Finance

The eatertainment concept, acquired by Callaway in 2021, experienced an 8% drop in same-store sales in Q2 with deeper declines in July

Traffic was up both for dinner dayparts and on the weekends in Q2 as Sweetgreen’s revenues hit double digits

Several chains turned negative, some for the first time since the pandemic, as restaurant spending declined in favor of grocery spending

Even though revenues rose 30% and same-store sales were up 4.1%, shares tumbled by nearly a third as the company slightly missed analyst expectations

Burger King parent closes on two acquisitions during the period

Net revenue grew 8.2% in the U.S., driven by specialty collections and an accelerating Delivered Fresh Daily business

The Atlanta-based pizza chain will focus on turning sometimes-customers into regulars with aggressive marketing, discounting, and menu innovation

Same-store sales rose 2% as guest satisfaction improves

Dine Brands CEO John Peyton said the quarter began with positive momentum, but it slowed and even reversed

First Watch reported negative same-store sales growth of 0.3%, and a 4% dip in traffic for Q2 as the restaurant company contends with macroeconomic challenges