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Chili’s wants to get delivery right | Food Business News

Maggiano’s company-owned comparable restaurant sales increased 0.4% in the quarter.  Company sales were $101.8 million, up 0.2% from $101.6 million in the previous year’s third quarter.

“Our consumers are in a good place,” Mr. Roberts said. “Economically, with record low unemployment and income growth now expanding throughout the middle class, more people are choosing to dine out, which is strengthening our whole industry right now, and we see this into the foreseeable future.

“While this environment does allow some pricing power to help manage costs, we’ve chosen to maintain a tight pricing strategy, staying in our targeted range of 1.5% to 2%, which we did take late this quarter. We believe this discipline further strengthens our value position for the long run versus taking a more aggressive approach to pricing.”

Companywide over the nine-month period ended March 27, Brinker International had net income of $108.2 million, or $2.80 per share on the common stock, which was up 32% from $82.1 million, or $1.76 per share, in the same time of the previous year. Total revenues were $2,383.8 million, up 2.8% from $2,318.3 million.

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Chili’s wants to get delivery right | 2019-05-01 | Food Business News.

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