Yelp findings show consumer interests in pandemic-stricken US

March 25, 2020

Yelp released its Coronavirus Economic Impact Report that shows some consumer trends developing amidst the nation's fight against COVID-19 infections…

Yum Brands closing 7,000 stores globally due to COVID-19

March 25, 2020

Yum Brands is closing 1,000 Pizza Hut Express outlets and at least 900 U.K. KFC stores in a group of 7,000 restaurant outlets the Louisville, Kentucky-based…

COVID-19 blindsided restaurateurs right from start, Ohio poll shows

by S.A. Whitehead — Food Editor, Net World Media Group

As early as March 8, as COVID-19 restrictions in the U.S. were just beginning, Ohio restaurateurs were hit with a sucker punch that knocked sales down 20…

Papa John's ekes out a win in trading, other public brands drop over tough week

by S.A. Whitehead — Food Editor, Net World Media Group

Papa John's actually managed to climb during trading over the last devastating week for the restaurant industry. Other publicly traded brands did not fare so…

Chuck E Cheese faltering since February

March 9, 2020

Chuck E. Cheese parent company, CEC Entertainment Inc. said its 2019 comp venue sales grew 2.7% over the prior year, including a 2.6% increase n those numbers…

Coronavirus, Saudi gas price-slashes rock markets at start of trading week

by S.A. Whitehead — Food Editor, Net World Media Group

Markets opened this morning amidst a firestorm of changes caused by both the worsening problems related to the coronavirus and a move by Saudi Arabia to vastly…

Pizza trading mega-movement sees Domino's stay aloft, while competitors sink

by S.A. Whitehead — Food Editor, Net World Media Group

What's going on with pizza stock trading lately? The last two weeks have left more than a few stumped as the value of mega-player Domino's stays well above the…

National Restaurant Association report projects 4% industry-wide sales growth this year

February 27, 2020

The National Restaurant Association projected 4% restaurant industry sales growth this year across service categories to a total national of a record $89…

Papa John's logs 2nd quarter of positive comp sales, loses on year

Papa John's closed the books on a tough 2019 this morning with annual losses, but glimmers of hope in its second straight quarter of comp sales increases.

Domino's investors delight as Q4 dividend soars 20%

February 20, 2020

Traders were loving Domino's Pizza this morning, after an early morning quarterly sales report that knocked pizza investors' socks off, showing U.S. Q…

Papa John's stock value spikes to near 52-week high

by S.A. Whitehead — Food Editor, Net World Media Group

Love was definitely in the air on the Nasdaq Friday, where Papa John's saw its price spike at one point to nearly its highest level in the past 52 weeks. And…

With blistering Q2 for Pie Five, Rave CEO promises leadership changes

February 12, 2020

Promising to beef up leadership in "underperforming areas" of its business, the recently named CEO of double-pizza brand company, Rave Restaurant Group…

Yum China FY19 results rosy, but 2020 coronavirus pulls business back

February 6, 2020

After watching its stock soar 43% last year, Yum China's latest financials are already sending investors to the sell column as the company makes clear that the…

US restaurants vs coronavirus: The very real things US brands can do now

by S.A. Whitehead — Food Editor, Net World Media Group

No, the coronavirus is not a major health threat in the U.S. at this time. But the fact is, that could quickly change, and there are some very real…

Domino's, Papa John's, pizza ingredient prices all down last week

From wheat and cheese to the gas that fires pizza ovens and powers delivery vehicles, all major pizza commodity prices took dives last week. The bad news is…

Papa John's on target for 90-cent annual dividend

January 30, 2020

Papa John's board said it will pay a quarterly dividend of 22 ½ cents per common share on Feb. 21 to shareholders of record on Feb. 10. The company said in a…

Yum China closes Wuhan stores due to virus, Yum Brands declares dividend

January 27, 2020

Yum China confirmed that it has temporarily closed some of its KFC and Pizza Hut stores in Wuhan, China due to the well-publicized coronavirus outbreak there…

Papa John's continues on a "roll" with traders last week

by S.A. Whitehead — Food Editor, Net World Media Group

It was a relatively dismal trading week for all but one of the nation's publicly traded pizza brands, but gas prices are giving operators a break at the store…

Papa John's, Yum up, while Domino's, Rave down, as trading week trends mirror year

by S.A. Whitehead — Food Editor, Net World Media Group

The trends established over the last 12 months at some of the world's major publicly traded pizza brands were mirrored in the trends of the last week on the…

Tasty Hut acquires 117 Pizza Huts

January 15, 2020

Rage Inc. sold 117 Pizza Hut locations in seven mostly southeastern states to Tasty Brands, a subsidiary of Tasty Hut LLC, according to a news release from…