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Article By: Arpita Dutt
Monday, November 21, 2016 11:10 AM EDT
The U.S. restaurant industry is facing a tough operating environment with factors like rising labor costs, increasing employee turnover, declining traffic and higher non-discretionary spending weighing on the sector.
Article By: Zacks Investment Research
Friday, August 5, 2016 1:18 AM EDT
Company-operated restaurant sales were $90.9 million, compared with $83.6 million in the year-ago quarter. The 8.7% growth was mainly due to the opening of 18 new restaurants during and subsequent to the second quarter of 2015.