Financials


  • An image of Layne's Chicken Fingers menu items.
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    Permission granted by Layne's Chicken Fingers
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    Layne’s Chicken Fingers thinks it has what it takes to go national

    Cane’s. Dave’s. Now Layne’s? A small Texas chicken chain wants to be the next big thing. Multi-unit operators, a simple menu and a premium product could make it happen.

    By March 11, 2026
  • A close up imae of a white sign with Cracker Barrel logo and Uncle Herschal mascot.
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    Joe Raedle via Getty Images
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    Cracker Barrel reports steepest traffic decline since botched rebrand

    Despite focusing on menu quality and value, the chain reported a 10% traffic drop nearly six months after it attempted to remove its iconic Uncle Herschel from its branding.

    By March 5, 2026
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    Courtesy of P.F. Chang's
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    Red Lobster hires former P.F. Chang’s CEO as CFO

    Brad Hill will oversee the chain’s finances and real estate strategy as it focuses on long-term growth.

    By Updated March 3, 2026
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    Courtesy of Cava
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    Deep Dive

    Why are leading fast casuals primarily company owned?

    Franchising is the primary model for development in fast food, but different market dynamics prevail in fast casual.

    By March 2, 2026
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    Courtesy of Papa Johns
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    Papa Johns will close 300 restaurants

    As part of its transformation, the chain will close units that are over 10 years old with AUVs under $600,000 and has already cut 7% of its corporate staff.

    By Feb. 26, 2026
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    Permission granted by First Watch
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    First Watch CFO to retire

    Mel Hope led the breakfast chain’s fiscal operations through a pandemic, an IPO and high inflation. His successor faces a strained consumer environment.

    By Feb. 24, 2026
  • A Domino's Pizza employee assists a customer over the phone.
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    Brandon Bell via Getty Images
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    Domino’s loyalty program fuels carryout growth

    “We stated before that our objectives with the loyalty program was definitely to cater much more to the carryout customer and also to attract light users,” CEO Russell Weiner said.

    By Bryan Wassel • Feb. 24, 2026
  • A close up image of a red sign that says Fatburger
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    Wirestock via Getty Images
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    ‘This is not personal. It’s business’: Why an expert says the clock is ticking for Fat Brands’ CEO

    Andrew Wiederhorn’s days as CEO could be numbered if creditors successfully argue conflict of interests exist, bankruptcy expert Jerrold Bregman said.

    By Feb. 23, 2026
  • An image ofa brick colored building with a logl of a red-headed girl with pigtails.
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    Courtesy of Wendy's
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    Wendy’s is ‘undervalued’ and could face takeover by Nelson Peltz

    The former Wendy’s board chair is considering taking action at the chain, where stock prices have fallen 60% over the past five years.

    By Feb. 19, 2026
  • Jack in the Box
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    Justin Sullivan via Getty Images
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    Why Jack in the Box bets parking lot paint can cure sales

    The chain hopes improvements to product quality and restaurant cosmetics will reverse sliding same-store sales and help prepare for a full remodel program.

    By Feb. 19, 2026
  • A Buggalo's and Fatbuger restaurant signs
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    Laser1987 via Getty Images
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    Fat Brands sued by lender over cash use during bankruptcy

    352 Capital contests Fat’s plan to use management fees and other cash under securitization receivables to fund operations during Chapter 11 proceedings.

    By Feb. 19, 2026
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    SolStock via Getty Images
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    NRA: Restaurant, foodservice to surpass $1.5 trillion in sales

    While challenges related to the economy and food and labor costs will persist, the National Restaurant Association said operators are cautiously optimistic.

    By Feb. 17, 2026
  • A daytime photogrpah of a white building that has an orange sign that says Popeyes Louisina Kitchen
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    Walter Cicchetti via Getty Images
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    Popeyes hopes restaurant-level reliability will turn sales around

    The chain, which saw comp sales decline by 4.9% in Q4, has already improved field engagement and targeted support for underperforming restaurants.

