At Denny's, which had same -
restaurant sales increase by 1 percent in its latest quarter and opened 13 new restaurants while closing five, the executive team has placed a focus on value to push the brand forward.
This increase was driven by 100 net new restaurants, including the purchase of 11 Eddie V's Restaurants, the blended same -
restaurant sales increase of 1.8 % at our larger brands and a blended same -
restaurant sales increase of 4.6 % at the Specialty Restaurant Group.
Red Lobster had a 4.6 % same -
restaurant sales increase for the year, and its average unit volumes were $ 3.8 million, which is also high within the category.
However, total revenue and company - owned
restaurant sales increased by 8.5 percent and 9 percent, respectively, year over year.
For the fourth quarter, same -
restaurant sales increased 2.8 % at Capital Grille, 2.8 % at Bahama Breeze and 1.9 % at Seasons 52.
LongHorn Steakhouse same -
restaurant sales increased 5.3 %, and its average unit volumes were $ 3.0 million.
Starting with the top line, North American system same -
restaurant sales increased 0.4 % or 2.6 % on a two - year basis.
And same -
restaurant sales increased 3 % during the quarter.
And Seasons 52 same -
restaurant sales increased 3.8 %, and average unit volumes were $ 6.4 million.
The Capital Grille same -
restaurant sales increased 5.3 % and its average unit volumes were $ 6.8 million, well ahead of its nearest multi-unit competitor.
Nevertheless, Wingstop is well on its way to achieving its 12th consecutive year of domestic same -
restaurant sales increases, no small feat in the ultra-competitive fast food business.
Olive Garden's same -
restaurant sales increased 3.1 percent throughout 2016, and The Cheesecake Factory has experienced 27 consecutive quarters of positive comparable sales.
Wingstop's second quarter domestic same -
restaurant sales increased 9 %, while adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) rose 18.5 %.
North America system same -
restaurant sales increased 0.4 %, 2.6 % on a two - year basis.
Bahama Breeze same -
restaurant sales increased 3.4 %, and average unit volumes were $ 5.6 million.
In January, comparable
restaurant sales increased 0.6 % despite the approximately 0.7 % negative impact related to a fiscal calendar shift of New Year's Day.
Not exact matches
Same -
restaurant sales at IHOP
increased 4.5 % in 2015.
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.
Only 30 % of
restaurant operators reported same - store
sales increases in the last year, and just one in three expect
sales to grow in the next six months.
He also recently partnered with a company to launch a POS system to help people working in
restaurants and bars
increase sales and streamline logistics.
«Our teams» top priorities are to
increase guest counts and grow same -
restaurant sales.»
That's good news for family
restaurants like Pizza Ranch, which saw its
sales volume
increase more than 19 % in 2011; average unit growth was close to 14 %.
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 nation's largest chain of drive - in
restaurants saw system - wide same - stores
sales rise 2.2 percent during the first quarter, powered by a 2.3 percent
increase at franchise drive - ins, the corporation reported Monday.
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.
The chain reported a 1.7 percent
increase in comparable
restaurant sales, beating estimates of a 0.8 percent
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.
Also wine
sales at food service channels like
restaurants increased 4.2 % from 2011 to 2012 to reach $ 19.2 billion in
sales.
Higher prices,
increased traffic and new
restaurant openings all helped lift
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.
The National Retail Federation announced today it expects
sales in November and December (excluding autos, gas and
restaurant sales) to
increase a solid 3.7 percent to $ 630.5 billion — significantly higher than the 10 - year average of 2.5 percent.
The United States, McDonald's No. 1 market for profit, reported a surprise 0.9 percent
increase in
sales at
restaurants open at least 13 months.
Increased competition from fast casual
restaurants like Chipotle (CMG) and Panera (PNRA) that appealed to health - conscious diners compressed MCD's margins and sent its
sales slumping.
