Fazoli's posts best November sales growth since '98
Dec. 14, 2011
by Eric Schroeder
LEXINGTON, KY. — Fazoli’s, the United States’ largest premium Italian quick-service restaurant chain, posted its best November performance since 1998, as year-over-year comparable store sales increased 6.6%. The company now has posted 17 straight months of same-store sales increases for both company and franchised restaurants.
“Our strategy is to deliver casual dining quality food at quick-service prices,” said Carl Howard, president and chief executive officer. “It is proving to be the right approach for this brand as Fazoli’s is clearly right for the times.”
Mr. Howard said Fazoli’s should continue to do well in 2012.
“Even if the economy improves in 2012, consumers will continue to be very value-oriented,” he said. “But price is just part of ‘value’ — you need to have great tasting food, outstanding service and an environment that guests enjoy, which is why Fazoli’s is experiencing such strong sales.”
Founded in 1988 and acquired by Sun Capital Partners in 2006, Fazoli’s operates more than 220 restaurants.