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On The Border Launches Major Menu Enhancements with New Bold Offerings

On The Border Mexican Grill & Cantina, the world’s largest Mexican casual dining brand, has introduced more than 20 new menu items this past year, including the following that launch today:

- Honey-Chipotle Shrimp Tacos – Crispy-fried shrimp, hand-tossed in honey-chipotle sauce with cilantro, spicy avocado ranch and shredded cabbage.
- Tacos Al Pastor – Braised and seasoned carnitas with pineapple salsa.
- Tacos Al Carbon – Corn tortillas with fajita chicken or steak, served with Jack cheese, pico de gallo, fresh guacamole and roasted red chile-tomatillo salsa.
- Smokehouse Fajitas...

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Oct 5 8:07 AM, General News



Offer Returns to Applebee’s with a Dozen Double Crunch Shrimp for Only $1 with any Steak Entrée

Get a bite of this, Applebee’s fans! Now and through the rest of the month, guests can add some crunch to their meals by adding an order of one dozen Double Crunch Shrimp to any steak entrée for just $1. This delicious deal is available however guests choose to dine – whether its Applebee’s To Go, Delivery or your local neighborhood restaurant, the options are endless!*

Applebee’s Double Crunch Shrimp is battered, fried golden brown and served with cocktail sauce. Order any... 

 

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Oct 5 8:01 AM, General News


CHKN Not Chicken Announces Series A Funding to Accelerate Retail and Food Service Distribution

CHKN Not Chicken, the plant-based chicken alternative announced today the closing of a Series A round of funding led by Stray Dog Capital. The company will leverage the financing to launch its product assortment into retailers across the U.S. and expand partnerships with Quick Serve and Casual Dining restaurants to bring plant-based chicken products to the food service channel. This launch is the culmination of two years of research and development of its proprietary extrusion, flavor-infusion, and enrobing technology that allows...

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Sep 9 8:36 AM, General News


Wingstop Adds Thighs to Its Menu

Wingstop, the leading technology-focused restaurant brand with more than 1,600 locations worldwide, gained virality this summer with the announcement of its virtual brand, Thighstop. Starting today, thighs are officially joining the Wingstop menu, which means flavor fans can now enjoy delicious, crispy bone-in thighs and boneless Thigh Bites alongside Wingstop's famous wings, tenders, sides and dips.

"When launching Thighstop as a virtual brand, we knew our fans would be excited to try thighs," said Wingstop's Chief Growth Officer Marisa Carona. "The response was overwhelming, and...

 

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Sep 9 8:28 AM, General News


IHOP Bolsters Executive Leadership Team With Two New Hires

IHOP® restaurants announced new additions to its executive team, hiring Jacob Barden as Vice President of Development, and Michael Kaufman as Vice President of Strategy and Business Analytics, effective August 2021. Both Barden and Kaufman will report directly to Jay Johns, President.

“Both Jacob and Michael have proven track records of success and a wealth of category knowledge, and we’re thrilled to welcome them both to the team,” said Johns. “With new innovative endeavors, a strong development strategy and the expansion of our menu beyond breakfast, we are bringing..."

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Sep 1 8:56 AM, General News


Dine Brands Global Appoints Martha C. Poulter as Member of Board of Directors

The Board of Directors of Dine Brands Global, Inc. announced the appointment of Martha C. Poulter as a new independent member of its Board of Directors.

Poulter, 54, serves as Senior Vice President and Chief Information Officer, Royal Caribbean Group, a role she has held since 2018.

Prior to Royal Caribbean Group, Poulter served as Executive Vice President and Chief Information Officer at Starwood Hotels and Resorts Worldwide, Inc., where she was the lead architect of...

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Aug 27 8:39 AM, General News


Red Robin Gourmet Burgers, Inc. Reports Results for the Fiscal Second Quarter Ended July 11, 2021

Red Robin Gourmet Burgers, Inc. reported financial results for the quarter ended July 11, 2021.

Key Highlights

- Restaurant revenue of $272.2 million and Restaurant Level Operating Profit as a percentage of restaurant revenue (a non-GAAP metric) of 15.7%;
- Second quarter 2021 comparable restaurant revenue increased 66.3% over the same period in 2020, and decreased 2.4% compared to the same period in 2019;
- Average weekly sales per fiscal period grew by a total of $2,503 during the second quarter of 2021;
- Off-premises sales comprised 32.8%, 63.8% and...

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Aug 19 10:28 AM, General News


Wingstop Announces New Growth and Technology Structure, Appoints Digital Marketing Lead

Wingstop, the leading digitally-savvy, tech-focused restaurant brand with more than 1,600 locations worldwide, today announced Stacy Peterson will now serve as EVP, Chief Digital and Technology Officer and the promotion of Marisa Carona to SVP, Chief Growth Officer and Stevie Benjamin to SVP of Digital Marketing.

These changes support the significant investments Wingstop is making to drive one-to-one interactions with the more than 25 million guests in its first-party data platform and, with nearly 65% digital sales, support the brand's drive to achieve its...

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Aug 18 8:35 AM, General News


Hard Rock International Appoints Kimberly Manna as New Senior Vice President of Retail and Licensing

Hard Rock, one of the world's most recognizable and iconic brands, announces the appointment of Kimberly Manna as Senior Vice President of Retail and Licensing. In her new role, Manna will draw on more than three decades of experience in the retail industry, including work with companies such as Panama Jack, Sony Pictures Entertainment and Warner Brothers, to drive brand exposure and customer reach through engaging partnerships and various licensing opportunities. Manna will report directly to Jim Allen, Chairman of Hard Rock International...

