Category: Report Announcements

Sonic

by Wally Butkus | Jan 24, 2022 | Report Announcements | 0

Sonic’s positioning works well in the current operating environment and, hopefully, will translate into new development, a national footprint and sufficient marketing scale to properly communicate the brand’s strong core equities.

Pizza Hut

by Wally Butkus | Jan 14, 2022 | Report Announcements | 0

While Pizza Hut’s positioning is improving, the brand must still address value in a tough economic environment while it simultaneously completes its asset conversion in order to finish its evolution into a relevant competitor in the very challenging pizza segment.

Annual Databook

by Wally Butkus | Jan 10, 2022 | Report Announcements | 0

Annual RR Databook provides benchmarking data for the $1B+ Chains including unit level sales & margins, new build costs, valuations, systemwide sales and unit counts by state.

New Unit Investment & ROI

by Wally Butkus | Jan 2, 2022 | Report Announcements | 0

Sky rocketing COGs & labor costs are driving sharply lower new build ROI which, in turn, is driving a move towards smaller footprint stores optimized for digital & off-premise as well as increasing use of ghost kitchens.

KFC

by Wally Butkus | Dec 11, 2021 | Report Announcements | 0

While KFC is making Southern fried chicken cool again, inflationary pressures pose a challenge to keep things affordable for its traditional low-income demo.

Jersey Mike’s

by Wally Butkus | Dec 9, 2021 | Report Announcements | 0

Jersey Mike’s is well positioned to maintain sales outperformance by leveraging its core equities around off-premise, a compelling quality/service positioning, a brand commitment to give back to its customers as well as its communities and effective digital/loyalty marketing efforts.

3Q21 Same Store Sales

by Wally Butkus | Nov 24, 2021 | Report Announcements | 0

3Q:21 comps increased +11.7% y/y for the $1B+ Chains and +11.3% on a 2 yr. stacked basis as all segments of the industry have fully recovered.

Carl’s Jr.

by Wally Butkus | Nov 15, 2021 | Report Announcements | 0

Strong YTD comps through 9/21 reflect drive-thru benefit and traction with the brand’s menu and marketing improvements. All-the-same, high rent and labor costs on the West Coast make it difficult for the brand to sustain price value as a premium positioned brand in an increasingly price sensitive market post-stimmy.