McDonald's Corp
Carl Icahn’s company stock falls as significantly as 20% following prosecutors search for monetary info
In this write-up IEP Follow your most loved stocksGenerate Free ACCOUNT Carl Icahn talking at Offering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Icahn Enterprises, Carl Icahn’s conglomerate, saw its inventory fall all over again Wednesday following a disclosure showed regulators are in search of facts concerning its corporate […]
Read More
Olive Garden parent Darden Restaurants bets on fine dining with $715 million Ruth’s Chris deal
A Ruth’s Chris Steak House in Miami, May 3, 2023. Joe Raedle | Getty Images News | Getty Images Olive Garden owner Darden Restaurants is betting on fine dining with its $715 million acquisition of Ruth’s Chris Steak House. The company’s announcement on Wednesday that it’s adding another fine-dining restaurant to its portfolio surprised some. […]
Read More
McDonald’s franchisees fined after 305 minors, including 10-year-olds, found working illegally
McDonald’s location in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images More than 300 minors — including two 10-year-olds who were unpaid — were found to be working in violation of federal labor laws at McDonald’s franchise restaurants across Kentucky and other states, the U.S. Labor Department said this week. The franchisees in total […]
Read More
McDonald’s diners are pushing back against price increases in some markets, CEO says
McDonald’s customers are pushing back against higher prices in some markets and adding fewer menu items to their orders, CEO Chris Kempczinski said Tuesday. Shares of McDonald’s fell slightly Tuesday, but the stock hit a new 52-week high. McDonald’s is up about 10% so far this year. Kempczinski’s comments come as consumer companies report mixed […]
Read More
Stocks making the biggest moves premarket: Novartis, First Republic, 3M and more
In this article NVS NOV.N-CH PKG MMM FRC JBLU GM PEP MCD UPS Follow your favorite stocksCREATE FREE ACCOUNT Traders wearing masks arrive before the opening bell at the New York Stock Exchange (NYSE) in Wall Street in New York City. Johannes Eisele | AFP | Getty Images Check out the companies making headlines before […]
Read More
McDonald’s is about to report earnings. Here’s what to expect
Delivery couriers are seen near McDonald’s restaurant in Krakow, Poland on April 12, 2023. Jakub Porzycki | Nurphoto | Getty Images McDonald’s is expected to report its first-quarter earnings before the bell on Tuesday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting the company to report: Earnings per share: $2.33 expected Revenue: $5.59 […]
Read More
Restaurants are expected to post strong earnings, but signs of trouble ahead could emerge
Pedestrians carry McDonald’s bags in New York, US, on Wednesday, April 6, 2023. Victor J. Blue | Bloomberg | Getty Images As restaurants prepare to present their first-quarter earnings, investors are anticipating strong results. But the rest of the year may prove bumpier for the sector. McDonald’s, Chipotle Mexican Grill and Domino’s Pizza will all […]
Read More
Morgan Stanley reveals its top picks in advance of earnings, such as this movie theater chain
Morgan Stanley named a host of shares this 7 days that it reported are must-owns forward of quarterly reviews. Of the 88 businesses in the S & P 500 that have reported earnings as of Friday, 76.1% defeat analysts’ anticipations, according to Refinitiv. CNBC Professional combed through Morgan Stanley’s exploration to obtain the leading stocks […]
Read More
Burger King is selling more Whoppers than ever before in early days of its U.S. turnaround
In this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. Justin Sullivan | Getty Images Seven months after Burger King unveiled a strategy to revive its U.S. business, the chain is selling more Whoppers than ever before. Burger King U.S. President Tom Curtis told CNBC that […]
Read More
Restaurant prices are rising faster than grocery prices for the first time since inflation ran hot
People sit outdoors at the Petite Crevette Restaurant on June 05, 2021 in the Brooklyn borough of New York City. Robert Nickelsberg | Getty Images For the first time since inflation began accelerating in mid-2021, restaurant prices outpaced grocery prices on a 12-month basis, according to the Labor Department. It’s a blow to the restaurant […]
Read More