Finance

Fast Casual, Finance, News, Women in Restaurant Leadership

Shake Shack Appoints Michelle Hook Chief Financial Officer

Shake Shack announced the appointment of Michelle Hook as the Company’s Chief Financial Officer, effective May 11, 2026. Hook joins Shake Shack’s executive leadership team and will be responsible for leading financial operations across the Company, including accounting and treasury, financial planning and analysis, tax, investor relations and external reporting. Hook brings more than two […]

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Fast Casual, Fast Food, Finance, News, Story

Under New CEO, Portillo’s Begins to Play the Long Game Again

Brett Patterson made his first Portillo’s trip two-plus decades ago. Those were, naturally, different times for the 1963-founded Chicago staple. It’s since gone public (2021), spread into Texas, faced rocky development trends, and begun, more recently, to grapple with value gaps as the brand tries to stabilize its experience amid growth. For Patterson, who joined […]

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Fast Food, Finance, News, Story

Popeyes Looks to Core Menu, Operations, and Value to Spark Recovery

Popeyes remains in a slump. In Q1, the chicken chain saw same-store sales drop 6.5 percent, marking the fifth straight quarter of negative comps. Systemwide sales fell 3.9 percent despite modest unit growth. RBI leadership acknowledged that Popeyes’ recent performance has fallen short, even as the chicken category overall continues to expand. “While results were […]

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Burgers, Fast Food, Finance, Marketing & Promotions, News, Story

Burger King Sees U.S. Sales Surge as ‘Reclaim the Flame’ Strategy Takes Hold

Burger King’s U.S. has put forth years of foundational work to turn around its business, and it’s all now translating into meaningful, and increasingly visible, top-line momentum. In the first quarter, the brand delivered 5.8 percent same-store sales growth in the U.S., outperforming the burger QSR segment by more than five percentage points. For executives, […]

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Fast Food, Finance, Franchising, Growth, News, Story

Taco Bell is Triumphing on More Than Just Value

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 […]

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Fast Casual, Fast Food, Finance, Franchising, Growth, News, Story

Yum! Brands Keeps Winning as Pizza Hut Exit Looms 

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 […]

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Fast Food, Finance, Marketing & Promotions, News, Story

As Chick-fil-A Turns 80, History, Perspective, and Innovation Fuel the Future

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, […]

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Fast Casual, Finance, News, Story

Chipotle Sees Big Wins From ‘Recipe for Growth’ Strategy

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 […]

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Fast Casual, Finance, News, Story

Wingstop Weathers Sales Decline with Eye Toward Long-Term Growth

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 […]

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Fast Casual, Fast Food, Finance, Legal, News, Story

FAT Brands Breakup Begins as Buyers Emerge for Twin Peaks, Elevation Burger, and More

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 […]

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