Sentences with phrase «same restaurant sales»

The company shared on Thursday that it's targeting U.S. same restaurant sales growth of 2 % to 4 % over the next five years.

Not exact matches

Same - restaurant sales at IHOP increased 4.5 % in 2015.
Globally, same - restaurant sales rose 4 % in the quarter.
The fried chicken outlet's U.S. same - restaurant sales were unchanged.
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.
During the quarter, while Pizza Hut had some challenges with same - store sales growth and restaurant margin, we remain committed to our revitalization plan and key focus areas to drive sales growth.
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.
Same - restaurant sales at KFC rose 2 percent in the first quarter of 2018, the slowest growth rate in four quarters.
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.
Same - restaurant sales at KFC rose 2 percent in the first quarter of 2018, missing analysts» target with the slowest growth rate in four quarters.
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.
Our same - store sales growth is generally attributable to several key factors, including: new product introductions; improvements in restaurant speed of service and other operational efficiencies; hospitality initiatives; frequency of guest visits; expansion into, and enhancement of, broader menu offerings; promotional activities and pricing.
Still, there were signs both chains were putting their problems behind them: Dine Brands said that Applebee's U.S. same - restaurant sales rose 1.3 % in the fourth quarter, while dipping 0.4 % at IHOP.
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.
«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.
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.
While the wings deal boosted same - store sales, using traditional wings cut into restaurants» margins.
«Our teams» top priorities are to increase guest counts and grow same - restaurant sales
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.
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.»
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.
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.
Earlier this week, the chain warned that same - restaurant sales would decline again for the fourth quarter of 2016 — the fifth consecutive decline.
There's lots of room to grow, but more of the growth will come from same - store restaurant sales.
While you are eating lunch with a customer one day, you notice your VP of sales walking into the same restaurant with your lead VC.
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.
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.
In Europe, same - restaurant sales were up 0.5 percent after demand in the United Kingdom and Germany slightly offset weakness in France and Russia.
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.
For full year 2018, management forecasts 130 - 150 new restaurant openings and same store sales growth in the low - single digits.
At home, the company's annual same - store sales growth in Canada — a measure of the performance of restaurants open for more than a year — have slipped from a high of six per cent in the mid-2000s to little more than one per cent last 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.
With our same - restaurant sales assumptions, new unit — our new restaurant unit growth plans and cost expectations, we anticipate that reported diluted net earnings per share growth from continuing operations for fiscal 2013 will be between 8 % and 12 % compared to our reported diluted net earnings per share from continuing operations of $ 3.58 in fiscal 2012.
As Brad mentioned, our 3 large brands had a combined same - restaurant sales decline of 1.9 % during the fourth quarter.
Higher sales at reimaged restaurants contributed approximately 60 basis points to our North America system same - restaurant sales results in quarter two.
LongHorn Steakhouse same - restaurant sales increased 5.3 %, and its average unit volumes were $ 3.0 million.
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.
RCI Hospitality Holdings, Inc. announced total and same - store sales for its Nightclubs and Bombshells restaurant segments for the second fiscal quarter ended March 31, 2018.
This growth was a result of the strong performance at our 23 net new restaurants across the group, which includes the 11 Eddie V's restaurants we acquired last November and blended same - restaurant sales growth of 2.7 %.
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.
Starting with the top line, North American system same - restaurant sales increased 0.4 % or 2.6 % on a two - year basis.
Although adjusting for the impact of an earlier Lenten season and Easter, same - restaurant sales fell 2.6 % during the quarter.
In our Specialty Restaurant Group, same - restaurant sales growth at each brand was strong in fiscal 2013 — 2012 rather, and that speaks to really the good competitive position that each of those brands have, and it also speaks to the fact that each has a guest base that's just better insulated from the macroeconomic sluggishness that we've seen.
And same - restaurant sales increased 3 % during the quarter.
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.
In particular, same - restaurant sales have now exceeded our estimate of industry performance for 14 consecutive quarters, and new units continue to significantly exceed their value - creation hurdle.
And Seasons 52 same - restaurant sales increased 3.8 %, and average unit volumes were $ 6.4 million.
Same - restaurant sales declined 3.9 %.
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