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Stock impact report

Restaurant Brands Are Launching Higher-Ticket Family Meals To Ease Sales Declines [Forbes]

Noodles & Company (NDLS) 
Last noodles & company earnings: 2/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: noodles.com
Company Research Source: Forbes
Qdoba's new Family Meal was created to feed a group of five.In 2016, Americansstarted spending moreCOVID-19 has pushed this pendulum in the opposite direction.As restaurants fight for their very survival, losing $100 billion in sales in less than two months, grocery stores are on a completely opposite trajectory.According to Black Box IntelligenceThe whole thing presents a bit of a paradox. We’ve spent the past four years not cooking as much and so having to do so all of a sudden can feel a bit outside of our comfort zone. As such, a number of restaurant brands have pounced on a marketing opportunity–a rare silver lining in an otherwise devastating narrative–by introducing meals meant to feed full families for two or more occasions.Today In:Consider the past two weeks alone: Noodles and Company introduced Noodles Family Meals, while Qdoba launched a new family meal, Buffalo Wild Wings and Carl’s Jr. are both promoting new family bundles, Zaxby’s has new Zax Family Packs, Chick-fil-A l Show less Read more
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