April marked the 10th straight month of cooling inflation, though full-service menu prices were up by 7.2% over last year and limited-service meals were up 8.2% during the month.
Let’s turn to Alicia Kelso who has a rundown of the month’s earnings from Q1. From brands including McDonald’s and Chipotle Mexican Grill to companies like Dine Brands and Brinker International, chains have been reporting on traffic and sales...
Chili’s, Outback and Burger King have been moving away from deals and coupons and toward everyday value—a likely indicator of current economic conditions
