Casual Dining

Red Robin’s comp sales and total revenues declined in Q3 as the restaurant company shifted away from deep discounts and sunsetted its virtual brands.

Though comp sales slipped at Applebee’s in Q3, weekly sales surpassed pre-pandemic highs.

Brinker’s first quarter saw a 5.8% traffic decline, mostly driven by de-emphasis on virtual restaurant brands; but the second quarter is already more promising

Spangler’s appointment comes after Brandon Coleman III, who was named CEO of the restaurant company in August, resigned for personal reasons.

The Brazilian steakhouse’s goal is to grow 15% or more every year, with a particular focus on global expansion under Bain Capital private equity

Nation’s leading upscale breakfast, brunch and lunch restaurant brand continues nationwide expansion with new location in Western Texas

Both restaurant companies reported traffic increases of about 4% in Q3, bucking overall industry traffic that has been decelerating for months.

Casual-dining brand sees Q3 moves boost its hospitality scores in surveys

The timing of the polished dining restaurant chain’s IPO could be as early as Q2 2024, as FAT Brands continues to look at other acquisition opportunities