On this week’s Extra Serving, NRN editor in chief Sam Oches and executive editor Alicia Kelso discuss third-quarter earnings reports from some of the biggest restaurant chains in America.
Learn more about:
- How McDonald’s is faring in the midst of an E. coli outbreak. The company’s $5 Meal Deal and marketing drove momentum in the third quarter and up until the outbreak was reported in mid-October.
- Why Wendy’s is closing 140 locations. The company is looking to replace restaurants with AUVs of approximately $1.1 million with locations doing AUVs of $2 million and more.
- How Chipotle plans to become a global powerhouse. The chain is expanding in Europe and the Middle East, with more market opportunities expected “in the coming months.”
- How Chili’s is bucking the trend among its full-service peers. Parent company Brinker is planning to extend the strategy to Maggiano’s as well.
Plus, Sam has a conversation with City Barbeque founder Rick Malir, who shares some of the valuable lessons he’s picked up over the chain’s 25 years.
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