US Foods improves Q2 2022 results

August 12, 2022

US Foods Holding Corp. improved its sales and earnings for Q2 2022 against the prior year period, exceeding analysts' revenue expectations, according to a…

Taco Bell franchisee to launch bank for QSRs

August 11, 2022

Farzin Ferdowsi, CEO of Management Resources Company, which manages more than 2,000 employees in multiple businesses including 90 Taco Bell restaurants in…

Sysco beats Q4 and FY 2022 sales, earnings expectations

August 10, 2022

Sysco Corp. boosted its Q4 and FY 2022 results, surpassing revenue and earnings expectations, according to an earnings report. Highlights include:

Jack in the Box Inc. reports mixed earnings during Q3

August 10, 2022

Jack in the Box Inc. reported mixed earnings for Q3, with Jack in the Box store sales down 0.6% but Del Taco's same store sales increasing 3.5%, according to a…

Fast-food market to grow by $87B

August 9, 2022

The fast-food market is set to grow by $87.27 billion from 2020 to 2025, according to the latest market research report by Technavio.

Middleby boosts Q2 2022 sales, surpassing expectations

August 4, 2022

Middleby Corp. boosted Q2 2022 sales against the prior year period, surpassing analyst expectations, while earnings declined. Highlights include:

Yum Brands meets Q2 sales expectations

August 3, 2022

Yum Brands quarterly same-store sales met its estimates as more people dined out during Q2 and the brand held steady in tacos, pizza and fried chicken…

McDonald's sees sales increase thanks to raising prices, value menu

July 26, 2022

McDonald's same-store sales are up thanks in part to the company raising its prices and value items, according to a CNBC report. Sales jumped 4.7%, the company…

Ghost Financial to provide up to $100M for Cruising Kitchens

July 11, 2022

Ghost Financial, a financing and business services platform for ghost kitchen operators, has announced that it will be the exclusive financial partner for…

Webinar to show how two restaurant owners solved their sales tax dilemmas

by Mandy Wolf Detwiler — Editor, Networld Media Group

Got problems with your taxes? A free webinar sponsored by DAVO will teach attendees a bevy of tax-related solutions.

Franchise Equity Partners makes $44M investment in Fresh Dining Concepts

June 10, 2022

Fresh Dining Concepts, the largest franchise group in the Focus Brands snacks family, has received a $44 million investment from Franchise Equity Partners…

Creating Value in Your Loyalty Program

Through targeted ads in banks’ digital channels we help you identify opportunity, reach real people and pinpoint the true, incremental sales impact of…

Report: Is Wendy's up for sale?

May 25, 2022

Wendy's management fund wants to explore a sale or merger, according to a filing with the Securities and Exchange Commission.

Wendy's Q1 reveals robust AUV, sales, growth

May 13, 2022

The Wendy's Co. had one of its best quarters in history in Q1 2022 with global same-restaurant sales up double digits and increased its global digital sales…

Toast boosts Q1 2022 results, beats expectations

May 13, 2022

Toast, a digital technology platform for restaurants, improved its revenue and earnings for Q1 2022 against the prior year period, according to an earnings…

US Foods boosts Q1 2022 results on higher volume, food cost inflation

May 12, 2022

US Foods Holding Corp. improved its Q1 2022 results driven by higher total case volume and food cost inflation compared to the prior year period, according to…

Sysco posts strong Q3 2022 sales, earnings

May 11, 2022

Sysco Corp. posted strong sales and earnings for Q3 2022 against the prior year period, according to an earnings release. Highlights include:

McDonald's reports 1st quarter sales increase

April 28, 2022

Global comparable sales rose 11.8% and U.S. sales increased 3.5% for McDonald's in the first quarter of 2022.

NRA applauds House passage of $42M restaurant relief package

April 7, 2022

The House of Representatives approved a $55 billion relief package Thursday that includes $2 billion for the Restaurant Revitalization Fund.

Long John Silver's reports positive sales growth, new leadership

March 8, 2022

Long John Silver's is reporting positive sales growth, partially due to new leadership, according to a press release.