Lexington / KY. (fg) Fazoli’s Group Inc., America’s largest fast casual Italian chain, announced a 5.1 percent same-store sales increase at its franchise-owned restaurants during its fiscal year second quarter ending September 30, 2016. Additionally, the company, owned by Sentinel Capital Partners, has now experienced 14 consecutive quarters of same-store sales growth.
«We are pleased to report Fazoli’s continued sales growth for the first half of 2016», said Carl Howard, president and chief executive officer of Fazoli’s. «The key to our company’s success has been listening to and understanding our guests’ tastes and preferences and adjusting our brand strategy accordingly. In the last 12 months, we have upgraded our menu, launched a best-in-class catering program, and are in the process of rolling out new guest-facing technology with more updates forthcoming. There has truly never been a better time for our brand and it is showing in our sales trends and strong franchise development».
In addition to robust sales growth, Fazoli’s experienced its most successful franchise grand opening to date in September. Fuelled by guest nostalgia, Fazoli’s marked its return to Warner Robins, Georgia, after nearly two decades of absence. To date, the company has opened 10 new restaurants across the country with plans to open an additional two locations by the end of the year.
Furthermore, Fazoli’s franchisees are experiencing nearly three times the industry average growth rate, with new franchised restaurants continually setting new company-wide records. To further attest to the brand’s success, Fazoli’s has produced positive same-store sales growth in 17 of the last 18 quarters. «The team and I remained focused on food quality and service and we remain passionate about elevating both of these areas in 2017», continued Howard.
In 2011, Fazoli’s underwent a major brand overhaul with the introduction of real plateware and silverware in lieu of foam plates and plastic cutlery. As part of the brand refresh, earlier this year, Fazoli’s began remodelling some of its locations with a new, contemporary look and feel. In addition, the company introduced an upgraded menu using premium ingredients, which has been well received by guests. This, coupled with the company’s strong performance, continues to drive its expansion. To further catapult the brand’s development nationwide, Fazoli’s is targeting new markets for expansion including Atlanta, Cincinnati, Dallas, Detroit, Knoxville, Phoenix, Pittsburgh and several other cities.
With nearly 220 restaurants in 24 states, Fazoli’s is America’s largest Italian fast-casual chain, serving freshly prepared entrees, Submarinos sandwiches, salads and pizza. Fazoli’s franchisees are experiencing record sales growth, and the company is currently seeking single- and multi-unit operators to join the brand’s rapid expansion.
OTHER TOPICS FROM THIS SECTION FOR YOU:
- Cloetta AB: announces Q2-2024 interim report
- Axfood AB: Reports Q2-2024 Financial Results
- Chef Robotics: Launches AI-Powered Food Robot
- Conagra Brands: Reports Fourth Quarter 2024 Results
- Limerston Capital sells Village Bakery to Groupe Menissez
- GrubMarket: Buys Major Foodservice Company in Texas
- Lantmännen acquires Entrack AB
- DPC Dash: Concludes H1-2024 with Sustained Expansion
- Norway: Orkla Food Ingredients acquires FDE
- Fondo Italiano d’Investimento co-invests in Casa della Piada
- Greggs: invests in a new frozen manufacturing and logistics site
- Bundeskartellamt imposes fine against «Fritz!» manufacturer AVM
- Yum China: Celebrates Opening of its 200th KCoffee Store
- Beijing intends to roll out 5’400 food production robots
- K-Citymarket: sees significant sales growth in Finland
- DPC Dash: reaches 900-store milestone in China
- Coffee Holding: Terminates Merger with Delta Corp Holdings
- Perkins Restaurant + Bakery: introduces new brand identity
- Engelmans Bakery: acquires St. Armands Baking Company
- National DCP: Breaks Ground on New Distribution Center