Extra Serving: A restaurant industry podcast · January 17, 2025 · 52 min

Shake Shack’s big growth goals, Papa Johns’ course correction, Twin Peaks’ IPO

On this week’s Extra Serving, NRN editor in chief Sam Oches and executive editor Alicia Kelso discuss the biggest headlines coming out of the ICR Conference, which was held last week in Orlando. First they talk about Papa Johns, whose CEO, Todd Penegor, said the company would leverage local-store marketing, tech investments, and menu innovation to turn sales around. Next up is Shake Shack, which is aiming to nearly quadruple its store count through smaller boxes and drive thrus, according to CEO Rob Lynch. Then they talk about Portillo’s, which energized shareholders by committing to more growth in its restaurant of the future. Finally, in this week’s extra serving, senior editor Ron Rugglessjoins to talk about Twin Peaks and its plan to file its IPO on January 30.    For more on these stories:   Papa Johns CEO looks to address past missteps with a back-to-basics strategy Shake Shack quadruples target footprint to 1,500 stores Portillo’s plan to drive traffic includes computer vision, loyalty On cusp of IPO, Twin Peaks CEO shares how sports bar chain has redefined category