Restaurant Finance News and Trends

News, trends, and advice on economic indicators, availability of capital, investment potential, franchise opportunities, and financial metrics in foodservice, full-service restaurants, and the hospitality industry.

 

Call It a Comeback

In an attempt to resolve its $18 billion in debt, in mid-July last year Detroit became the largest city ever to file for bankruptcy in the United States. Now, Detroit is on the rebound, attracting residents and businesses in an effort to rev the Motor City’s growth engine.

Applebee's Stops Sales Decline, IHOP Continues Strong Growth Applebee's Stops Sales Decline, IHOP Continues Strong Growth

DineEquity, Inc., the parent company of Applebee's Neighborhood Grill & Bar and IHOP restaurants, today announced financial results for the second quarter of fiscal 2014.

Revenues Slide at Bravo and Brio in Second Quarter Revenues Slide at Bravo and Brio in Second Quarter

Bravo Brio Restaurant Group, Inc. owner and operator of the BRAVO! Cucina Italiana and BRIO Tuscan Grille restaurant concepts, today reported financial results for the 13 and 26 week periods ended June 29, 2014. The company also updated its outlook for the full year 2014.

Denny's Boosts Sales 2% as Revenue Hits $115 Million in Q2 Denny's Boosts Sales 2% as Revenue Hits $115 Million in Q2

Denny's Corporation reported results for its second quarter ended June 25, 2014.Second Quarter Summary

BJ's Revenues Increase 10.5% in Second Quarter BJ's Revenues Increase 10.5% in Second Quarter

BJ's Restaurants, Inc. reported financial results for its fiscal 2014 second quarter that ended Tuesday, July 1, 2014.Second Quarter 2014 Highlights:

Post-Recession U.S. Restaurant Traffic Remains Flat Post-Recession U.S. Restaurant Traffic Remains Flat

U.S. consumers made some 61 billion visits to restaurants in the year ending May 2014. 

Sales Increase 12% for Del Frisco's in Q2 Sales Increase 12% for Del Frisco's in Q2

Del Frisco's Restaurant Group, Inc., the owner and operator of the Del Frisco's Double Eagle Steak House, Sullivan's Steakhouse, and Del Frisco's Grille restaurant concepts, reported financial results for the second quarter ended June 17, 2014.

The Ups and Downs of Development in Major Metro Areas The Ups and Downs of Development in Major Metro Areas

Opening a full-service restaurant in a major metropolitan area delivers a different set of challenges than opening one in a smaller city or rural area.

Bob Evans Reports Offers to Sandell in Proxy Fight Bob Evans Reports Offers to Sandell in Proxy Fight

Bob Evans Farms, Inc. has filed with the Securities and Exchange Commission its preliminary proxy statement in connection with its 2014 Annual Meeting of Stockholders.

3% Industry Growth Projected for 2014 3% Industry Growth Projected for 2014

Following lackluster first quarter results, largely weather-related, Technomic estimates 3 percent industry growth for 2014, a downward shift from its initial annual forecast of 3.5 percent. Updated estimates s

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