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Aug 12 8:32 AM, General News


Cracker Barrel Old Country Store Launches New Bacon Menu Items

Cracker Barrel Old Country Store announced that its menu innovation will continue this fall with new additions and limited-time seasonal beverages. Bacon is a breakfast, lunch and dinner staple and will serve as the centerpiece of two new dishes – Bacon Mac n' Cheese and Bacon n' Egg Hashbrown Casserole.

"Care is at the heart of all we do to make the guest experience unique at Cracker Barrel, and part of that is continuing to innovate and offer new menu additions like the flavorful...

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Aug 11 8:27 AM, General News


OpenTable Launches New Safety Tools for Diners and Restaurants

In this next chapter of the pandemic, restaurants and diners are facing new hurdles as they look to navigate changing restrictions, masking and vaccination requirements and more. While in NYC the rules are clear - as of August 16 you must show proof of vaccination to dine indoors - in other cities the rules vary. To help, OpenTable, the world's leading provider of online restaurant reservations and part of Booking Holdings Inc., rolled out updated safety precautions, which now include details on COVID-19 vaccine requirements, and Direct Messaging to streamline communication between restaurants and diners.

"Dining demand in the U.S. is down 13% compared to just one month earlier with cities like Minneapolis, Seattle and New York showing significant declines. Just as restaurants were starting to rebound from...

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Aug 10 8:26 AM, General News


Dine Brands Global Reports Second Quarter 2021 Results

Dine Brands Global, the parent company of Applebee's Neighborhood Grill + Bar and IHOP restaurants, announced financial results for the second quarter of 2021.

“Our strong second-quarter results reflect the perseverance of the Dine Brands system as comp sales for both brands improved significantly. I’m thankful to our teams who have worked so hard to serve our guests and enhance the restaurant experience,” said John Peyton, chief executive officer of Dine Brands Global, Inc.

Mr. Peyton added, “Both Applebee’s and IHOP continue to make meaningful progress in a challenging environment. Relative to 2019, Applebee’s posted its best quarterly comp sales performance in over...

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Aug 6 8:19 AM, General News


Red Robin Announces Limited Time Offerings for Summer 

Red Robin Gourmet Burgers and Brews is spicing things up this summer by inviting guests to gather around the table with its new Summer Heat Wave menu items. Available for a limited time only, this delectable lineup is a perfect blend of heat and flavor.

Guests cherish their moments of connection at Red Robin, especially in the hot months of summer. They can opt for a sizzling Scorpion Gourmet Burger with bottomless fries; share Red Robin's Scorpion Wings with flavor-seeking friends and family; complement their meal with...

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Aug 4 8:32 AM, General News


Bloomin' Brands Announces 2021 Q2 Financial Results and Strong Operating Margin Expansion

Bloomin’ Brands, Inc. reported results for the second quarter 2021 (“Q2 2021”) compared to the second quarter 2020 (“Q2 2020”).

CEO Comments

“Q2 represented another quarter of strong results. We are well positioned to grow sales and capture additional market share,” said David Deno, Chief Executive Officer. “We are making great progress improving margins, increasing cash flow and retaining off-premises sales as dining rooms have reopened. Our sales momentum has...

 

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Aug 2 8:23 AM, General News


Wingstop Reports Fiscal Second Quarter Financial Results

Wingstop announced financial results for the fiscal second quarter ended June 26, 2021.

Highlights for the fiscal second quarter 2021 compared to the fiscal second quarter 2020:

  • System-wide sales increased 15.8% to $589.7 million
  • 45 net new openings in the fiscal second quarter 2021, an increase of 13.1%
  • Domestic same-store sales increased 2.1%
  • Domestic restaurant AUV increased to approximately $1.6 million, compared to $1.4 million in the prior fiscal second quarter
  • Digital sales increased to 64.5% of sales, compared to 63.7% in the prior fiscal second quarter
  • Total revenue increased 11.9% to...
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Jul 28 10:37 AM, General News


Thighstop's Take on National Chicken Wing Day: 'Save a Wing, Eat a Thigh'

This National Chicken Wing Day on July 29 comes amidst a national chicken wing crisis. Restaurant brands are widely bowing out this year, and consumers are left wondering where they will get their fix. But Thighstop, Wingstop's new virtual food brand, is giving the famous holiday new flavor by repositioning it as "Thighstop Thigh Day."

On one of the more popular food holidays among fans and foodies alike, Thighstop is determined to keep the celebration going by offering two free bone-in thighs with qualifying purchases on July 29. Available through Thighstop.com or DoorDash, the two free bone-in thighs are...

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Jul 23 8:24 AM, General News


Ruby Tuesday Introduces Libby’s BBQ for Summer

Ruby Tuesday has announced the addition of Libby’s BBQ with a new feature menu this summer. Originally crafted in the Ruby Tuesday kitchen as a delivery-only concept, Libby’s BBQ offers smoky, tender, saucy BBQ entrees and is now available to order at all Ruby Tuesday locations for dine-in, Ruby TueGO and delivery for a limited time only.

Now through September, Ruby Tuesday guests can try Libby’s BBQ entrees starting at $9.99. The all-new Libby’s BBQ menu includes tender, smoked beef brisket and...

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Jul 15 9:45 AM, General News


P.F. Chang's Expands To Go Concept to Meet Consumer Demand for Takeout

P.F. Chang’s is expanding its P.F. Chang’s To Go concept with two new locations in key markets as the global restaurant chain continues to meet demand for easily accessible Asian cuisine, adapting to the evolution of dining across the country.

The concept, which launched in 2020, features a smaller footprint, creating access to elevated Asian cuisine in high-density metropolitan communities, allowing more guests to experience the P.F. Chang’s Asian favorites they know and love. P.F. Chang’s To Go is a convenient format that provides a solution for...

