McDonald's Corp
Jim Cramer says he likes these 3 restaurant stocks for a ‘normalizing’ economy
CNBC’s Jim Cramer on Thursday offered investors a list of his favorite stocks in the restaurant industry that he believes will do well as the economy eventually stabilizes. “Maybe the economy’s normalizing here, or at least the Fed chief thinks it could be soon to normalize. And in a normal environment, stock picking is much […]
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‘Dividend aristocrats’ trounce the market when a recession hits — 10 names to buy now from Wolfe Research
Investors considering the looming threat of a recession next year could snap up these “dividend aristocrats” that historically outperform in a downturn, according to Wolfe Research. Dividend aristocrats have a long track record of raising dividends. What’s more, these stocks typically outpace the broader market heading into and out of a recession, according to Wolfe […]
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Inflation forces mom and pop restaurants and chains like McDonald’s to lean on their strengths
Customers at a McDonald’s restaurant Scott Mlyn | CNBC As the restaurant industry battles inflation, the large size of chains and their access to cash gives them the upper hand, but independents have advantages of their own when managing higher costs. Feeling the pressure on their budgets, consumers have been cutting back on their restaurant […]
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Sweetgreen shares tumble after salad chain lowers revenue outlook
A worker wears a Sweetgreen Inc. hat while preparing food inside the company’s restaurant in Boston, Massachusetts. Adam Glanzman | Bloomberg | Getty Images Shares of Sweetgreen fell 10% in after-hours trading on Tuesday after the salad chain reported a wider-than-expected loss and lowered its full-year revenue outlook. For 2022, the company now anticipates its […]
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Sweetgreen is launching its first national dessert — a ‘healthy’ take on the Rice Krispies Treat
Sweetgreen Crispy Rice Treat Source: Sweetgreen Sweetgreen is launching its take on Rice Krispies Treats, its first dessert since 2014. The Crispy Rice Treat is available nationwide starting Monday for $2.95. The prepackaged dessert is made with organic brown rice, quinoa, millet and honey-date caramel. It has190 calories and 6 grams of sugar. Sweetgreen co-founder […]
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Why Apple lifted the price of the Iphone, but not in the U.S. and China
Shopper inspects Apple iphone 14 Pro Max inside of an Apple shop in Marunouchi, Tokyo. Stanislav Kogiku | SOPA Photographs | Lightrocket | Getty Illustrations or photos Apple‘s latest iPhones, the collection 14 designs, occur with better shows, cameras, and satellite messaging, amongst other options and updates. But depending on where you are living, they also […]
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Belief: Ron Baron points out his investing philosophy with goal of doubling his dollars each 5 to 6 many years
Ron Baron, founder of Baron Funds Anjali Sundaram | CNBC I started my occupation as a securities analyst in 1970. It was a tumultuous time. The Vietnam War, Watergate, the resignation of President Richard Nixon, the Iranian hostage disaster, a economic downturn, inflation, curiosity charges in the double-digits, gasoline rates that experienced tripled. The only […]
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Restaurant Brands’ earnings top estimates as sales rise at Burger King, Tim Hortons
A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported stronger sales at Burger King and Tim Hortons, joining the fast-food companies seeing a bump in sales as consumers look for more affordable options. The […]
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Restaurant Brands’ earnings top estimates as sales rise at Burger King, Tim Hortons
A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, fueled by sales growth at Burger King and Tim Hortons. Shares of the company were flat in premarket trading. […]
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Companies are blaming a new culprit for earnings woes: Electricity costs
Companies continue to battle inflation on a variety of fronts, but a new source is increasingly being called out: electricity costs. Raw materials, packaging, transportation and labor cost pressures all remain significant issues. But this earnings season, a number of companies have cited notably higher electricity costs over the summer that put pressure on operating […]
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