This week, on the Extra Serving podcast, NRN editors Holly Petre, Sam Oches, Leigh Anne Zinsmeister, and Alicia Kelso continued their discussion of earnings season.
After the barrage of earnings last week, this week seems calm in comparison, but the NRN editors saw several interesting chains report and are starting to get more color on the season as a whole.
Traffic remains a big throughline of earnings season, and this week we saw CAVA buck all trends and post 7.8% increases in traffic while maintaining profitability.
On the other hand, Sweetgreen is yet to become a profitable company several years after it debuted on the stock market.
At some brands, name recognition is the number one priority. Dutch Bros is aiming to become a household name by quintupling its unit count over the next few years, and El Pollo Loco is trying to be a national brand again.
The NRN editors also talked about Shake Shack, The Cheesecake Factory, Noodles & Company, Bloomin’ Brands, and RBI. As Alicia Kelso says, stay tuned.
This week’s interview is Blaze Pizza CEO Beto Guajardo.
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