Restaurants

Chili's launches new craft hamburgers to battle unsavory sales

Chili's adding new two craft burgers
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Chili's adding new two craft burgers

Chili's is hoping to regain a foothold in the burger wars with a new lineup of craft burgers.

The chain, owned by Brinker International, has seen same-store sales slide for four straight quarters, the result of menu fatigue and dwindling foot traffic, according to TheStreet.

New burgers like the "Sunrise Burger" — a beef patty topped with pepperjack cheese, bacon, lettuce, onion, tomato, special sauce and an egg — and the "Ultimate Bacon Burger" — double the bacon with cheddar, spicy buffalo sauce, pickles, jalapeno aioli, onion, tomato and honey chipotle sauce — are a last ditch effort to boost sales.

"Our goal for the new campaign was to figure out how do we take a brand that everyone thinks they know everything about and make people sit up and listen," Krista Gibson, chief marketing officer for Chili's, told TheStreet. "The answer is to tell them something unique that they don't know, and, for us that's our heritage story."

Shares in the company are down more than 16 percent year over year, and the majority of Wall Street analysts have a "hold" rating for the stock.

Read the full report from TheStreet