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.