    By Feb. 13, 2026
  • An image of a McDonald's with a sign in the forefront and a gray building in the background.
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    Ceri Breeze via Getty Images
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    How McDonald’s won back low-income diners

    Over a year after it began rolling out various value options, the chain is seeing improved scores on affordability and notched 6.8% comparable sales growth in the fourth quarter.

    By Feb. 12, 2026
  • A close up image of a red sign that says Fatburger
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    Wirestock via Getty Images
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    ‘Personal attack’: Fat Brands cries foul over plan to oust CEO

    The Fatburger owner admitted to making a mistake in selling shares of Twin Hospitality without court approval, but argued the call for Andrew Wiederhorn’s removal should be denied.

    By Feb. 10, 2026
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    Courtesy of HTeaO
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    HTeaO appoints Darden vet as CFO

    Chris Phillips, who also worked at Popeyes, will oversee finance and strategic planning as the Texas-based drive-thru chain grows past 150 units.

    By Feb. 10, 2026
  • An image of a person wearing a suit with arms crossed and smiling. The person is in front of a wall with news clips in the background.
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    Permission granted by Fat Brands
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    Fat Brands CEO Andy Wiederhorn faces ouster by lenders

    The chief executive’s on-again-off-again tenure at Fat is under threat after a sale of Twin Hospitality stock, which creditors allege was irregular.

    By Feb. 9, 2026
  • A photogrph of a bricked building with a white sign that says Bob Evans.
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    jetcityimage via Getty Images
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    Golden Gate Capital sells Bob Evans Restaurants

    Unit count declined over the past six years at the family dining chain, but new owner 4x4 Capital plans to maximize the brand’s long-term growth potential.

    By Feb. 6, 2026
  • A photograph of a gray sign with a red box inside with white letters that says "Jack" under the box it says "in the box."
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    Justin Sullivan via Getty Images
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    Jack in the Box goes on defense in Biglari proxy battle

    The fast food chain is urging shareholders to reject an attempt from the activist investor to unseat the board chair.

    By Feb. 5, 2026
  • McDonald's is promoting Luis Quintiliano, its managing director in Spain, to lead its US field operations.
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    Courtesy of McDonald's
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    McDonald’s appoints field, finance execs

    In addition to the naming Luis Quintiliano as U.S. field president, the Golden Arches is rotating responsibilities between two finance executives.

    By Feb. 5, 2026
  • An exterior image of a Pizza Hut with bricks and red signage
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    Courtesy of Yum Brands/Pizza Hut
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    Pizza Hut to close 250 stores

    About 4% of the chain’s U.S. store system will close during the first half of this year as Yum Brands continues a strategic review of the ailing QSR.

    By Feb. 4, 2026
  • An exterior shot of Twin Peaks restaurant
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    Permission granted by Fat Brands/Twin Peaks
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    Fat Brands gets dropped from Nasdaq amid bankruptcy

    Stocks will cease trading on Feb. 4, at which time they will begin selling on an over-the-counter market, where sales are typically managed by brokers.

    By Feb. 2, 2026
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    Courtesy of Subway
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    A large Subway operator declares bankruptcy

    MTF Enterprises, which operates 43 units, alleges that Merchant Cash Advance lenders improperly interfered with its revenue, leading it to file for Chapter 11. 

    By Feb. 2, 2026
  • A nighttime image of a beige building with a sign that says Fatburger open 24 hours.
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    anderm via Getty Images
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    3 reasons Fat Brands filed for Chapter 11

    Beyond its complicated debt situation, economic challenges and ongoing litigation worsened Fat’s financial stability.

    By Jan. 28, 2026
  • A close up image of a red sign that says Fatburger
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    Wirestock via Getty Images
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    Fat Brands files for Chapter 11

    This move comes months after creditors pushed for it to pay $1.3 billion in debt, and marks the first major restaurant franchisor bankruptcy of 2026.  

    By Updated Jan. 27, 2026