Search results
Results from the WOW.Com Content Network
“The U.S. restaurant industry finds itself on the menu,” he wrote in a column for the Daily Mail. Don't miss Beating the market is no myth: These expert stock-pickers' recent success could ...
Restaurants, however, were weaker. Sales fell 3.4% from December a year ago, even though transactions rose 4.1%. ... down 7.4%, compared to 2023. Show comments. ... Israel warns Hamas will pay ...
Full-service chains like Red Lobster, TGI Fridays and others are having a hard time
The health of the restaurant industry, as measured by the National Restaurant Association's Restaurant Performance Index, hit its lowest level since 2013, thanks to declines in same-store sales ...
It's expecting comparable sales growth to slow down sharply to about 7%. Cava is an expensive stock, and it can't keep up its high price without commensurately high performance and guidance.
The US restaurant industry was projected at $899 billion (~$1.04 trillion in 2023) in sales for 2020 by the National Restaurant Association, the main trade association for the industry in the United States. [2] [3] An estimated 99 percent of companies in the industry are family-owned small businesses with fewer than 50 employees. [4]
Rubio's Coastal Grill, citing rising business costs, abruptly shuts down 48 restaurants in California. ... Higher prices on the menu as fast-food chains brace for California's big minimum wage jump.
Amid escalating operational costs and changing consumer behaviors, the U.S. restaurant industry faces unprecedented closures, with financial strain evident across famed chains and local eateries.