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Jun 29 8:18 AM, General News


Lightlife and Field Roast Team Up with Boston Pizza to Offer Plant-based Options 

Greenleaf Foods, SPC, owner of leading plant-based brands Lightlife® and Field Roast™, and Boston Pizza, a casual dining restaurant in Canada, together are kicking off the outdoor dining season with two new menu items made with plant-based protein. Available now through Labor Day, the restaurant will offer a Lightlife Plant-Based Burger and a pizza featuring Field Roast Plant-Based Italian Sausage Crumbles.

We believe people should have great-tasting plant-based options whether they’re cooking at home or eating out,” said Dan Curtin, President of Greenleaf Foods. “Boston Pizza is celebrated for...

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Jun 23 8:26 AM, General News


Bloomin’ Brands Promotes Mark Graff to Executive Leadership Team

Bloomin’ Brands, Inc. announced the promotion of Mark Graff to Senior Vice President of Business Development and Financial Planning for Bloomin’ Brands. Graff will lead the company’s business development team, including asset and franchise development, in addition to his existing financial planning responsibilities. He will also join the Executive Leadership Team.

Graff has held various finance and investor relations roles with Bloomin’ Brands during...

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Jun 22 10:04 AM, General News


Ruby Tuesday Appoints George Evans and Kathy Buckley to Executive Team

Ruby Tuesday is welcoming two new members to the executive team with the promotion of George Evans to chief operating officer and the appointment of Kathy Buckley as chief financial officer. With a combined 55 years of retail and restaurant experience, Evans and Buckley will serve as instrumental leaders on the Ruby Tuesday team.

“We are pleased to announce the addition of George and Kathy to the Ruby Tuesday team,” said Shawn Lederman, chief executive officer for Ruby Tuesday. “They both have tremendous experience in the restaurant industry and will be...

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Jun 22 8:24 AM, General News


Wingstop Launches Virtual Kitchen Thighstop

Thighstop, the new thigh concept with more than 1,400 locations nationwide, is addressing consumer's fear of a chicken wing shortage head-on by hacking chicken wing brand Wingstop and giving thighs the attention they deserve. Beginning today, fans nationwide can enjoy tasty new options available on Thighstop.com and through the brand's exclusive delivery partner DoorDash.

With a focused menu designed to keep taste buds craving more, Thighstop encourages guests to try thighs, which are one of the juiciest and most flavorful parts of the chicken. Chicken fans can now enjoy delicious, crispy thighs, served naked and sauced and tossed in 11 bold, distinctive and craveable flavors – the same 11 flavors that catapulted Wingstop to flavor fame. In addition to bone-in thighs...

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Jun 22 8:23 AM, General News


Red Robin Market Expansion Plan will Feature Donatos Pizza in More than 200 Restaurants by Year-End

Red Robin Gourmet Burgers and Brews continues its focus on off-premise growth announcing the expansion of its Donatos® Pizza partnership into key territories for the brand. The Ohio-based Donatos Pizza partnered with Red Robin in June 2018, offering its famous pizzas as part of Red Robin's already robust menu offerings. After much success in early launch markets, the two chains have grand plans for adding more locations this year as part of an aggressive market expansion plan.

Red Robin plans to add Donatos pizza to approximately 120 additional restaurants by the end of 2021, resulting in more than 200 locations. In Q2 of 2021, 41 Red Robin locations rolled out Donatos, including...

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Jun 21 11:49 AM, General News


Inspire Brands Names Kate Jaspon Chief Financial Officer

Inspire Brands announced changes within the Chief Financial Officer role. Kate Jaspon has been named Chief Financial Officer of Inspire following the announced retirement of David Pipes. Jaspon was previously CFO of recently acquired Dunkin’ Brands where she spent more than 15 years in Finance and Treasury roles.

Jaspon will transition into her new role this month and will oversee all accounting and reporting, tax, financial planning and analysis, internal audit, as well as manage Inspire’s relationships with lending institutions, investors, and the financial community.

“Working with Kate while Dunkin’ and Baskin-Robbins were joining the Inspire family, it became clear that she was...

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Jun 17 10:19 AM, General News


Denny's Introduces New Menu Items for Summer 

As Americans begin to return to dining rooms, Denny's has a new set of options for those looking for a taste of summer, including the introduction of a monthly Spotlight Stack, a highlighted pancake dish from Denny's collection of fresh buttermilk pancake stacks.

First up on the menu just in time for Flag Day and July Fourth: The Red, White and Blue Pancake Breakfast kicks off summer with festive colors and flavors for dine in, delivery or take out. The new creation features a stack of pancakes crafted with fresh buttermilk and blueberries and topped with freshly sliced strawberries, a drizzle of cream cheese icing and a dollop of sweet, whipped cream, served up with...

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Jun 15 8:25 AM, General News


Chili's Introduces New Chicken Sandwich

For a limited time only, the Chili's Chicken Sandwich is here. Starting today, My Chili's Rewards members across the nation can try the new chicken sandwich on its exclusive 3 for $10 menu through June 30.

The sandwich is a buttered and toasted brioche bun, drizzled with Chili's new Secret Sauce, topped with a tomato slice, a piece of hand-battered and hand-breaded fried chicken breast drizzled with more Secret Sauce, topped with lettuce and the other half of the buttered and toasted brioche bun. Also...

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Jun 2 8:21 AM, General News


Red Robin Gourmet Burgers Reports Results for the Fiscal First Quarter 

Red Robin Gourmet Burgers reported financial results for the quarter ended April 18, 2021.

