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 %.