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NRN editors discuss the first half of earnings seasonNRN editors discuss the first half of earnings season

Plus hear from Lauren Fernandez, founder of Full Course, and Sahil Rahman, co-founder of RASA.

Holly Petre, Assistant Digital Editor

November 3, 2023

 

This week on the Extra Serving podcast, a product of Nation’s Restaurant News, NRN editors Holly Petre, Leigh Anne Zinsmeister and Joanna Fantozzi talked about earnings season.

A slew of restaurant companies have reported, and we’re here to talk about them. These chains span from McDonald’s to Starbucks to Cheesecake Factory to BJ’s. One throughline we’ve seen is that traffic numbers are down. McDonald’s, the bellwether, showed a slight dip in traffic throughout the quarter while standouts Starbucks, Wendy’s, Chipotle, and Texas Roadhouse bucked that trend during the first part of earnings season.

Many brands saw double-digit sales, increases including McDonald’s and Taco Bell, while others such as BJ’s, Dine Brands, and Brinker are looking to boost sales and traffic.

Wingstop is set to launch a new technology platform in the next quarter, putting the technologically savvy brand ahead of the curve.

What are the other big themes of this earnings season? Listen to find out.

This week’s guests are Lauren Fernandez, founder of Full Course and Sahil Rahman, co-founder of RASA.

 

About the Author

Holly Petre

Assistant Digital Editor

Holly Petre is a digital editor for Nation’s Restaurant News as well as the host of NRN’s podcast, Extra Serving, and producer for Informa Restaurant and Food Group’s other three podcasts, One On One by Food Management, Off the Shelf with SN and In the Kitchen with Bret Thorn. Holly holds a Bachelor of Fine Arts with a concentration in Sculpture, fibers and Material Studies and Ceramics from the School of the Art Institute of Chicago. A native New Yorker, Holly enjoys her place on staff as the resident pop-culture expert and millennial with a sassy attitude and great sense of style.

Holly Petre’s work on Nation’s Restaurant News and Restaurant Hospitality often covers marketing and trends, either aimed-at or examined-through the millennial mindset. Holly is responsible for introducing TikTok and Twitch to NRN and RH readers as well as explaining terms like “Karen” to staff and readers alike. She also spends her time on staff trying not to make every headline a pun.

Holly Petre hasn’t spoken at any events or on panels, but she is readily available with a killer shoe wardrobe and several witty quips.

 

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