Key Highlights

  • As of the end of our fiscal fifth period, all Company-owned restaurants have re-opened indoor dining rooms with varying levels of capacity;
  • Restaurant revenue of $318.7 million and Restaurant Level Operating Profit (a non-GAAP metric) of 15.7%, an increase of 690 basis points over the same period...
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May 26 9:54 AM, General News


Wingstop Announces Minority Investment in Wingstop UK Franchisee 

Wingstop announced a minority investment in the UK business, which is operated by its UK franchisee, Lemon Pepper Holdings Ltd. This investment follows strong performance in the UK and underscores the brand's confidence in the market as a key growth lever for global expansion.

"We are thrilled to partner with the Lemon Pepper team as they grow their brand presence in the UK, a market with tremendous long-term potential," said Wingstop CFO Michael Skipworth. "We believe this strategic use of our capital will strengthen the development pipeline in that market and I am excited to...

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May 26 8:27 AM, General News


Cracker Barrel Reports Third Quarter Fiscal 2021 Results

Cracker Barrel Old Country Store reported its financial results for the third quarter of fiscal 2021 ended April 30, 2021.

Third Quarter Fiscal 2021 Highlights

  • The Company continued its sales recovery during the third quarter with both restaurant and retail comparable store sales improvements compared to the second quarter. Driven by the reopening of dining rooms and strategic sales initiatives, the Company further rebuilt its sales volumes.
  • Versus the third quarter of fiscal 20191, comparable store restaurant sales decreased...
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May 26 8:25 AM, General News


Dine Brands Global Announces Executive Appointments

Dine Brands Global, the parent company of Applebee’s Neighborhood Grill & Bar® and IHOP® restaurants, announced that Vance Chang has been named Chief Financial Officer, effective June 14, 2021.

Most recently, Vance served as CFO for Exer Urgent Care. Before that, he was CFO at YOGAWORKS. He has also held positions at Pressed Juicery, Moelis & Company, Oracle and Deloitte & Touche. Vance received a degree in accounting from the University of Washington and an MBA from...

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May 14 8:32 AM, General News


Dine Brands Global Reports First Quarter 2021 Results

Dine Brands Global, the parent company of Applebee's Neighborhood Grill + Bar® and IHOP® restaurants, announced financial results for the first quarter of 2021.

“Dine Brands first-quarter 2021 results demonstrate positive momentum across our company. Thanks to the strength of our brands, and the resilience and collaboration of our franchisees and team members, we have a sharper focus on digital and marketing capabilities, operational basics and a steadfast dedication to the safety of...

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May 5 9:27 AM, General News


The Cheesecake Factory Reports Results for First Quarter of Fiscal 2021 and Provides Business Update

The Cheesecake Factory Incorporated reported financial results for the first quarter of fiscal 2021, which ended on March 30, 2021.

Total revenues were $627.4 million in the first quarter of fiscal 2021 compared to $615.1 million in the first quarter of fiscal 2020. Net loss available to common stockholders and diluted net loss per common share were $1.2 million and $0.03, respectively, in the first quarter of fiscal 2021.

During the first quarter of fiscal 2021, the Company recorded COVID-19 related charges of $4.9 million, for costs such as sick and vaccination pay, healthcare and...

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Apr 30 8:29 AM, General News


Bloomin’ Brands Announces 2021 Q1 Financial Results and Strong Operating Margin Expansion

Bloomin’ Brands reported results for the first quarter 2021 (“Q1 2021”) compared to the first quarter 2020 (“Q1 2020”).

CEO Comments

“The first quarter was a strong start to the year. We are well positioned to grow sales, and capture additional market share as the economic recovery continues,” said David Deno, Chief Executive Officer. “As a result of investments made over the last few years we are making great progress in growing...

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Apr 30 8:28 AM, General News


Wingstop Reports Fiscal First Quarter Financial Results

Wingstop announced financial results for the fiscal first quarter ended March 27, 2021.

Highlights for the fiscal first quarter 2021 compared to the fiscal first quarter 2020:

  • System-wide sales increased 30.0% to $558.9 million
  • 41 net new openings in the fiscal first quarter 2021, an increase of 11.7%
  • Domestic same-store sales increased 20.7%
  • Domestic restaurant AUV increased to approximately $1.55 million, compared to...
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Apr 29 8:23 AM, General News


Wingstop Signs 100-Restaurant Agreement for Canada 

Wingstop announced plans to extend its global reach by expanding into Canada through an agreement with JPK Capital to develop 100 Wingstop locations across Canada in the next 10 years, with the first set to open in Toronto.

JPK Capital is a single-family office motivated by sustainable change, technological innovation, and long-term vision. Founded in 2017 and led by entrepreneur and founder of Luxury Retreats (sold to Airbnb) Joe Poulin, JPK Capital specializes in providing the long-term capital, strategy, and tech expertise consumer businesses need to...

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Apr 28 8:32 AM, General News


Cracker Barrel Old Country Store Launches New Homestyle Favorites 

Just in time for Mother's Day, Cracker Barrel Old Country Store is introducing new homestyle favorites including Hand-Breaded Fried Chicken Tenders, "Barrel Bites" – Biscuit Beignets, Loaded Hashbrown Casserole Tots, and limited-time beverages at restaurants nationwide. Whether dining-in or curbside, families can take advantage of Cracker Barrel's one-stop-shopping experience for Mother's Day, with everything from new menu options and homestyle meals to unique gift options to show how much they care for the women in their lives this Mother's Day.

"Cracker Barrel is excited to welcome guests back into our stores where we are serving new additions like our Hand-Breaded Fried Chicken Tenders and summertime classics like...

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Apr 27 8:24 AM, General News


P.F. Chang's Celebrates Spring Holidays with New Menu

P.F. Chang’s is celebrating a season of moms, dads and graduates, creating a unique and memorable celebration experience for each signature event. Launching is an updated menu, suited for celebrations of all kinds. The exclusive pre-fixed menu includes a selection of four courses and a glass of wine for $50 per person.

