Search Results for: john-gordon
Restaurants: Caution: Banana Peels Lurking Ahead by John Gordon, Principal and Founder, Pacific Management Consulting Group Time for thoughtful planning and execution ahead. The industry has made it successfully into mid-September, seasonally the second slowest point of the year. Cable TV is full of QSR brands running discount-oriented offers (Dominos Pepperoni Bread, for example), and others
Read More
Restaurants: Notable New News Seen Recently by John Gordon, Principal and Founder, Pacific Management Consulting Group The March 2020 Pandemic changed global business and society in every way imaginable. Our industry, a service industry essentially based on commercial fixed assets working with and serving guests was fundamentally affected. We are recovering but with many issues remaining.
Read More
Restaurants: Ever Changing Dynamics by John A. Gordon, Principal and Founder, Pacific Management Consulting Group The good news in June sales…. The Bank of America credit/debit report shows improved restaurant sales trends in June vs. May in all but one restaurant segment and in all consumer income cohorts. Versus a year ago, chains were up 5.1%
Read More
Restaurants: A Simple Reason for why Restaurants Have Been Posting Negative Traffic; And Other Lessons Learned Recently by John A. Gordon, Principal and Founder, Pacific Management Consulting Group What has been learned through the end of Q1 earnings: Although surveys of consumer tightening of restaurant spending are everywhere (traffic oriented ), sales have generally kept pace,
Read More
Restaurants: Be On Alert For June Developments by John A. Gordon, Principal and Founder, Pacific Management Consulting Group A look at the big picture…we are half way through Q1 earnings and the results have been good. The best QSR global brand indicators, McDonald's (MCD) YUM and Starbucks (SBUX) posted very good US and international sales and
Read More
Restaurants: The Need to Look Under Every Rock by John A. Gordon, Principal and Founder, Pacific Management Consulting Group Moving now into the seasonally higher sales Quarter 1 period, all things considered, the restaurant industry has recovered well. Consider that three years ago we were at a dead stop; only a few drive-thru concepts had any
Read More
Restaurants: Trying to See Properly in a House of Mirrors by John A. Gordon, Principal and Founder, Pacific Management Consulting Group Notable Anniversary Upon Us: By the time the Executive Connection is published, we will have hit the 3rd anniversary of COVID hitting the world and rendering such death, destruction, and disruption. Our world, our business,
Read More
RESTAURANTS: PONDERING EARNINGS by John A. Gordon, Principal and Founder, Pacific Management Consulting Group Q4 Earnings to date… We are in the middle of the Q4 earnings cycle and have had Darden, McDonald’s, YUM, Chili’s, Starbuck’s and Chipotle so far. The bulk of the casual diners and more QSRs and a few fast casuals will be
Read More
Restaurants: The 2023 New Year’s Look by John A. Gordon, Principal and Founder, Pacific Management Consulting Group Personnel and M&A Moves Now Abound So, with the New Year upon us, some personnel and M&A moves are now upon us. Both McDonald's and Wendy’s signaled people changes and new corporate reorganization charts, targeted at reducing the number
Read More
Restaurants: We Should be Looking Ahead, to 2024 by John A. Gordon, Principal and Founder, Pacific Management Consulting Group Merry Christmas and Happy Holidays forthcoming! So I am back from the Restaurant Finance and Development Conference. 3300 people attended, the most ever. There were two other major restaurant events in the world that week. I had
Read More
