Seafood chain Captain D's put up strong numbers to finish 2014, with same-store sales climbing 5.7 percent from the last three months of 2013. For the full year, the Nashville-based company grew same-store sales 4.1 percent — almost a full point higher than in 2013. President and CEO Phil Greifeld and his team also plan to ramp up the pace of restaurant remodels in 2015. View the company's press release here.
Seafood restaurant chain Captain D's finished 2013 on a tasty note, with fourth-quarter same-store sales growing 2.6 percent from the year before. For all of last year, growth was 3.2 percent, driven in part by the rollout of 60 new or remodeled restaurants sporting the company's new design pictured here.
"Captain D's success is only just beginning," said CEO Phil Greifeld. "Our talented team continues to implement a systematic strategy that has seen consistent success with our current units, ensuring that any unit we add will be able to reap the financial benefits of our proven model."
The impressive turnaround at Captain D's under CEO Phil Greifeld gathered steam in the third quarter, with same-store sales climbing 10.8 percent from a year ago. The numbers were even better at company-owned locations, and Greifeld says his team's new franchising push is finding receptive ears.
“Our positive turnaround and growing success is attributable to our entire organization of talented people and to their ongoing commitment to creatively fulfill Captain D’s corporate value of providing our guests with an excellent dining experience every day. Our commitment to our guests – in everything we do - has elevated our guest experience and our brand alike,” said Phil Greifeld, CEO and President of Captain D’s.
The train Phil Greifeld has put on the rails at Captain D's isn't losing any steam despite renewed macroeconomic worries. The Nashville-based seafood chain posted its second straight same-store gain of 8.5 percent at company-owned stores, while growth at franchised stores rose more than 7 percent.
Captain D's CEO Phil Greifeld tells Nation's Restaurant News that his company set weekly sales records in February and posted same-store sales growth of about 8 percent in the first quarter. Even better, Greifeld says, is that the gains are coming mostly from getting more people in the door.
“We really committed ourselves to putting the guests first,” he said. “That’s enabled us to marshal our resources in a very united direction to improve all aspects of our business: restaurant execution, bringing in people with the drive to succeed, creative marketing, great products and great price points. The list goes on … but it’s about returning to basics with clean restaurants and friendly service.”
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