Restaurant News Resource & : Restaurant Financial News
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The article outlines seven actionable steps hospitality business owners can take after being denied a small business loan, including reviewing the denial reasons, improving financial documentation, exploring alternative lenders, and strengthening credit profiles to enhance future financing prospects.
The Federal Reserve has decided to maintain the current interest rates, although there is a possibility of an increase in 2026, a move that could affect the financial strategies of hospitality businesses.
In 2025, WaBa Grill, a fast-casual dining chain, reported a 7.1% rise in sales from its existing outlets, indicating a positive trend in the sector's performance.
Q3 product launch is most successful in brand history; new head of marketing joins executive team
Good Times Restaurants Inc. (Nasdaq: GTIM) announced that same store sales decreased 0.1% for its Good Times brand and increased 3.2% for its Bad Daddy’s brand for its fourth fiscal quarter ended September 24, 2024
Global retail sales growth (excluding foreign currency impact) of 5.1%; U.S. same store sales growth of 3.0%; International same store sales growth (excluding foreign currency impact) of 0.8%
Until there is more progress on inflation, the Federal Reserve will be hesitant to pull back on interest rates.
Restaurant General Managers Will Receive Special Equity Grant
Outlook delivers 40,000 restaurants, $60B in system-wide sales and $3.2B in Adjusted Operating Income by 2028
Q1 Comparable Store Sales Up 5% Globally; Up 5% in North America; Up 7% in International
