Profits slow in most recent quarter for companies in the restaurant industry. About 60 food operators reported sales figures in the third quarter financials and a majority of them faced declines. Several restaurants, like McDonald’s, Texas Roadhouse and Burger King, saw increases, but others like Chipotle, Papa John’s, Shake Shack and Potbelly saw their sales figures drop in the third quarter. An industry manager expects the fourth quarter to see modest improvements compared to the previous year of sales.
Read more: U.S. Foodservice Operators Challenged by Slow Third Quarter Sales
