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Did IHOP's IHOb Campaign Drive Sales? The Results Are In

Let’s face it. Love or hate IHOP’s IHOb campaign, we all want to know how it fared. Dine Brands’ second-quarter review was the first chance to really get a handle on some of the concrete data behind one of the most buzzed-about promotions in recent history.

Does America Love Applebee's Again?

Has America rediscovered its love for Applebee’s?That’s the belief of John Cywinski, president of the nation’s largest casual-dining chain, following the highest quarterly domestic sales increase in more than a decade.

Denny's Shifts Course as Value Wars Heat Up

Since 2009, Denny’s has opened more than 500 restaurants, which represents about 30 percent of its entire system and is one of the more impressive growth charts in casual dining. Following its second-quarter review July 30, the brand revised its outlook for fiscal 2018 for total operating revenue to $626–$634 million from $634–$642 million.

Squeezed by Labor, Texas Roadhouse Won't Change What it Stands For

Texas Roadhouse has battled labor inflation for some time now. That’s not an uncommon thread throughout the industry, especially as unemployment continues to drop and the market tightens. Brands have lifted prices, or turned to technology, like kiosks and tablets, to lessen the burden in many cases.

The Reason Outback's Success Story has Staying Power

To peek into the nature of Outback’s shifting business, the word “discount” was mentioned 18 times during Monday’s second-quarter conference call. In this case, it was used to illustrate how the iconic steakhouse has redirected a strategy once featured without pause in casual dining.

Restaurant Sales Continue Positive Streak in June

While slow and steady, restaurant sales are still trending in the right direction, according to TDn2K’s latest Black Box Intelligence, which gathers weekly sales data from more than 30,000 locations representing 170-plus brands and nearly $70 billion in annual sales.

P.F. Chang's to Explore Sale, Owner Says

The owner of P.F. Chang’s Bistro said now “is an exciting time to explore a sale,” a move that could help the chain deal with debt burden of about $680 million. Centerbridge Partners and the Board of Managers of Wok Parent LLC announced they have retained BofA Merrill Lynch and Barclays to explore a potential sale of the Asian chain, which Centerbridge acquired in 2012 along with fast casual Pei Wei in a deal valued at $1.

Should Your Restaurant Partner with a Private-Equity Firm?

For restaurant operators that want to grow and need funding, partnering with a private-equity investor can be a good place to start, as long as operators fully consider the pros and cons.Private-equity firms can provide significant benefits to a restaurant company, such as providing the financial backing that can fuel substantial growth.

AccorHotels to Invest $319 Million in Umami Burger Parent Company

AccorHotels and sbe Entertainment Group signed a Letter of Intent and entered into exclusive negotiations for AccorHotels to acquire a 50 percent stake in sbe, further illustrating AccorHotels's strategy to expand its offering in the luxury lifestyle hospitality segment.

How Darden Artfully Built LongHorn Into a Steakhouse Juggernaut

Much of what has taken place at LongHorn Steakhouse in recent years counteracts the casual-dining playbook of old. Simplify and shrink the menu, but improve loyalty and accelerate same-store sales. Historically those results just don’t co-exist in the same battlefield.

Beef ‘O’ Brady’s Reports Strongest Quarter in 30-Year History

Beef ‘O’ Brady’s, a family-friendly sports bar and restaurant franchise, entered the second quarter of 2018 poised with rapid growth momentum. The brand has undergone a number of strategic changes within the last 12 months, including an entirely refreshed brand image, renovations to existing locations and a revamp of the menu.