Chili’s – low-income demo is showing weakness, especially during periods of elevated gas prices.

Applebee’s – 7% pricing & trade-down offset by weakening consumer sentiment.

Denny’s – results reflected +6.5% pricing, +3% mix & -7% traffic. Units open 24/7 outperform by mid teens.

IHOP – results helped by +10% in pricing & trade-down from higher-end restaurants partially offset by weakening consumer sentiment.

McDonald’s – results reflected +8% to +9% price increase (70% flow-through), lower units/transaction & flat traffic.

Jack in the Box – fewer transactions, reduced operating hours, unfavorable mix & lower units per transaction mostly offset by a +9% price increase.

Wendy’s – results attributed to a balanced marketing calendar & strategic price increases offset by traffic decline.

Burger King – corporate reported that it continues to narrow the gap versus industry performance.

Papa John’s – premium menu innovations; tech integrations with DSPs; and strategic menu pricing (+7% to +8%).

Domino’s – sales continue to be pressured by a shortage of delivery drivers and perhaps by a +6% price hike.

Pizza Hut – delivery driver shortage is being addressed by delivery as a service & DSP partnerships.

Wingstop – LSD comp guidance supported by wing deflation, value bundles & indulgence offered by wings.

Popeyes – digital sales grew +8% to an 18% mix.

KFC Рa difficult lap over stimulus and the successful launch of its chicken sandwich platform.