(A
restaurant might send an email to customers on their birthday offering 50 % off an entree,) Email marketing helps a business develop and maintain a relationship with a customer over time that hopefully results in
increased sales and
increased customer loyalty.
These risks and uncertainties include food safety and food - borne illness concerns; litigation; unfavorable publicity; federal, state and local regulation of our business including health care reform, labor and insurance costs; technology failures; failure to execute a business continuity plan following a disaster; health concerns including virus outbreaks; the intensely competitive nature of the
restaurant industry; factors impacting our ability to drive
sales growth; the impact of indebtedness we incurred in the RARE acquisition; our plans to expand our newer brands like Bahama Breeze and Seasons 52; our ability to successfully integrate Eddie V's
restaurant operations; a lack of suitable new
restaurant locations; higher - than - anticipated costs to open, close or remodel
restaurants;
increased advertising and marketing costs; a failure to develop and recruit effective leaders; the price and availability of key food products and utilities; shortages or interruptions in the delivery of food and other products; volatility in the market value of derivatives; general macroeconomic factors, including unemployment and interest rates; disruptions in the financial markets; risk of doing business with franchisees and vendors in foreign markets; failure to protect our service marks or other intellectual property; a possible impairment in the carrying value of our goodwill or other intangible assets; a failure of our internal controls over financial reporting or changes in accounting standards; and other factors and uncertainties discussed from time to time in reports filed by Darden with the Securities and Exchange Commission.
Given our same -
restaurant assumptions and new
restaurant plans, we anticipate that the total
sales increase for the year will range from plus 6 % to plus 7 %.
The company said it expects third quarter U.S. same -
restaurant sales to
increase 1.1 %, cooling from a 2.9 % gain in the second quarter.
Same - store
restaurant sales at Dunkin Donuts and Baskin Robbins international stores both declined, and fell short of forecasts looking for modest
sales increases.
Fourth quarter same — fourth quarter
restaurant labor expenses were 50 basis points lower than last year on a percentage of
sales basis due to
increased productivity and lower
restaurant manager incentive compensation expense.
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.
Sales at retailers and
restaurants jumped 0.6 % from a month earlier, the biggest
increase since December, the Commerce Department said Tuesday.
The problem is those
increases occurred only because it added
restaurants — same - store
sales dropped by 1.6 %.
If that wasn't enough, Darden also
increased its expectations for the full fiscal year 2018, calling for same -
restaurant sales growth of 2 %, new
restaurant openings of 40, and total
sales growth of 13 % — all near the high end of previous guidance.
More specifically, for the second quarter of its fiscal 2018, Darden's revenue a climbed 14.6 % year over year to $ 1.88 billion — comfortably above the $ 1.85 billion investors were anticipating — including 11.5 % growth related to its acquisition of Cheddar's Scratch Kitchen earlier this year, and a 3.1 %
increase in blended same -
restaurant sales from Darden's legacy brands.
Gamification — understanding the
sales cycle at MyCheck, and the focus in the mobile payment industry on features, we created an innovative «Feature Cart» for the site which dynamically
increased site engagement and allowed targeted buyer personas to create an app that fit their
restaurant's needs.
This strategy has helped the company achieve «significant growth» in the Japanese market with
increased clam and lobster
sales for consumers, Kaiten sushi preparers /
restaurants, and foodservice catering sectors.
Chipotle Mexican Grill said on April 25 that first - quarter
sales at established
restaurants increased by 18 percent on a «period - over-period» basis when Chipotle was grappling with customers getting sick from its food.
Receipts at
restaurants and bars
increased 0.8 %, while
sales at sporting goods and hobby stores fell 1.0 %.
McDonald's, which has roughly 14,000
restaurants across the country, posted a healthy 4.1 percent
increase in comparable
sales in the third quarter.
Now it expects those
sales at longstanding
restaurants to rise 6.5 percent this year, buoyed by price
increases it will implement in the fourth quarter and September's national introduction of queso.