Analysts still caution that sector rebound far from guaranteed
Three casual-dining heavyweights reported increased same-store sales and positive guest traffic late Thursday as second-quarter earnings season for restaurant companies began. Ruby Tuesday Inc., The Cheesecake Factory Inc. and BJ’s Restaurants Inc. each said same-store sales increased for their latest quarters on improved traffic counts. Ruby Tuesday reported its best same-store sales result — an increase of 0.3 percent at corporate locations — in 16 quarters, or nearly ...
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Contact: Desiree Torres Desiree.Torres@penton.com