September 2018

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Control of the NRA Show Shifts to Winsight

The National Restaurant Association will no longer manage or own its annual convention, commonly called the Restaurant Show.

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Court Shoots Down Dine Global (DIN) in Applebee’s Franchise Termination Case

A main point of contention in the bankruptcy case of RMH Franchise Holdings is whether their franchise agreements were terminated prior to a bankruptcy filing. A court says, "No."

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Darden (DRI) Has Excellent Quarter In Still Tough Environment, What’s Cooking?

Darden Restaurants (DRI) has just proved to be the exception to the recent rule among restaurant operators. They reported an excellent quarter, with blended same store sales up 3.3%, and traffic up a bit, which hardly anybody else is accomplishing. Visit www.rogerlipton.com to view free restaurant company descriptions and other articles.

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Restaurants To Bear the Brunt of Rising Distribution Costs

Piper Jaffray analysts Nicole Miller Regan and Josh Long’s recent conference call on foodservice distribution isn’t good news for restaurant chains looking for falling food commodity costs to offset rising labor expense.

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Cracker Barrel's Fourth Quarter—A Metaphor For The Industry?

If anybody thinks it is getting any easier out there, Cracker Barrel's report yesterday should provide a dose of reality. Comp sales declined 0.4% in the fourth quarter ending July 31, but the average check increased by 3.5% (menu price increase was 2.7%), so traffic was down about 3.5%. Visit www.rogerlipton.com to view free restaurant company descriptions and other articles.

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Dave & Buster's (Play) Reports Q2—Stock Up 7%—How Is Big Bet (Virtual Reality) Doing?

Dave & Buster's Entertainment reported their second quarter results last Thursday and the stock responded positively, up 7-8% on the slight sales "beat," the more material EPS beat, and positive company commentary regarding results of the new Virtual Reality platform. Visit www.rogerlipton.com to view free restaurant company descriptions and other articles.

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