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Category: Restaurant Finance

Popeyes Reports Q2 2018 Financial Results: Eatery Pulse

Popeyes Q2 2018 sales driven by unit growth, restaurant delivery

Restaurant Brands International (RBI), reported financial results for Popeyes for Q2 2018. RBI acquired Popeyes Louisiana Kitchen in an all-cash transaction for $1.8B in March 2017. Popeyes grew its sales to $937M, a 10.7-percent increase, compared to a 3.3-percent increase in the same period last year.

PIncho Factory: Eatery Pulse News

Pincho Factory promotes Jayson Tipp to CEO

PIncho Factory has named Jayson Tipp, chief executive officer, effective immediately. Pincho Factory serves Latin-inspired kebabs and hamburgers, and currently has five locations, with plans to add 10 stores in the Washington, D.C. market.

Ways restaurateurs can pick the right foodesrvice distributor: Eatery Pulse

Ways restaurateurs can select the right foodservice distributor: Op-Editorial

Restaurant owners find themselves in a better bargaining position, but some of the biggest considerations in selecting the right distributor partnership have become more complex. Competitive pricing, reliability, distributor perks, convenience and industry know-how are reflective of some of the most important considerations...Independent restaurants will outpace chain sales growth by nearly double (independents to grow +4 to +5 percent vs. chains' +2 to +3 percent growth).

Performance Food Group 3Q 2018 financial results: Eatery Pulse

PFG reports 3Q 2018 financial results

Performance Food Group Company today announced its third-quarter and first-nine months fiscal 2018 business results: otal case volume grew 0.8 percent Net sales increased 2.7 percent to $4.3 billion Gross profit improved 7.2 percent to $558.7 million... “We are pleased with our third-quarter net sales and profitability, said President and CEO George Holm.

Fast-casuals like Wahlburgers are rapidly rising: Eatery Pulse, photo: Wahlburgers

Opportunities abound for fast casuals, despite slowing growth: Report

According to its 2018 Top 250 Fast-Casual Chain Restaurant Report, total sales growth for the top restaurant chains in the segment was just 9 percent in 2017. In 2015, Technomic reported fast casual chain restaurants were growing sales at a 11.5-percent clip. Also unit growth rate in 2015 was 9.8 percent, but in 2017, growth was just 6.1 percent...As U.S. saturation nears, chains have opportunities in underdeveloped markets, including Australia, Mexico, Saudi Arabia, Spain.