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Del Frisco’s Could Sell Sullivan’s Steakhouse

Del Frisco’s Restaurant Group is exploring strategic alternatives for its Sullivan’s Steakhouse brand, a process that could include a potential sale, executives said in the company’s fourth-quarter review.

Bravo Brio Being Sold for $100 Million

BRAVO! Cucina Italiana and BRIO Tuscan Grille parent Bravo Brio Restaurant Group (BBRG) announced Thursday (March 8) that it was acquired by Switzerland-based Spice Private Equity Ltd., an affiliate of GP Investments.

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.