“At P.F. Chang’s, we believe there’s much cause for celebration over the coming weeks, whether it’s honoring important family members or hard-working scholars,” said Tana Davila, chief marketing officer for P.F. Chang’s. “We’re always a place to celebrate life’s milestones – both big and small – but...

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Apr 23 8:33 AM, General News


Quaker Steak & Lube Introduces New, Limited-Time Menu Items

With the weather heating up and the days getting longer, it can only mean one thing: a much-needed summer is right around the corner. To celebrate, Quaker Steak & Lube is introducing a brand-new "All-American Summer" menu complete with its twists on classic BBQ favorites and seasonal-inspired cocktails.

Here is the food lineup Quaker Steak & Lube will feature on its All-American Summer menu...

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Apr 19 8:31 AM, General News


U.S. Restaurant Chain Customer Transactions Begin to Recover

In mid-March 2020, U.S. governing authorities, to get the COVID-19 global pandemic under control, restricted on-premises dining at roughly 70% of all U.S. restaurants, a historical defining moment for the industry. By the last week of March 2020, customer transactions at major restaurant chains had fallen by -43% compared to year ago and by -77% at full service chains, which were most impacted by the dine-in restrictions.

In March 2021, with the lifting of restrictions and more consumers vaccinated, customer transactions at major restaurant chains were up +32% compared to the steep declines year ago, although still down -6% compared to two years ago, March 2019. Major chain transactions at full service restaurants were up...

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Apr 19 8:29 AM, General News


IHOP Unveils New Steakhouse Premium Bacon

IHOP introduced the brand’s new Steakhouse Premium Bacon, its latest menu innovation on the new Bacon Obsession menu. Steakhouse Premium Bacon is a thick-cut piece of bacon that is five times thicker than IHOP’s regular bacon, fried and finished with a maple glaze.

In addition to the new Steakhouse Premium Bacon, which can be added to any breakfast combo for $1.49 for a limited time, IHOP is introducing a Bacon Obsession menu that offers an array of options including everything from a Steakhouse Premium Bacon Burger to a Maple Bacon Milkshake.

“As guests begin to return to restaurants, we know they’re looking for broadly appealing and familiar comfort foods, as well as new ways to enjoy classic favorites, and bacon is the perfect option that...

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Apr 14 8:23 AM, General News


Applebee's Announces Return of Irresist-A-Bowls

Applebee’s Irresist-A-Bowls are making their return. Now and for a limited time, guests can enjoy their favorite bowls available for Dine-In, To Go or Delivery.

Each of Applebee’s Irresist-A-Bowls come with abundant toppings and are served up in different flavor combinations. Consumers can try the new Grilled Chicken & Spinach Alfredo Bowl or celebrate the return of our Crispy Orange Chicken Bowl.

The menu includes...

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Apr 13 8:26 AM, General News


ANALYSIS: Chicken Wings Head into Overtime

It isn’t often that chicken wings continue to command the limelight in Q2. But despite the conclusion of March Madness, and in the absence of any wing-centric holidays on the immediate horizon, the market...

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Apr 9 8:32 AM, Urner Barry


Ruby Tuesday Brings Back FreshMex Menu

Ruby Tuesday is offering diners a new lineup of their Southwestern favorites with the introduction of Ruby’s FreshMex spring feature menu.

Now for a limited time, guests can try Ruby’s FreshMex entrees starting at $8.99, including Chicken, Shrimp or Veggie Fajitas, Southwest Fried Chicken Bowl, Grilled Chicken Burrito Bowl, Chicken Queso Burrito and Chicken & Queso Tacos.

“Ruby Tuesday is committed to making eating out affordable, delicious and truly comfortable for our guests. We are excited to re-introduce Ruby’s FreshMex entrees that proved to be...

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Apr 6 8:28 AM, General News


Red Robin Gourmet Burgers, Inc. Appoints Darla Morse as Executive VP and Chief Information Officer

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) ("Red Robin" or the "Company"), a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today announced the appointment of Darla Morse as Executive Vice President and Chief Information Officer, effective April 12, 2021. In her new role, she will lead the company’s enterprise technology strategy and implementation at Red Robin, including digital platforms, corporate and restaurant systems, data management, security and infrastructure.

Paul J.B. Murphy III, Red Robin's President and Chief Executive Officer, said...

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Mar 31 8:48 AM, General News


10% of All U.S. Restaurants have Closed Permanently Since the Pandemic Began

Datassential revealed that 10.2 percent of U.S. food establishments have closed permanently since the pandemic began, citing new data from the company's proprietary Firefly database released.

Of the 778,807 food establishments in operation since the onset of COVID-19, 79,438 have closed for good as of Monday, according to the report from Datassential. The figure does include restaurants that have opened during the pandemic.

That includes restaurants at all levels of service: QSR (fast-food), fast-casual, midscale, casual and fine dining as well as food trucks. Food trucks have been affected the most of any segment, with...

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Mar 30 8:23 AM, General News


Ruby Tuesday Announces the Appointment of Two New Managers to Board

Ruby Tuesday announced the appointment of Mitch Lowe and Adam Brotman to its board of managers. Lowe and Brotman will join fellow Ruby Tuesday board members Ryan Carroll, Richard Miller and Shawn Lederman, the chief executive officer of Ruby Tuesday.

“We are pleased to welcome both Mitch and Adam to the Ruby Tuesday board,” said Shawn Lederman, the chief executive officer of Ruby Tuesday. “Both Mitch and Adam have deep experience at the intersection between restaurant operations, digital marketing and data analytics. We believe they will both be invaluable as we look to...

