions. The company said it would close an additional 100 stores in the U.S., likely in underperforming, dense metro areas.
Rave Restaurant Group
Rave Restaurant Group reported a domestic same-store sales decrease of 22% for Pizza Inn and a 23% decrease for Pie Five for the first quarter ended Sept. 27. The company faced a delisting notice from the Nasdaq in July for not being in compliance with the stock exchange’s stockholder equity minimum of $2.5 million but escaped that danger zone in Q1.