Sentences with phrase «restaurant sales declines»

Buffalo Wild Wings also reduced its full - year financial guidance to call for same - restaurant sales declines of 2 % to 1 % (compared to growth of 1 % previously), and adjusted earnings per diluted share in the range of $ 4.50 to $ 5.00 (down from $ 5.45 to $ 5.90 before).

As Brad mentioned, our 3 large brands had a combined same - restaurant sales decline of 1.9 % during the fourth quarter.

Same - restaurant sales declined 3.9 %.

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.

To be fair, regarding the latter metric, Buffalo Wild Wings was quick to point out its same - restaurant sales decline still managed to outpace the broader casual - dining industry by 200 basis points.

Not exact matches

Pizza Hut also missed expectations for same - restaurant sales, which were up 1 percent worldwide, after strength in the United States offset a decline in China.

In 2017, U.S. comparable same - restaurant sales fell 5.3 % at Applebee's, and also slipped at sister chain, the pancake - focused IHOP, where they declined 1.9 % last year.

So, yes, there is a decline in the restaurant industry's sales, but it's probably more because of how relatively expensive it is to eat out, not the back - and - forth between Trump and Clinton.

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.

In its most recent report, the chain posted a 3.6 percent drop in comparable restaurant sales on a 16.6 percent decline in total revenue.

After four straight quarters of declining sales and horrific losses of market share to competitors, the restaurant chain's executives in Oak Brook, Ill. have gone on the offensive with a snazzy new message centered around «love.»

Sally Smith, president and CEO at Buffalo Wild Wings, acknowledged her restaurant chain was «dissatisfied to report a same - store sales decline and we're undertaking several sales - driving initiatives to regain momentum.»

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.

When she was named CEO in 2007, guest visits had been declining for years, restaurant sales and profit trends were negative, and the company stock price had dropped from $ 34 in 2002 to $ 13.

Earlier this week, the chain warned that same - restaurant sales would decline again for the fourth quarter of 2016 — the fifth consecutive decline.

The pizza restaurant in - name - only announced a plan this week to turn around its declining sales.

In October, McDonald's reported a stronger - than - expected increase in third quarter sales at established restaurants, ending six straight quarters of flat or declining results.

Last month, the burger giant posted a steeper than expected sales decline, with global sales at restaurants open for more than a year falling 1.8 % in January, the eighth straight month of falling sales.

Yum on Oct. 15 warned investors that its results from China would continue to be volatile and said the division's same - restaurant sales could be flat to up 4 % for the fourth quarter on gains at KFC and declines at Pizza Hut Casual Dining.

Much of 2016 for the restaurant sector has been categorized by declining sales and traffic.

Same - store restaurant sales at Dunkin Donuts and Baskin Robbins international stores both declined, and fell short of forecasts looking for modest sales increases.

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.

The sector has experienced eight consecutive months of declining sales — with only February showing positive sales growth — and traffic growth has trended down at an increasing rate since the beginning of 2015, according to TDn2K, which measures data based on weekly sales from nearly 26,000 restaurant units and 130 - plus brands representing $ 65 billion in annual revenue.

Creed declined to say when he expects all - important sales at established restaurants to turn positive.

It reported industry - leading same - restaurant sales growth of 11.3 percent in the latest quarter, compared with Taco Bell's 2 percent decline in the third quarter.

Industry watchers MillerPulse and Black Box Intelligence indicate that restaurant comparable sales posted another poor quarter, with chains averaging a 0.4 % decline for the period.

The Canadian brokerage firm, Canaccord, released a report this morning which stated that, «said the firm's checks indicate a material decline in sales and traffic trends in casual dining restaurants was seen in June LINK.

Same - restaurant sales grew 1.7 % versus the FactSet expectation for a 0.4 % decline.

The burrito chain, still trying to recover from a series of food safety problems in 2015 that decimated the once high - flying company's business, said on Tuesday that sales at established restaurants, fell 4.8 % in the fourth quarter, their fifth straight quarterly decline and slightly deeper than the 3.7 % drop analysts were expecting.

Like many food wholesalers, W&SS has seen a decline in sales during the recession because of slower business in the restaurant and hospitality sectors.

Sales of the UK's top 100 restaurant groups declined by 64 percent over the past year, according to a report from UHY Hacker Young, but execs from around the world will tackle those failures during the second annual Restaurant Franchising and Innovation Summit, 16 - 18 July in London.

The McDonald's corporation has lately fallen on hard times, enduring seven straight months of declining domestic sales, a food safety scandal involving its Chinese meat supplier, politically motivated restaurant closures in Russia, even a Consumer... [Continue reading]

A decrease in calories consumed at pizza restaurants may have been driven in part by a decrease in the number of consumers because a decline in pizza sales from 2003 to 2010 has been noted by industry sources, according to the study.

Those periodic special dividends are feasible because of the firm's immaculate balance sheet, which has almost no debt, relatively high cash levels (relative to the size of the company and its acquisitions), and a high current ratio (i.e. the company's short - term assets cover its short - term liabilities by more than three-fold, thus protecting it from unexpected negative financial strains, such as during recessions when demand from restaurants can lead to declining sales, earnings, and cash flow).