Sentences with phrase «restaurant sales on»

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.

Not exact matches

Previously, same - store sales growth represented the estimated percentage change in sales of all restaurants in the Company system that have been open for one year or more, and the base stores changed on a rolling basis from month to month.
On a conference call with analysts, Yum executives said KFC would have recorded a 3 percent growth in same - restaurant sales had it not been for supply chain issues in the United Kingdom.
The fast - food chain on Tuesday reported surprisingly strong first - quarter U.S. same - restaurant sales, boosted by customers» enduring interest in ordering Egg McMuffins throughout the day.
Franchise and unconsolidated affiliate restaurant sales are not included in Company sales on the Consolidated Statements of Income; however, the franchise fees are included in the Company's revenues.
Yum shares fell 5 percent in premarket trading on Wednesday after results showed sales at restaurants open at least a year rose 1 percent in the three months ended March 31, compared with the 2 percent expected by analysts, according to Thomson Reuters I / B / E / S.
On a conference call with analysts, Yum executives said KFC would have recorded a 3 percent growth in same - restaurant sales had it not been for a serious supply snafu in the United Kingdom, where it has 871 restaurants.
Whether it be a food supplier for a restaurant or an advertiser on your website, understanding the needs and viewpoints of all parts of your supply chain and sales funnel can be incredibly helpful.
«We all rely on trust in our daily lives - that when sales tax is added, it actually applies and equals the specified amount; that the meter in a taxi shows the correct amount provided by law and correctly measures the actual distance; that when you order takeout, the price you see online matches the amount you pay in the restaurant.
His business Food Farm has since sustained it's needs and hired on several employees to grow, profiting from sales at Detroit's Eastern Market, through the City Commons Agricultural program, and by selling to local restaurants and businesses.
The chain recently became the largest quick - service chicken restaurant chain based on annual system - wide sales, with the company reporting that it reached $ 5 billion in annual sales in 2013.
Overall, McDonald's brings in about $ 20,000 in sales per offering, per restaurant, on average.
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.
«Although the quick service restaurant category remains very competitive / promotional, the data reflects continued underlying brand improvement at McDonald's in addition to what we believe will be tangible 2018 same - store sales drivers,» analyst Andy Barish wrote on Friday.
KFC especially relies on international sales, with more than 4,600 restaurants in China making up about a third of total global KFC locations.
April 30 - McDonald's Corp reported a better - than - expected rise in quarterly sales at its restaurants on Monday, helped by strong international sales, especially in the UK and Germany, sending its shares up 3.6 percent.
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.
Concurrently, they would make sales calls on local gay bars and restaurants, just as they had in Atlanta.
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.»
Starbucks bulls see a growth story almost unparalleled in the restaurant world, a chain that delivers unusually high same - store sales growth year after year and remains on track to keep growing worldwide.
These forward - looking statements include statements about our expectations regarding our high conviction that our «Winning Together» plan unveiled this morning will improve guest experience and drive sales and profitability for our Tim Hortons restaurant owners; our expectations regarding the growth potential for each of our three brands; and our expectations and belief that through our focus on enhancing guest satisfaction and franchisee profitability, we will create value for all of our stakeholders for many years to come.
McDonald's (MCD) on Monday reported a steeper - than - expected drop in January sales at established restaurants and pinned a big portion of the blame on the after - effects of food safety scandals in China and Japan.
But when a plot of land on that road finally went up for sale, Kennedy, the founder of Noodles & Company — a $ 120 million national restaurant chain headquartered nearby — discovered it was too close to the street for his liking.
Net losses (gains) on disposal of assets, restaurant closures, and refranchisings represent sales of properties and other costs related to restaurant closures and refranchisings.
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.
The manual accounting procedures on which he had previously relied allowed only monthly reporting of transactions at the resort's airstrip, restaurant, and 22 other sales centers.
Along with virtually every major retail and restaurant chain, Starbucks relies on software that choreographs workers in precise, intricate ballets, using sales patterns and other data to determine which of its 130,000 baristas are needed in its thousands of locations and exactly when.
AlixPartners» forecast, due to be published on Wednesday, is the first estimate to be released among industry and consultancy groups and excludes sales from automotives, restaurants and gasoline.
(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.
This robust sales growth was driven by annual blended same - restaurant sales growth of 4.6 %, building on an already competitively superior average unit volumes of $ 6.4 million for the group.
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.
Starting with the top line, North American system same - restaurant sales increased 0.4 % or 2.6 % on a two - year basis.
And I would say at Red Lobster, we think Red Lobster will have growth in same - restaurant sales in fiscal 2013 on top of the strong growth that they had in fiscal 2012.
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 company shared on Thursday that it's targeting U.S. same restaurant sales growth of 2 % to 4 % over the next five years.
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.
Quick - service restaurants were the top performer based on same - store sales in the third quarter with a growth of 2.2 percent, and have posted the highest total sales growth during the first half of this year, at a rate of 4.7 percent.
On a brand - by - brand basis, Olive Garden's annual same - restaurant sales fell 1.2 %.
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.
North America system same - restaurant sales increased 0.4 %, 2.6 % on a two - year basis.
On a blended same - restaurant sales basis, results for Olive Garden, Red Lobster and LongHorn Steakhouse were down 1.9 % in the fourth quarter, which includes the adverse effect of an earlier Lenten season and Easter that impacted blended same - restaurant sales by 40 basis points.
In fiscal 2013, our outlook is based on combined same - restaurant sales growth for Red Lobster, Olive Garden and LongHorn Steakhouse of between plus 1 % and plus 2 %.
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.
And so in 2012, we are in an industry that grew at about 1.2 % on a same - restaurant sales basis.
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.
On same - restaurant sales, we now expect 1 % to 2 % growth for the North America system.
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.
Well, starting with the Olive Garden question, I guess I would ground our response in saying we believe the fundamentals in the business are still very strong so whether that's average unit volume or restaurant level returns, the way new units are performing, it's obviously the opportunity that we're focused on is more consistent same - restaurant sales growth.
We plan to release fiscal 2013 first quarter earnings and same - restaurant sales results for fiscal June, July and August 2012 on Friday, September 21, 2012, before the market opens with a conference call shortly after.
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