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Mar 15 9:38 AM, General News


Red Robin Develops Three New Delivery-Only Brands

Red Robin Gourmet Burgers and Brews announced the rollout of three new delivery-only brands that build on the company's off-premise business and continue the company's brand promise of making memorable connections with its Guests.

The three new delivery-only brands feature a mix of items from Red Robin as well as offerings not featured on the Red Robin menu. The Wing Dept focuses on a variety of wings and sides; Fresh Set offers a wide array of fresh green salads, wraps and sandwiches with freshly-prepared sauces and dressings; and Chicken Sammy's offers a selection of tasty chicken sandwiches, chicken tenders, homemade kettle chips and...

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Mar 12 8:20 AM, General News


U.S. Restaurant Customer Transaction Declines Steepen in February

Severe weather in many parts of the country in February hampered the softening of customer transaction declines at major U.S. restaurant chains reported in the last few months of 2020 and this January, finds The NPD Group. Major restaurant chain customer transactions declined by -13% versus year ago, compared to a -9% decline in January, according to NPD’s CREST® Performance Alerts which provides a rapid weekly view of chain-specific transactions and share trends for 75 quick service, fast casual, midscale, and casual dining chains representing 53% of the commercial restaurant traffic in U.S.

Record-shattering cold, snow, and rain affected a large swath of the U.S. in February. Texas, the second most populated state after California, was hit with a winter storm in mid-February that dropped significant amounts of...

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Mar 12 8:19 AM, General News


Cracker Barrel Offers New Prime Rib Heat n' Serve and Creative Basket Options

Cracker Barrel Old Country Store® announced the launch of its Spring Into the Season campaign, featuring a new, homestyle Prime Rib Heat n' Serve meal and Baskets for Every Occasion gift options to make the most of the Easter holiday and life's most memorable milestones. Plus, Cracker Barrel's popular classic Easter Heat n' Serve meal including spiral-sliced sugar-cured ham will be back in two sizes – Feast and Family Dinner.

"Whether you're craving a country feast, refreshing your home for Spring, or planning to give one-of-a-kind Easter baskets, Cracker Barrel is here to offer convenient and delicious ways to make new traditions at home or celebrate with us around one of our tables," said Cracker Barrel Senior Vice President and Chief Marketing Officer Jennifer Tate. "This year, we're especially excited to offer...

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Mar 4 8:31 AM, General News


Dine Brands Global Reports Fourth Quarter and Fiscal 2020 Results

Dine Brands Global, Inc., the parent company of Applebee's Neighborhood Grill + Bar® and IHOP® restaurants, today announced financial results for the fourth quarter and fiscal 2020.

“Dine Brands enters 2021 positioned for improved sales and robust off-premise growth. In the face of the unprecedented environment resulting from the pandemic, our franchisees, team members and restaurant teams rose to the challenge. Operationally, the collective system implemented heightened cleanliness standards to enhance the safety and well-being of our teams and guests, for both dine-in and off-premise occasions. In 2020, Dine moved swiftly to right size our business and brands in response to...

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Mar 2 9:50 AM, General News


Denny's Adds New Options to Melts and Bowls Lineup

Denny's is adding all new options to its Melts & Bowls lineup for the ultimate comfort food experience.

With the addition of four new Melts & Bowls, guests have even more combinations and flavors to choose from, truly offering something for every palate. The new selections are available nationwide and include...

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Feb 25 8:29 AM, General News


IHOP Appoints Kieran Donahue as Chief Marketing Officer

IHOP announced the newest member of its executive team, naming Kieran Donahue to the position of Chief Marketing Officer. In this role, Donahue will be responsible for driving IHOP’s marketing and culinary strategies, including oversight of advertising, digital innovation, communications, menu development and overall brand experience. Beginning February 22, Donahue will report directly to IHOP President Jay Johns.

“Kieran is an innovator and a transformational Fortune 500 executive who has a long track record of demonstrated performance across a diverse set of global brands,” said Johns. “Given her impressive professional history surpassing business goals, building trusted relationships and...

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Feb 24 8:23 AM, General News


Cracker Barrel Reports Second Quarter Fiscal 2021 Results

Cracker Barrel Old Country Store, Inc. reported its financial results for the second quarter of fiscal 2021 ended January 29, 2021.

Second Quarter Fiscal 2021 Highlights

  • Dining room service was adversely impacted by the nationwide resurgence of COVID-19 during the quarter, resulting in increased dining room closures and capacity restrictions compared to...
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Feb 23 9:58 AM, General News


Wingstop Reports Fiscal Fourth Quarter and Full Year 2020 Financial Results

 

Wingstop announced financial results for the fiscal fourth quarter and fiscal year ended December 26, 2020.

Highlights for the fiscal fourth quarter 2020 compared to the fiscal fourth quarter 2019:

  • System-wide sales increased 26.5% to $502.5 million
  • 59 net new openings in the fiscal fourth quarter 2020
  • Domestic same-store sales increased 18.2%
  • Domestic restaurant AUV increased to approximately...
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Feb 18 8:23 AM, General News


Foodservice and Retail Get Creative for an Unprecedented Valentine’s Day 

While the pandemic has caused disruptions to gatherings and going out, there remains a special significance around Valentine’s Day. Consumers are committed to celebrating the holiday, even if traditional celebrations must be altered. According to the National Retail Federation, about 52% of adults plan to celebrate Valentine’s Day this year, spending a total of $21.8 billon.

Nearly three-quarters of consumers celebrating the holiday this year feel it is important to do so given the current state of the pandemic. The virus is still a focus, with 74% indicating it will directly impact their plans for the holiday. About 24% of consumers plan to gift their loved one with an evening out, the lowest in...

