Sentences with phrase «restaurant sales as»

Not exact matches

Company restaurant margin percentage is defined as Restaurant profit divided by Company sales.
Company Restaurant profit («Restaurant profit») is defined as Company sales less expenses incurred directly by our Company - owned restaurants in generating Company sales.
May 2 (Reuters)- Yum Brands Inc's sales at established outlets rose at just half the pace expected by Wall Street, as its KFC and Pizza Hut chains struggled to attract enough diners in a fiercely competitive restaurant industry.
This exercise can reveal information such as the probability that customers will respond to a marketing campaign, the best neighbourhoods in which to open up shop or even how the temperature in a restaurant affects drink sales.
What started as two guys in a San Francisco apartment in 2008 has grown to 150 employees, 20,000 restaurants available in 850 cities, more than 1 million visits to its website a month, and a projected $ 150 million in sales this year.
Bresch has said that Mylan will try to get the EpiPen a special status that would allow restaurants and other public venues to keep them available onsite as one way of expanding sales.
Penegor is certainly right about the downturn in sales at restaurants, as we have previously noted, and other fast - food chains such as Burger King and Taco Bell also saw sales declines in their most recent quarters.
Strassburg and her husband Mark had to take on second jobs — she in magazine advertising sales and he as a dog walker — to keep their barbecue restaurant in business.
Brands such as Buffalo Wild Wings, Ruby Tuesday, and Applebee's have faced sales slumps and dozens of restaurant closings as casual - dining chains have struggled to attract customers and increase sales.
«For the past several months, we have worked closely with our financial advisors and evaluated various strategic alternatives with respect to Qdoba, including a sale or spin - off, as well as opportunities to refranchise company restaurants,» Lenny Comma, CEO and chairman of Jack in the Box, said in a statement.
Concurrently, they would make sales calls on local gay bars and restaurants, just as they had in Atlanta.
That's an important metric for the restaurant industry, as it excludes sales from newer locations.
These goals were announced as the chain reported that global sales at restaurants open at least a year, or same - store sales, increased 5.9 % in 2015, with net income for the year reaching $ 44.1 million.
The restaurant chain, along with many of the industry's largest brands, including McDonald's and Burger King (bkw), have faced challenging sales trends as consumers have shifted their spending patterns.
The restaurant chain's sales have fallen for eight straight quarters, even as competitors like Domino's and Papa John's have seen revenue increase.
Holiday retail sales in November and December — excluding automobiles, gasoline and restaurants — are expected to increase as much as 4 percent this year, reaching up to $ 682 billion, according to the National Retail Federation, the industry's trade group.
Shares of the world's biggest fast food chain by revenue rose more than 5 percent as global same - restaurant sales topped Wall Street forecasts, driven by the strength in mature markets especially the United Kingdom and Germany.
System - wide sales are driven by sales at franchised restaurants, as approximately 100 % of current restaurants are franchised.
Dunkin' Brands has also been hurt by fewer restaurant openings, as well as a drop in sales at established Baskin - Robbins outlets in the U.S., according to a previous report.
The fast - food chain generates as much as 70 percent of its sales from hungry drivers, according to John Gordon, principal at San Diego - based Pacific Management Consulting Group and an adviser to restaurant franchisees.
Others believe MCAs can be a good tool for some companies; among the most suited are seasonal businesses such as restaurants in resort areas or retailers that bring in the bulk of their sales around the holidays.
It seems that restaurant and bars are the only beneficiary as sales there were up 13.1 percent year - over-year,» Peter Boockvar, chief market analyst at The Lindsey Group said in a note.
It's kind of crazy that this year as now a 21 - year - old company with nearly 1,800 restaurants and average volumes of $ 2.4 million, Comparable sales per restaurant we just now delivered our highest comp 19.8 percent gain (in revenue at restaurants open more than a year) as a public company.
As Brad mentioned, our 3 large brands had a combined same - restaurant sales decline of 1.9 % during the fourth quarter.
In addition, to continue our same - restaurant sales momentum in fiscal 2013, we will focus on further elevating the guest experience along with growing all sales channels including group and event dining, as well as national account relationships and continue to broaden the appeal of our menus.
