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.

Wetzel’s Pretzels ends 2021 on high note

March 3, 2022

Pasadena, California-based Wetzel's Pretzels had a record-setting 2021, posting a same store sales increase of 24% compare to 2019, according to a press…

Wendy's revenue at $1.9B in 2021

March 1, 2022

Wendy's has released its financial results for the fourth quarter and full year 2021, according to a press release.

Beyond Meat reports disappointing Q4

February 25, 2022

Beyond Meat reported a disappointing fourth quarter 2021, despite the brand's launch of KFC's Beyond Fried Chicken and McDonald's test of its highly…

US Foods boosts Q4 and FY 2021 sales and earnings

February 21, 2022

US Foods Holding Corp. improved sales and earnings for Q4 and FY 2021, boosted by restaurant sales growth and double digit food inflation, according to an…

Jack in the Box to buy Del Taco

December 6, 2021

Jack in the Box will acquire leading Mexican QSR chain Del Taco for $12.51 per share or $575 million, according to a press release.

Restaurants face margin contraction, slower M&A in Q1 2022

November 10, 2021

With rising commodity prices, workforce shortages, and the need for higher expenditures to attract labor in a competitive market, the restaurant industry will…

Yum Brands enjoys Q3 sales growth

October 28, 2021

Yum! Brands worldwide system sales grew 8% and 4% unit growth financial results in the third quarter ended Sept. 20, 2021, according to a press release.