Taco Bell turned in another strong quarter in Q1, and while value remains a major driver behind one of fast food’s steadiest performers, the brand’s momentum is coming from several places at once. In the U.S., Taco Bell posted 8 percent same-store sales growth in the first quarter, marking its eighth straight quarter of domestic […]
The post Taco Bell is Triumphing on More Than Just Value appeared first on QSR Magazine.
Yum! Brands turned in a solid Q1 beat, driven by another strong quarter at Taco Bell and continued momentum across KFC’s global business. System sales rose 6 percent in the first quarter, with global same-store sales up 3 percent and digital mix reaching a new high of 63 percent. Core operating profit grew 10 percent […]
The post Yum! Brands Keeps Winning as Pizza Hut Exit Looms appeared first on QSR Magazine.
While concrete data on the subject is difficult to uncover, likely because it’s so minuscule, the number of U.S. companies that make it to 100 years is theorized to be somewhere around half a percent. So maybe 1,000–2,000 nationwide, or somewhere in that range. What we do know from Bureau of Labor Statistics figures, though, […]
The post As Chick-fil-A Turns 80, History, Perspective, and Innovation Fuel the Future appeared first on QSR Magazine.
Chipotle’s Recipe for Growth strategy—a five-point plan designed for stronger restaurant performance and long-term expansion—is already delivering the intended results. Despite weather concerns and lower consumer sentiment, Q1 financial results exceeded expectations. The fast casual saw 0.5 percent same-store sales growth, fueled by a 0.6 percent rise in transactions, offset by a 0.1 percent dip […]
The post Chipotle Sees Big Wins From ‘Recipe for Growth’ Strategy appeared first on QSR Magazine.
The message at Wingstop after a challenged opening to the year wasn’t all that removed from when sales soared in 2024. Three of its largest levers, CEO Michael Skipworth told investors Wednesday, remain fluid. And they’re designed to sustain growth, not generate quarter-to-quarter buzz (or overreactions). So, the chain is staying the course. “While the […]
The post Wingstop Weathers Sales Decline with Eye Toward Long-Term Growth appeared first on QSR Magazine.
It’s the beginning of the end for FAT Brands. Multiple buyers have emerged for different chains, a little more than a month after the restaurant group filed for bankruptcy due to increasing debt. Twin Peaks—FAT Brands’ largest concept in terms of sales—is scheduled to be sold to TWNPKS Bid Co. via a credit bid. It […]
The post FAT Brands Breakup Begins as Buyers Emerge for Twin Peaks, Elevation Burger, and More appeared first on QSR Magazine.
Starbucks may indeed be back. During its fiscal Q2, the coffee giant saw growth in its top and bottom line for the first time in more than two years. North America and U.S. same-store sales rose more than 7 percent in the quarter, fueled by more than 4 percentage points of transaction growth—a level Starbucks […]
The post Starbucks’ Turnaround Gains More Steam as Sales and Transactions Rise appeared first on QSR Magazine.
Starbird, the San Francisco-based chicken concept, has appointed Stefanie Lee as chief financial officer. The hire adds a seasoned financial executive to a leadership team that is rapidly building out as the brand continues its national expansion. The appointment follows a series of momentum-building moves for Starbird, including the recent appointment of Greg Levin as chief […]
The post Starbird Names Stefanie Lee CFO appeared first on QSR Magazine.
Mountain Mike’s Pizza, a leading family-style pizza chain for nearly 50 years, and home of the legendary crispy, curly pepperoni, massive 20-inch Mountain-sized pizzas and dough made fresh daily, has appointed Ryan Lulow as Chief Financial Officer (CFO). Previously, Lulow served as Mountain Mike’s Controller in 2020 and was promoted to Vice President of Finance […]
The post Mountain Mike’s Appoints Ryan Lulow as CFO appeared first on QSR Magazine.
Domino’s Q1 didn’t meet expectations. U.S. comps rose just 0.9 percent, lifted by marketing promotions, third-party delivery, and positive order counts and average ticket, offset by negative menu mix. Carryout same-store sales increased 2.4 percent while delivery fell 0.3 percent. Although the quarter began in the right direction, sales softened as consumer sentiment declined to […]
The post Domino’s Says Pizza Rivals Can’t Sustain Value War appeared first on QSR Magazine.
