Update from Restaurantdata.com on growing and emerging restaurant concepts
New benefits program and increased retention rates propel performance at the manager and crew level
Board elects David Gibbs as Chief Executive Officer of Yum! Brands - Gibbs will succeed Greg Creed who announces decision to retire after 25-year career with the Company
One concession will open in PPG Paints Arena, home to the National Hockey League's Pittsburgh Penguins, and will be open for the 2019-2020 hockey season. The second, inside FirstEnergy Stadium and home of the National Football League's Cleveland Browns, opened on August 8 for the first preseason game.
Brinker International's Company sales in the fourth quarter of fiscal 2019 increased 1.7% to $804.8 million compared to the fourth quarter of fiscal 2018. Total revenues in the fourth quarter of fiscal 2019 increased 2.1% to $834.1 million compared to the fourth quarter of fiscal 2018
Revenue totaled $38.9 million, up 5.1% despite one fewer restaurant - Same-store sales increased 5.8% with both traffic and average ticket up