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QSR Magazine Names Diversified Restaurant Group 2025 Franchisee of the Year
Businesswire· 2025-11-03 22:58
Core Insights - Diversified Restaurant Group (DRG) has been named the 2025 Franchisee of the Year by QSR Magazine, recognizing its innovation, development, and people-first culture [1][7] - DRG operates over 360 Taco Bell and Arby's restaurants across multiple states, making it one of the largest franchisees in the quick-service restaurant industry [5][6] Group 1: Innovation and Growth - DRG is recognized for redefining the franchise model through experience-driven development and early adoption of emerging technology [2][3] - The Las Vegas Strip Taco Bell Cantina generates approximately $8 million annually, showcasing DRG's impact on the franchise landscape [2][3] - DRG has expanded rapidly since its founding in 2014, focusing on growth in Northern and Southern California, Nevada, and Kansas City [3][5] Group 2: People-First Culture - The company emphasizes a people-first culture, investing in team members through programs like tuition reimbursement [4] - DRG actively supports community initiatives, raising over $220 million for the Taco Bell Foundation's Live Más Scholarship since 2019 [4] - The company promotes inclusion through its Women's Leadership Network and partnerships with organizations like the Boys & Girls Clubs of America [4]
Wendy's Gears Up for Q2 Earnings: Here's What You Must Know
ZACKS· 2025-08-06 17:57
Core Viewpoint - The Wendy's Company is expected to report second-quarter 2025 results on August 8, with earnings anticipated to decline due to soft consumer demand and weak traffic trends [1][10]. Group 1: Earnings and Revenue Estimates - The Zacks Consensus Estimate for earnings is set at 25 cents per share, reflecting a 7.4% decrease from the previous year [2]. - Revenue is projected at $555.5 million, indicating a decline of 2.7% compared to the same quarter last year [2]. Group 2: Factors Impacting Performance - The company's second-quarter performance is likely to be negatively impacted by soft consumer demand, particularly among lower-income households, which have reduced spending by high single to low double digits [3]. - Quick-service restaurant traffic trends have shown mid-single-digit declines in the first quarter, with no signs of recovery in early second-quarter 2025, limiting Wendy's growth potential [4]. Group 3: Strategic Initiatives - Wendy's has launched several initiatives, including the "100 Days of Summer" campaign and new Frosty collaborations, aimed at adapting to changing consumer preferences; however, these initiatives began rolling out late in the quarter, limiting their immediate impact [5]. Group 4: Sales and Margins - Total U.S. sales for Wendy's are predicted to decline by 4.6% in the second quarter, while international sales are expected to increase by 9.3% year over year [6]. - The bottom line is anticipated to decline due to commodity inflation and an uncertain macro environment, with total costs and expenses expected to decrease by 1.5% to $464.2 million [7]. - Adjusted EBITDA is projected to decline by 2.4% to $139.7 million, with the Adjusted EBITDA margin increasing by 10 basis points to 25.2% [8].