Ruths Hospitality Group, Inc. Reports Second Quarter 2022 Financial Results
Posts Record Second Quarter Revenue Up 16%
Allyson Park Named Chief Corporate Affairs Officer for Yum! Brands
Most recently, she worked for Mars, Incorporated serving as Global Vice President, Corporate Affairs, for Mars Wrigley.
Restaurant Reputations Held for Ransom
Restaurants around the country are being threatened with negative online reviews if they don’t pay a gift card ransom.
Shake Shack Announces Second Quarter 2022 Financial Results
Total revenue of $230.8 million, up 23.1% versus 2021, including $223.1 million of Shack sales and $7.7 million of Licensing revenue.
Papa Johns Announces Second Quarter 2022 Financial Results; Increases Cash Dividend By 20%
Total revenues increased 1.5% to $522.7 million in the second quarter versus prior year second quarter. Revenues increased 5.2% excluding the impact of refranchising 90 restaurants in the first quarter of 2022.
The Inflation Reduction Act of 2022 Will Not Help Restaurants
For two and a half years, the restaurant industry has taken blow after blow, knocking it down, but not out. Every month, increasingly powerful blows in the form of higher costs push more and more owners to consider closing their doors. For this reason, the National Restaurant Association cannot support the Inflation Reduction Act of 2022 in its current form.
Restaurant Industry Releases Diversity, Equity, and Inclusion Research and Framework for Building Successful DEI Programs
Report reveals difference between restaurants' and employees' perceptions of DEI initiatives
How Noodles & Company Became a Best Employer for Diversity
Brand recognized for its DEI approach contributes to the Association’s landmark DEI research and roadmap to inclusion for restaurants.
Yum! Brands Reports Second-Quarter Results
Yum! Brands, Inc. (NYSE: YUM) today reported results for the second quarter ended June 30, 2022. Worldwide system sales excluding foreign currency translation grew 3%, with 4% unit growth and 1% same-store sales growth. Second quarter GAAP EPS was $0.77, a decrease of 40% year-over-year. Second quarter EPS excluding Special Items was $1.05, a decrease of 9% year-over-year.
Starbucks Reports Q3 Fiscal 2022 Results
Consolidated Net Revenues Up 9% to a quarterly record $8.2 Billion – Q3 Comparable Store Sales Up 3% Globally; Up 9% in the U.S. and Up Double Digits Internationally, ex-China