However, total revenue and company -
owned restaurant sales increased by 8.5 percent and 9 percent, respectively, year over year.
Not exact matches
Company Restaurant profit («Restaurant profit») is defined as Company
sales less expenses incurred directly by our Company -
owned restaurants in generating Company
sales.
Net income jumped to $ 433 million from $ 280 million last year, reflecting gains from the
sale of company -
owned restaurants to franchisees.
In the wake of the Wendy's hack that hit hundreds of franchisees, the company said its
own restaurants and new point - of -
sale payments system were unaffected.
«The recent Tuesday promotion shift from traditional to boneless wings at company -
owned restaurants will continue to improve cost of
sales while traditional wing prices remain elevated,» said Sally Smith, the CEO of Buffalo Wild Wings, in a statement.
Sales at stores open for at least one year fell in the third quarter by 2.3 % at company -
owned restaurants.
Second quarter
sales at Panera's company -
owned cafes rose 4.2 % on a comparable basis, a metric that indicates a
restaurant's health by excluding any gains from new store openings.
«The recent Tuesday promotion shift from traditional to boneless wings at company -
owned restaurants will continue to improve cost of
sales while traditional wing prices remain elevated,» CEO Sally Smith said in a statement.
Last quarter, Ruby Tuesday saw a 7.8 percent decline in same -
restaurant sales at company -
owned restaurants and a 5.3 percent drop at franchise
restaurants compared to the same quarter a year ago.
The
sale of company -
owned restaurants to franchisees led to lower revenue of $ 265.2 million, which was below the $ 268.2 million analysts expected.
✮ Backlink growth hack Every time a
restaurant purchases the
sales optimized website, we also add a link to our
own website in the footer of the
restaurant page.
Quarterly revenue grew 2 % year over year to $ 500 million, as revenue from new locations was offset by a worse - than - expected 1.2 % same -
restaurant sales decline at company -
owned restaurants.
The Cheesecake Factory (NAS: CAKE) 14 - SEP - 2017 (EV $ 1.82 B; Mkt Cap $ 1.88 B; 49.0 MM shares outstanding; $ 40.29 / share) STATUS At end of 2016, CAKE had a total of 208 company -
owned restaurants (all U.S. based): 194 Cheesecake Factory
restaurants 13 Grand Lux 1 Rock Sugar Pan Asian NOTE: Each
restaurant has
sales of ~ $ 10.5 annually.
Management reported that four weeks into the second quarter, same - store
sales at company -
owned restaurants are up another 8.5 % compared to a year ago.
The
restaurant has its
own bakery, providing a wide range of Mediterranean breads and sweets for guests, and recently added a retail stand for
sales of its baked goods.
Among independently
owned restaurants, Bob Chinn's Crab House ranks in the top 15 in the United States in terms of
sales.
Headquartered in Orlando, LongHorn has more than 470
restaurants across 40 states and is a division of Darden Restaurants, Inc. (NYSE: DRI), which owns and operates more than 1,500 restaurants that generate approximately $ 6.3 billion in an
restaurants across 40 states and is a division of Darden
Restaurants, Inc. (NYSE: DRI), which owns and operates more than 1,500 restaurants that generate approximately $ 6.3 billion in an
Restaurants, Inc. (NYSE: DRI), which
owns and operates more than 1,500
restaurants that generate approximately $ 6.3 billion in an
restaurants that generate approximately $ 6.3 billion in annual
sales.
Darden, a Fortune 500 company with
restaurant sales exceeding $ 7.5 billion in 2011 and $ 7.1 billion in 2010, employs about 168,000 workers at the approximately 1,900
restaurants it
owns and operates in the U.S. and Canada.
Menu optimization, increased operational standards, server training and a local store marketing push at the flagship
restaurant in Chicago brought with them double - digit
sales increases, which Mangiamele is confident will translate to the chain's franchisee -
owned units.
Grimm pleaded guilty in December to federal tax fraud, admitting he hid $ 1 million is
sales receipts from a
restaurant he once
owned in Manhattan called Healthalicious.
You can also try finding a venue or
restaurant that lets you bring your
own alcohol, and keep an eye out for liquor
sales in the lead up to your big day to get the best deal.
We are pleased to offer for
sale a unique opportunity to
own a landmark
restaurant that is turn - key ready for operation.
The
owned - and - operated Arby's
restaurants have reportedly purged the malware from their point - of -
sale systems in question.
A number of factors are suppressing recent same - store
sales at
restaurant chains, whether they are quick service
restaurants like Sonic (down 2 percent) or Chipotle (down 20.1 percent) or at casual sit down locations like the brands Darden
owns.
Seller is wanting to sell because they
own another big
restaurant and bar far away from this location and want to focus energy where they have more at stake so looking for a quick
sale.