Plus, a chat with the founder of surging BBQ chain City Barbeque
November 4, 2024
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.
