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Famous Dave's Sees Improvement as Transformation Continues

Famous Dave’s is on its way to becoming a leaner, higher-performing restaurant company. The 151-unit barbecue chain closed 13 restaurants in fiscal 2017, which drove down its total revenue nearly 28 percent in the fourth quarter to $12.

BJ's Restaurants Wants to Become 'Best Casual-Dining Concept Ever'

BJ’s Restaurants’ ultimate goal isn’t a complicated one. As chief executive officer Greg Trojan frankly put it, the 197-unit brand is on a “quest to be the best casual-dining concept ever.” To get there, BJ’s understood that 2017 needed to be a transformational 12 months.

Behind Off-Premise Growth, Red Robin Storms Back

Red Robin’s fourth-quarter performance caught executives a bit off guard—in a good way. The casual dining chain’s leaders weren’t the only surprised parties, either. Red Robin’s revenue of $342.

Romano’s Macaroni Grill Emerges from Bankruptcy

Romano’s Macaroni Grill announced February 22 it has emerged from Chapter 11 bankruptcy. Mac Acquisition LLC, the owner of the Italian chain, filed for bankruptcy protection October 18, citing a shift in customer preference and an “overall downturn for the casual dining industry.

Here's Why Texas Roadhouse is Cooking the Competition

Texas Roadhouse isn’t immune to some of the crunches facing casual dining. The 527-unit brand stared down labor inflation in 2017 and raised prices about 0.3 percent across its U.S. system. But, as chief executive officer Kent Taylor put it Tuesday afternoon during a conference call, Texas Roadhouse is “feeling some very cool vibes for 2018.

Cracker Barrel Continues Strong Run Into Second Quarter

Cracker Barrel reported its earnings for the second fiscal quarter of 2018 on February 20, outperforming industry estimates and carrying forward momentum from the first quarter.Restaurant and retail sales boomed for Cracker Barrel, which outperformed the casual dining industry as a whole during the quarter.

Fogo de Chão Sold to Firm for $560M in Cash

Fogo de Chão, Inc. announced Tuesday it has entered into an agreement to be acquired by Rhône Capital in an all-cash deal valued at $560 million, or $15.75 per share. The figure represents a 25.5 percent premium to the company’s closing shares on February 16.

A Revitalized Denny's Surges Into the New Year

Denny’s began 2017 on rocky footing, just like most of its casual-dining peers. But widespread upgrades, especially on the digital front, helped the brand bounce back and keep its positive sales streak in tact.

January Freezes Sales Momentum for Restaurants

January froze some of the restaurant industry’s recent sales momentum, but it might not be time to sound the alarm just yet. TDn2K’s latest The Restaurant Industry Snapshot, which gathers data from weekly sales of more than 30,000 restaurant units and 170-plus brands, showed same-store sales declines of 0.

5 Cost-Effective Ways to Upgrade Your Beverage Menu

When Cowlaboration #8 dropped last December, Luke Shimp could only smile.The owner of Red Cow, a four-unit, Minneapolis-based chain, Shimp knew the company’s latest collaboration with a local brewery—a ruby-red cranberry sour developed with nearby Indeed Brewing Company—represented the continuation of an innovative endeavor that has propelled Red Cow’s marketplace standing and performance.

Arby's Plans to Keep Buying Chains After Buffalo Wild Wings

Buffalo Wild Wings is just the first piece of a potential restaurant empire. Arby’s Restaurant Group’s $2.9 billion deal, which closed Monday, will signal the beginning of Inspire Brands Inc., chief executive Paul Brown told The Wall Street Journal.

Shareholders Stump J. Alexander’s Merger with Ninety Nine

A special meeting of shareholders appears to have ended the proposed merger of J. Alexander’s and Ninety Nine Restaurant & Pub. Shareholders voted down the deal, the company announced Thursday, saying it “expects that the merger agreement will be terminated.