In retrospect, this decision negatively impacted same - restaurant sales momentum given the significant level of competitive media across the industry at that time; second, the Taste of Tuscany promotion that started in May and has continued into June was not as effective as we anticipated.
As icing on the cake, operating income surged 30 % for McDonald's U.S. business, underscoring the profit potential that exists this year amid better sales and McDonald's actively slashing expenses and re-franchising restaurants.
The sales result for Dunkin Donuts U.S. stores marked an improvement from the 2.7 % gain seen in the first quarter, as traffic to Dunkin's restaurants bounced back following the impact of wintry conditions in the Northeast.
We anticipate lower restaurant labor expense and restaurant expenses as a percentage of sales this fiscal year from same - restaurant sales leverage and our transformational cost savings initiatives.
Now certainly as we look back at the full year, blended same - restaurant sales growth for the 3 big brands would have been even stronger without the decline we experienced at Olive Garden.
In fact, restaurant level margins improved significantly for the group throughout fiscal 2012, and we continue to leverage our support platform to reduce G&A as a percentage of sales.
The 370 - basis - point improvement was primarily the result of lower commodity costs, as well as the positive impact from Image Activation, and the sale of our lower margin Canadian restaurants in the second quarter of 2015.
And so as we enter fiscal 2013, we're looking for accelerated new restaurant growth, same - restaurant sales growth that's similar to fiscal 2012 on an overall basis but has a healthier mix from a brand perspective, driven by better results at Olive Garden.
Hey, Will, I think as you look at our long - term guidance, our P&L gets a lot less dependent on same - restaurant sales growth, and a lot more dependent on a lot of these other elements that I hit on, on what's driving us towards that 38 % to 40 % margin improvement.
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.
Of the 50 largest fast - food U.S. restaurants by sales, 13 identify as burger chains with a mix of fresh and frozen beef.
It was another fantastic quarter for Texas Roadhouse, as the company continues to expand both the number of locations and sales at existing restaurants.
Meanwhile, the board has tried to address Fiesta's recent struggles by undertaking a host of initiatives that include hiring a new CEO, appointing two former restaurant executives as independent directors, conducting a sale process of the entire company, and outlining and communicating a strategic renewal plan.
Morgan Stanley estimates that online aggregators will lift sales from $ 600 million in 2017 to $ 2.4 billion by 2025 as more consumers and restaurants shift online and as aggregators expand into new markets.
Instead of bowing out under pressure from national competition, local food delivery services in smaller markets across the U.S. are seeing sales lifts and renewed restaurant partnerships as Grubhub and Uber Eats show up on their scene.
The market seems to be frustrated with the coffee chain, as comparable - sales growth has slowed from 5 % a few years ago to just 2 %, but considering the «restaurant recession» going on in the U.S. over the last two years, Starbucks is still outperforming most of its peers.
«We are looking as a sales entity and a company to work with our restaurant customers to improve their profitability,» Bradshaw says.
«Cooking techniques are as important as the seasonings and weight of the product when pairing food with wine,» Stefanelli Distributing Vice President of Operations and Sales Carl Rana wrote in a restaurant review.
Since its inception, the company has provided more than $ 127,000 in contributions as part of its «B Charitable» initiative, in which it donates 10 percent of its restaurants» sales to local schools and charities on the 21st of each month.
Given the tight operating environment for restaurants throughout the U.S., it comes as no surprise that many of the national chains continue to struggle to post consistently positive same - store sales, long considered another indicator of industry health.
«Unlike the restaurant industry as a whole, our sales have been climbing,» McGee says.
Over the past several years, the company has worked diligently to overcome issues such as bottle tax regulations, smoking bans in bars and restaurants, and a sluggish economy that has deflated alcohol sales across Michigan.
The positive sales momentum began in 2012 and comes as the world's largest Latin chicken restaurant brand looks to enhance its digital presence and its already - famous Latin menu.
O.K. Foods serves customers from five sectors: quick - service restaurants, traditional foodservice such as hotels, retail, commodity sales and industrial sales.
Specifically, Food Sales West focuses on various channel segments, such as colleges and K - 12 schools, healthcare, hospitality, multi-unit chains and full - service restaurants, with dedicated directors overseeing each channel.
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