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Feb 12 8:31 AM, Urner Barry


Wingstop Brings Fan Favorite Flavors Back to Menus Nationwide

Wingstop is bringing back three popular remix flavors to menus nationwide as a limited time offering. Starting on Valentine's Day, one of the brand's busiest days of the year outside of the Big Game, fans will once again have access to Hot Lemon, Bayou BBQ and Lemon Garlic, available hand-sauced-and-tossed on bone-in and boneless wings as well as crispy tenders.

Valentine's Day marks a hallmark event for Wingstop as fans look to share flavor with the ones they love. This year, fans can stay in, relax, and get Wingstop's bold distinctive flavor via...

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Feb 12 8:30 AM, General News


Cargill Expands Value-Added Protein Footprint Through Acquisition of ProPortion Foods

Cargill, the global food, agricultural, financial and industrial products company, announced the expansion of its value-added protein footprint through the acquisition of ProPortion Foods, a food manufacturer that supplies a variety of innovative fully cooked products, portion control steaks and marinated ready-to-grill meats.

Through the purchase, which closed in December 2020, Cargill gains two further-processed protein plants in Round Rock, Texas and Vernon, California. The Round Rock and Vernon facilities will deliver a variety of quality, fully cooked protein products for Cargill’s...

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Jan 27 8:23 AM, General News


IHOP Introduces New Signature Burritos and Bowls

IHOP introduced its latest menu innovation, Burritos & Bowls, designed with flavor combinations and easy portability in mind. Starting today, guests can select from a lineup of six different builds – in breakfast, lunch and dinner varieties – all of which can either be wrapped in a flour tortilla or served in a bowl.

The six new Burritos & Bowls flavors range from signature ingredients, like IHOP’s hickory-smoked bacon and include hash browns to hotter fare like poblano queso sauce and...

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Jan 20 8:27 AM, General News


U.S. Restaurant Industry Ends 2020 Making Its Way Out of the Steep Declines Caused by Pandemic

The U.S. restaurant industry closed one of the most unpopular years in history moving its way out of the steepest declines the industry has experienced since the Great Recession, reports The NPD Group. Customer transaction declines at major restaurant chains in December were down -10% compared to same period year ago, a 27-point improvement from April, the height of the shelter-at-home and restaurant dine-in closure mandates, when transactions declined by -37% from a year ago, according to NPD’s CREST® Performance Alerts, which provides a rapid weekly view of chain-specific transactions and share trends for 75 quick service, fast casual, midscale, and casual dining chains representing...

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Jan 11 8:22 AM, General News


Darden Restaurants Reports Fiscal 2021 Second Quarter Results

Darden Restaurants, Inc., (NYSE:DRI) today reported its financial results for the second quarter ended November 29, 2020.

Second Quarter 2021 Financial Highlights, Comparisons to Second Quarter Last Year

  • Total sales of $1.66 billion, a decrease of 19.4% driven by negative blended same-restaurant sales of 20.6% and partially offset by the addition of 19 net new restaurants
  • Same-restaurant sales by segment (Thanksgiving Day shifted to the last week of our second fiscal quarter this year from the first week of our third fiscal quarter last year)...
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Dec 18 9:30 AM, General News


Cracker Barrel Old Country Store Announces CFO Retirement

Cracker Barrel Old Country Store announced that the Company's Chief Financial Officer, Jill Golder, will retire from the Company on December 31, 2020. Ms. Golder will continue to assist the Company's executive team on a variety of matters following her retirement, including the orderly transition of her responsibilities, over the next several months.

Cracker Barrel's President and Chief Executive Officer, Sandra Cochran, commented, "Jill has contributed significantly to the success of Cracker Barrel over the last five years, and has been...

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Dec 15 8:17 AM, General News


Cracker Barrel Reports First Quarter Fiscal 2021 Results

Cracker Barrel Old Country Store, Inc. reported its financial results for the first quarter of fiscal 2021 ended October 30, 2020.

First Quarter Fiscal 2021 Highlights

  • Comparable store sales improved significantly compared to the fourth quarter, as comparable store restaurant sales decreased 16.4% in the first quarter compared to a decrease of 39.2% in the fourth quarter, and comparable store retail sales declined...
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Dec 3 10:14 AM, General News


Denny's Brings Back Thanksgiving Dinner Pack 

Denny's is bringing back its family-style Turkey & Dressing Dinner Pack, offering guests a stress-free spread of traditional holiday favorites, perfect for celebrating at home. Turkey & Dressing Dinner Packs are available for pickup until Wednesday, November 25 at 6 p.m. EST by ordering on Dennys.com or the Denny's app.

Portioned for four people, the Turkey & Dressing Dinner Pack is prepared ready to heat and serve, and features...

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Nov 23 8:15 AM, General News


Dine Brands Global Appoints John Peyton Chief Executive Officer

Dine Brands Global, Inc., the parent company of Applebee's Neighborhood Grill + Bar and IHOP restaurants, announced today that John Peyton, president and chief executive officer, Realogy Franchise Group, a wholly-owned subsidiary of Realogy Holdings Corp., will be the company’s new chief executive officer, effective January 4, 2021.

Peyton is an experienced franchise veteran who has led global, consumer franchised businesses for over 21 years, most recently at Realogy Franchise Group where he has served as president since 2016. Realogy franchises many of the most recognized brands in the real estate industry, including...

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Nov 18 8:34 AM, General News


U.S. Restaurant Chain Customer Transaction Declines Stabilize at -9% Compared to Year Ago in October

Customer transaction declines at major U.S. restaurant chains held steady at  -9% every week in October compared to same weeks year ago, reports The NPD Group.  Quick service restaurant chains, which have been able to leverage their off-premises operations during the pandemic, also stabilized transaction declines at  -9% throughout the month. Full service restaurant chains, which are more heavily reliant on dine-in services, saw transaction declines fluctuate from  -16% in the first week of October to  -14% in the last full week of the month, according to NPD’s CREST® Performance Alerts, which provides a rapid weekly view of chain-specific transactions and share trends for 75 quick service, fast casual, midscale, and casual dining chains representing 53% of the commercial restaurant traffic in U.S...

