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On this week’s Extra Serving, NRN editor in chief Sam Oches and executive editor Alicia Kelso recap another week of Q1 earnings reports. This week brought more optimistic news than last, with companies like Burger King, Noodles & Co., and Dine Brands reporting better than expected (albeit in some cases still negative) results. First, though, Sam and Alicia explore breakfast and family dining chains, several of which are struggling to maintain the momentum that the morning daypart had built the past few years. First Watch and Denny’s both reported negative results, while Krispy Kreme’s revenues plummeted by 15%, leading to a pause of its distribution relationship with McDonald’s. Is this all a product of the shaky economy or are consumers pulling back on their breakfast spend in particular? Sam and Alicia discuss. Senior editor Joanna Fantozzi then joins for this week’s extra serving to talk about DoorDash’s two recent acquisitions — Deliveroo and SevenRooms — and what they suggest about the direction that the third-party delivery platform might be heading. Finally, we share an interview between managing editor Leigh Anne Zinsmeister and Layne’s Chicken Fingers CEO Garrett Reed.
For more on these stories:
Noodles & Company to close more restaurants although sales and traffic are improving
Denny’s meets ‘challenging start to the year’ with aggressive BOGO deal
Krispy Kreme pauses McDonald’s rollout amid slower-than-expected demand
DoorDash expands global reach with $3.9B Deliveroo, $1.2B SevenRooms acquisitions
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2727 ratings
On this week’s Extra Serving, NRN editor in chief Sam Oches and executive editor Alicia Kelso recap another week of Q1 earnings reports. This week brought more optimistic news than last, with companies like Burger King, Noodles & Co., and Dine Brands reporting better than expected (albeit in some cases still negative) results. First, though, Sam and Alicia explore breakfast and family dining chains, several of which are struggling to maintain the momentum that the morning daypart had built the past few years. First Watch and Denny’s both reported negative results, while Krispy Kreme’s revenues plummeted by 15%, leading to a pause of its distribution relationship with McDonald’s. Is this all a product of the shaky economy or are consumers pulling back on their breakfast spend in particular? Sam and Alicia discuss. Senior editor Joanna Fantozzi then joins for this week’s extra serving to talk about DoorDash’s two recent acquisitions — Deliveroo and SevenRooms — and what they suggest about the direction that the third-party delivery platform might be heading. Finally, we share an interview between managing editor Leigh Anne Zinsmeister and Layne’s Chicken Fingers CEO Garrett Reed.
For more on these stories:
Noodles & Company to close more restaurants although sales and traffic are improving
Denny’s meets ‘challenging start to the year’ with aggressive BOGO deal
Krispy Kreme pauses McDonald’s rollout amid slower-than-expected demand
DoorDash expands global reach with $3.9B Deliveroo, $1.2B SevenRooms acquisitions
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