Financials
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How Firehouse Subs is leveraging franchise incentives to speed up growth
RBI’s smallest chain wants to speed up openings and fill in key U.S. markets, with bonuses targeting strong operators and multi-unit development.
By Aneurin Canham-Clyne • April 1, 2026 -
Zaxbys appoints GoTo Foods exec as CFO
Michael Dixon will oversee the chain’s financial strategy, planning and analytics and accounting and treasury as it continues to expand beyond 1,000 units.
By Julie Littman • March 30, 2026 -
Golden Corral appoints Nestlé vet as CFO
Trona Balkissoon will oversee the buffet chain’s financial strategy, including franchised- and corporate-unit health, and ensure the chain grows responsibly.
By Julie Littman • March 27, 2026 -
53-unit Applebee’s franchisee files for bankruptcy
Neighborhood Restaurant Partners Florida has faced financial pressures since sales began to soften in 2015 and will now sell its restaurants to Applebee’s.
By Julie Littman • March 26, 2026 -
How 10 major restaurant chains are overhauling their strategies
From Wendy’s to Outback, heavyweight brands are investing in new menu items and operational improvements — often accompanied by closures and renovations — to get back on track.
By Aneurin Canham-Clyne • March 26, 2026 -
Wonder hires CFO ahead of potential 2027 IPO
Marc Lore has built a vertically integrated food delivery network including food halls, a makeline manufacturer and Grubhub. Now, he wants to take it public.
By Aneurin Canham-Clyne • March 24, 2026 -
How Fat Brands’ bankruptcy could impact franchisees
From diminishing marketing support to a sale of assets, operators could see changes that impact operations as the Fatburger parent continues through the Chapter 11 process.
By Julie Littman • March 20, 2026 -
Fat Brands CEO agrees to temporary leave of absence
Andrew Wiederhorn can still bid on the company during its sales process, but will be removed from management in exchange for the company receiving debtor-in-posession financing.
By Julie Littman • March 19, 2026 -
How snow derailed Olive Garden’s traffic growth
Darden will run an extra week of value promotions for Olive Garden this quarter after bad weather stunted transactions.
By Aneurin Canham-Clyne • March 19, 2026 -
Gas price spikes don’t impact restaurant traffic: BTIG
By analyzing 20 years of data, the firm found little correlation between gas prices hikes and restaurant traffic drops.
By Julie Littman • March 18, 2026 -
Fat Brands could sell its assets
If approved by the court, Fatburger’s owner, which is undergoing Chapter 11, will seek bids for all or some of its assets beginning in April.
By Julie Littman • March 17, 2026 -
Q4 2025’s restaurant winners and loses
Casual dining? Good, not great. Fast casual? Bad, not terrible. Taco Bell? Living Más. Wendy's? Living Menos.
By Aneurin Canham-Clyne • March 16, 2026 -
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 Aneurin Canham-Clyne • March 11, 2026 -
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 Julie Littman • March 5, 2026 -
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 Julie Littman • Updated March 3, 2026 -
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 Aneurin Canham-Clyne • March 2, 2026 -
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 Julie Littman • Feb. 26, 2026 -
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 Aneurin Canham-Clyne • Feb. 24, 2026 -
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 -
‘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 Julie Littman • Feb. 23, 2026 -
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 Julie Littman • Feb. 19, 2026 -
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 Aneurin Canham-Clyne • Feb. 19, 2026 -
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 Julie Littman • Feb. 19, 2026 -
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 Julie Littman • Feb. 17, 2026 -
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 Julie Littman • Feb. 13, 2026