Advertisement

Waffle House CEO: Roughly 50% of locations need to be open to make a profit

Waffle House CEO: Roughly 50% of locations need to be open to make a profit CNBC's Kelly Evans is joined by Waffle House CEO Walt Ehmer to discuss how he sees the reopening of some of its locations.

Waffle House anticipates operating with limited dine-in service for “some time” as some U.S. states lift restrictions on businesses, CEO Walt Ehmer told CNBC on Tuesday.

“I think we’ll gradually start welcoming more and more customers back,” Ehmer said on “The Exchange.”

Waffle House on Monday began to offer limited dine-in capacity at 330 of its restaurants in Georgia and around 70 in Tennessee, following the relaxation of some coronavirus-related restrictions in those states.

The locations that now have partial dine-in service had remained open for carryout during the Covid-19 crisis, Ehmer said. He said those that were temporarily shuttered due to a lack of sales will, for the time being, remain closed.

Ehmer said the company is excited to give customers who were already going to the restaurants to place a to-go order the opportunity “to just sit at a distance and eat” instead of returning to their cars or trucks to do so.

“We’ve seen ... a lot of picnics in our parking lots lately,” he said.

Waffle House has instituted a variety of new operating procedures in order to keep customers and employees safe, according to Njeri Boss, director of public relations for the company.

For access to live and exclusive video from CNBC subscribe to CNBC PRO:


» Subscribe to CNBC TV:
» Subscribe to CNBC:
» Subscribe to CNBC Classic:

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

Connect with CNBC News Online
Get the latest news:
Follow CNBC on LinkedIn:
Follow CNBC News on Facebook:
Follow CNBC News on Twitter:
Follow CNBC News on Instagram:

#CNBC
#CNBC TV

cnbc,business,news,finance,investing,the exchange,stocks,economy,politics,breaking news,money,Wall Street,kelly evans,newsroom,

Post a Comment

0 Comments