Sentences with phrase «total restaurant sales»

Restaurants are also playing a major role in this transformation and for the first time in history, total restaurant sales have overtaken grocery store sales.

Such refranchising reduces corporate revenue because the company records only the fees the franchisee pays rather than the total restaurant sales.

Not exact matches

Total sales for fast - casual restaurants grew by 10.5 % last year in the United States, compared with 6.1 % for traditional fast food, according to Mintel, a market research firm.

The chain plans to spin off its 6,900 restaurants in China, which account for about half of the company's total sales, by the end of 2016.

Last year's surprising acquisition of Country Style Food Services Holdings, Ontario's second - largest coffee chain, boosted MTY's store count by nearly 50 %, and the most recent addition — Quebec hot - dogs - and - fries specialist Groupe Valentine, a deal that closed earlier this month — has brought the total to more than 1,700 restaurants that ring in about US$ 400 million in annual sales.

KFC especially relies on international sales, with more than 4,600 restaurants in China making up about a third of total global KFC locations.

Total sales for 2015 edged upward by 3 %, to more than $ 700 billion, and market research firm NPD Group forecasts that Americans will make 61.8 billion visits to restaurants and food - service outlets in 2016 — which would be the highest figure since before the Great Recession.

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.

However, total revenue and company - owned restaurant sales increased by 8.5 percent and 9 percent, respectively, year over year.

Around 12 % of total sales at casual dining restaurants come from adult beverages, says Bryan Elliott, a Raymond James restaurant analyst.

If your business only sells goods, such a retail shop or restaurant, your total revenue is all the sales you had during the period you've chosen to analyze minus any returns or discounts.

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.

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 %.

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.

Olive Garden opened 16 new restaurants and delivered total sales growth of nearly 3 %, high single - digit operating profit growth and solid margin expansion during the fourth quarter.

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.

The Cheesecake Factory (NAS: CAKE) 14 - SEP - 2017 (EV $ 1.82 B; Mkt Cap $ 1.88 B; 49.0 MM shares outstanding; $ 40.29 / share) STATUS At end of 2016, CAKE had a total of 208 company - owned restaurants (all U.S. based): 194 Cheesecake Factory restaurants 13 Grand Lux 1 Rock Sugar Pan Asian NOTE: Each restaurant has sales of ~ $ 10.5 annually.

The Common Sense Nutrition Disclosure Act would redefine «restaurant or similar retail food establishment» to include only those that «derive more than 50 percent of their total revenue from the sale» of restaurant - type food, thereby removing most grocery and convenience stores from the rule's coverage.

As part of the popular Maryland - based chain's Funds for Friends program, individual restaurants team up with local organizations or local branches of national organizations, select a specific benefit date and donate 10 percent of that day's total sales to the organization in exchange for the organization having encouraged members, friends company profile and family to patronize the location on that date.

Located in the outskirts of New Orleans, Magic Seasoning Blends is also well known for its extensive line of distinctive seasoning products packaged for restaurants, institutional foodservice, food processors and co-packing operations, which combined represent 65 percent of the company's total sales volume.

Excluded from revenue figures are total sales at franchised restaurants, revenues generated by manufacturing or wholesaling of food or other products, foodservice distribution revenues, and other revenues from nonfoodservice sources.

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Due to significant sales excluded from the SPINS data, such as The Body Shop, Whole Foods Market and restaurants, as well as the fact that many unreported leading mass - market brands of suntan lotion and sunscreen products include hemp oil, the HIA estimates the total retail value of hemp food, supplement and body care sales in the U.S. to be in the range of $ 130 - 152 million for 2011.

• Hands - on experience in making customers feel welcome by greeting them enthusiastically as they approach the order counter • Highly skilled in providing customers with information on menu items and the day's specials • Deeply familiar with handling upselling duties, aimed to generating revenue and increasing sales • Proficient in punching orders into the restaurant database and providing customers with information on totals • Adept at processing cash and credit and debit card payments, with special focus on accuracy of transaction • First - hand experience in preparing and packing food items according to the restaurant's policies and sanitation procedures • Deeply familiar with adhering to the company's food holding times and temperatures to ensure that food is served fresh • Proficient in clearly and concisely communicating product knowledge and information to customers • Effectively able to enhance customers» experience through engagement and sampling activities • Deep insight into performing cooking work such as inserting, rotating and removing baking trays and monitoring ovens for correct baking times • Competent in efficiently bagging delivery and take away orders by paying special attention to accuracy of orders and correct delivery timelines

Key Highlights: • Instrumental in, total of 200 Blimpie restaurants showing average of 6 % increase in sales vs. prior year and average of $ 1.75 in guest check increase via various suggestions and discuss proposed marketing plans to acquire association vote / approval.

Recent estimates suggest that convenience stores will achieve total sales of about $ 73 billion in 2018 — on the lower end of the spectrum for this sub-sector — and total sales growth of just 5.5 percent, according to the «Retail, Apparel and Restaurants — U.S., 2018 Outlook,» from Moody's Investors Service.

The number of net - lease restaurants marketed for sale as of mid-May totaled 2,136 properties valued at $ 4 billion.

«For most of the companies total sales are up, but comp sales are negative,» says R. J. Hottovy, a senior restaurant analyst for Chicago - based research firm Morningstar.

In its fiscal first quarter 2017 results posted earlier this month, Darden Restaurants, which operates brands including Olive Garden, The Capital Grille, Yard House and others, reported total sales of $ 1.7 billion, an increase of 1.6 percent.

When companies such as Darden Restaurants and Restaurant Brands International report quarterly earnings results, improvements in total sales and revenues can project the image of health.

Outlook The National Restaurant Association forecasts $ 336.4 billion in total restaurant industry sales for 1998 (including commercial and institutional sales).