Restaurants News

Brinker International Q1 FY27: Chili's Traffic Surge Drives 9.1% Comparable Sales, EPS of $2.77

Brinker Q1 FY27 adj EPS of $2.77 on 9.1% consolidated comparable sales growth

Oct 30, 2026

Wendy's Shares Jump 15% After Trian Fund Makes $7.35-Per-Share Acquisition Offer

Trian Fund offered $7.35/share to acquire Wendy's, representing a significant premium

Oct 30, 2026

Hooters Continues Closing Restaurants as Post-Bankruptcy Return Fails to Recapture Consumer Demand

Hooters is continuing to shutter restaurant locations even after emerging from bankruptcy under its original owners — signaling that brand revival is failing to overcome the fundamental consumer shift away from its core format

Oct 25, 2026

New York Restaurant Industry Hits 36-Year Low as 2,000 Venues Close in Q1 2026

New York's restaurant count fell to a 36-year low in Q1 2026 after 2,000 closures, as soaring fixed costs overwhelm independent operators with limited financial reserves.

Oct 18, 2026

Domino's Delivers Quarterly Earnings Beat but Warning Sign Emerges on Same-Store Sales Trajectory

Domino's beat quarterly EPS estimates on international franchise strength but a same-store sales deceleration warning emerged in the US, raising questions about competitive positioning against aggregator platforms and the efficacy of the fortressing loyalty strategy.

Oct 14, 2026

Denny’s Dining Rival Franchisee Files Chapter 11 Bankruptcy for Third Time in Three Months Amid Persistent Revenue Decline

Sep 24, 2026

Dave's Hot Chicken Franchisee Files Chapter 11 to Shield Against Lender Lawsuit

A Dave's Hot Chicken franchisee files Chapter 11 to protect assets from a lender's pending lawsuit

Sep 23, 2026

Wendy's Major Franchisee Meritage Hospitality Files Chapter 11 as Traffic and Margins Collapse

Meritage Hospitality Group, one of Wendy's largest US franchisees, has filed for voluntary Chapter 11 bankruptcy amid declining traffic, higher costs, and weaker profitability.

Sep 19, 2026

Meritage Hospitality, Wendy's Largest Franchisee, Files Chapter 11 as QSR Franchise Model Under Stress

Meritage Hospitality Group, one of Wendy's largest US franchisees, filed for Chapter 11 bankruptcy protection as rising costs and slowing consumer traffic stress the quick-service restaurant franchise model

Sep 19, 2026

Prominent Seafood Chain Continues Restaurant Closures After Bankruptcy Filing

A prominent US seafood restaurant chain is continuing to close dozens of locations following its bankruptcy filing earlier in 2026

Sep 11, 2026

Burger King Sales Surge Outpaces McDonald's in Notable QSR Competitive Shift

Burger King's US sales surged while McDonald's faced headwinds, marking a notable competitive shift in the quick service restaurant sector as value-conscious consumers respond differently.

Aug 8, 2026

Noodles & Company Q2 Earnings Beat and Guidance Raise Trigger Share Surge on Value Dining Recovery

Noodles & Company (NDLS) Q2 2026 earnings beat expectations and the company raised its full-year guidance, as the fast-casual chain's value positioning resonates with inflation-fatigued consumers trading down from fast casual premium to value-casual dining.

Jul 25, 2026

Cracker Barrel Surges 7% as Earnings Beat Validates Turnaround Strategy

Cracker Barrel (CBRL) shares surged 7% after quarterly earnings beat expectations, validating the restaurant chain's turnaround strategy centered on menu modernization and pricing power, with the beat triggering significant short covering alongside fundamental buying.

Jun 10, 2026