Published November 22, 2017

U.S. Foodservice Operators Challenged by Slow Third Quarter Sales

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

Related Post:
  1. How to Maximize POS Data for Top-Tier Marketing
  2. Amazon Makes a Major Push Into Food Delivery
  3. Young National Chef winners: Industry must help new talent
  4. What Chains Can Learn from Mom & Pop Shops
  5. Spice up your bar with these great promotion ideas!
  6. Takeaway food market to swell to £11.2bn within the next five years
  7. Britain’s “thriving” tourism economy gives sector a boost
  8. How to Win the Battle for Awesome Inventory Management
  9. On a roll: the rise of the artisan bakery sector
  10. Report Shows Industry Sales Improving (Slightly)