Captain D’s names its ‘Supplier of the Year’, reports successful Q2
Fast-casual seafood restaurant chain Captain D’s has reported another quarter of growth, with a 3.1 percent system-wide hike in store sales, making this the 19th consecutive quarter that the company has seen positive gains.
The restaurant chain has also noted a surge in developing franchises, with new restaurants likely to bring more opportunity and success for the foodservice enterprise, the company said.
“Our talented franchisees and company operators are the backbone of Captain D’s, and their dedication to our passionate guest-centric culture has been a driving force behind our company’s year-after-year compounding success,” said Phil Greifeld, chief executive officer and president of Captain D’s, in a prepared statement. “We are also highly enthused about the strong success that our new restaurants openings are experiencing. At D’s, our success is driven by our team’s dedication to innovation and continually evolving our brand, while staying true to our guest-centric roots. We are thrilled by the consistent growth we’ve experienced as a result.”
Captain D’s also attributes its success to its seafood suppliers, with the chain awarding one supplier, Southstream Seafoods, with the ‘Supplier of the Year’ during the restaurant’s biennial convention in Florida. “Southstream Seafoods, founded in 1989, delivers consistent label, top quality and superior raw materials,” said the company.
Southstream, which is based in Rhode Island, has been supplying species such as pollock and flounder to Captain D’s and its 514 storefronts for over 15 years.
Promotions of new limited-time offer (LTO) items such as the D’s jumbo coconut shrimp and fried green tomatoes and fried pickles fared well for Captain D’s during Q2, as did a new television campaign, “Who was Captain D?", which details the history of the brand. In addition, a new beach-themed restaurant design has been applied to 50 percent of storefronts, with another 50 slated to be redesigned by the end of the year, has also been positive for the chain, it said.