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Nov 10 8:09 AM, General News


Denny's Adds Melts and Bowls To the Menu

Nothing says fall quite like comfort food and Denny's is delivering with an all new Melts lineup and a new Bowls menu. Available nationwide, Denny's will now feature a selection of warm and cheesy grilled sandwiches served with wavy-cut fries, and two hearty dishes combining flavors and textures for a complete meal in a bowl.

New menu items include...

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Nov 6 8:33 AM, General News


BJ's Restaurant & Brewhouse Brings Tailgating Home with Brewhouse Homegating Packs 

Fall is here and that means football season is officially in full swing. Sports buffs know that game day isn't complete without the cherished tradition of tailgating. That's why BJ's Restaurant & Brewhouse is bringing the tailgating experience from the stadium to the living room this season with the introduction of the new Brewhouse Homegating Pack.

The Brewhouse Homegating Pack allow fans to recreate the excitement of a tailgate from the comfort of their own home by indulging in gameday favorites such as wings, pizza, award winning BJ's Handcrafted Signature Beers, and more. The crowd-pleasing package includes...

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Nov 6 8:33 AM, General News


Cracker Barrel Offers New Options for Thanksgiving

Cracker Barrel Old Country Store is offering convenient options for guests to enjoy a homestyle holiday meal in-store or at home.

"Thanksgiving has always been a time for us to welcome guests home for the holidays by offering a place with warm hospitality and homestyle cooking," Cracker Barrel Senior Vice President of Restaurant and Retail Operations Michael Hackney said. "And while we know this special holiday will look different for many this year, we are more committed than ever before to our mission of 'Pleasing People' and delivering a safe experience so families can share in the tradition of connecting over a holiday meal with...

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Nov 4 8:20 AM, General News


The Cheesecake Factory Reports Results for the Third Quarter of 2020

The Cheesecake Factory Incorporated reported financial results for the third quarter of fiscal 2020, which ended on September 29, 2020.

Total revenues were $517.7 million in the third quarter of fiscal 2020 compared to $586.5 million in the third quarter of fiscal 2019. Net loss and diluted net loss per share were $28.3 million and $0.76, respectively, in the third quarter of fiscal 2020, reflecting the impact of COVID-19. The results in this press release include the acquisition of North Italia and the remaining business of Fox Restaurant Concepts LLC (“FRC”) on October 2, 2019.

During the third quarter of fiscal 2020, the Company recorded pre-tax impairment of assets and lease termination expense of $10.4 million, $5.4 million of which was cash lease termination expense associated with one...

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Nov 3 8:24 AM, General News


Dine Brands Global Reports Third Quarter 2020 Results

Dine Brands Global, the parent company of Applebee's Neighborhood Grill + Bar and IHOP restaurants, announced financial results for the third quarter of 2020.

“We continue to execute on our strategy to stabilize our business and restore growth, which resulted in both brands delivering continued improvements during this challenging time for our industry. I want to thank our franchisees and team members who have been working tirelessly this year. They have adapted to the significant challenges of 2020 with remarkable agility, bringing our delicious, affordable food to guests in a low-contact and safe manner,” said Steve Joyce, Chief Executive Officer of Dine Brands Global, Inc.

Mr. Joyce added, “We believe that both Applebee’s and IHOP are well-positioned to build on the impressive expansion of our off-premise growth, return restaurant sales to pre-pandemic levels and resume...

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Oct 29 8:23 AM, General News


Applebee's Announces Halloween Wings Deal

Halloween is almost here, and Applebee’s is putting a new spin on trick-or-treating for guests around the country. For one day only on October 31, wing lovers can celebrate at participating locations with Halloween Wings – a free order of Boneless Wings with any purchase of $30 or more for To Go or delivery through Applebees.com.

Each order of Applebee’s Boneless Wings is served with ranch dressing and celery on the side and is tossed in sauce like Classic Hot Buffalo, Sweet Asian Chili or Honey BBQ. Guests can visit Applebees.com or the Applebee’s mobile app to order and...

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Oct 27 8:31 AM, General News


Bloomin’ Brands Reports Strengthening Sales Trends

Bloomin’ Brands, Inc. (Nasdaq: BLMN) today reported results for the third quarter 2020 (“Q3 2020”) compared to the third quarter 2019 (“Q3 2019”).

Statement from David Deno, Chief Executive Officer

Our priorities remain unchanged as we are focused on taking care of our people and serving food in an environment that protects both team members and customers. Maintaining a motivated, well trained, and engaged employee base that is committed to providing a safe dining experience is critical to our long-term success. The decision not to furlough any employees during the pandemic reinforced this principle. This decision is paying off and has been a big part of our success in driving results throughout the pandemic...

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Oct 23 8:47 AM, General News


P.F. Chang’s Launches To Go Concept In New York Market

As consumers across the country seek dining options to fit their changing habits, P.F. Chang’s is excited to announce the expansion of its P.F. Chang’s To Go concept now launching in New York.

Opening today at 240 W. 40th in New York City, the location marks the first of three P.F. Chang’s To Go openings in New York over the coming weeks. It follows three other openings in Chicago, which launched earlier in 2020.

These new restaurant additions will allow more guests to experience the P.F. Chang’s Asian favorites they know and love in a convenient format that provides a solution for online ordering, takeout, catering and delivery in areas that don’t have a P.F. Chang’s restaurant nearby...

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Oct 19 8:35 AM, General News







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