Restaurants
Starbucks has a new accessible store design. Take a look inside
The exterior of Starbucks’ new Union Market location Source: Starbucks Starbucks has unveiled a new store design focused on accessibility and inclusion, with fresh light fixtures and open floor plans. The coffee giant opened the first location with the new design on Friday in Washington, D.C.’s Union Market. “Designing for disabilities is just good design […]
Read More
Shake Shack stock surges 20% on fourth-quarter profit, strong 2024 outlook
The Chicken Shack sandwich from Shake Shack. Shake Shack Shares of Shake Shack surged 20% Thursday morning after the burger chain delivered strong fourth-quarter earnings results. With Thursday morning’s gains, the stock reached a new 52-week high of $95.80 and is up more than 50% in the last twelve months. Stock Chart IconStock chart icon […]
Read More
Restaurant Brands earnings beat estimates, fueled by strong Tim Hortons sales
A general view of a Tim Hortons Drive-Thru coffeehouse and restaurant at Lakeside Retail Park on February 5, 2024 in Grays, United Kingdom. John Keeble | Getty Images Restaurant Brands International reported quarterly earnings and revenue that beat analysts’ expectations on Tuesday, fueled by stronger-than-expected Tim Hortons sales. Shares of the company closed down 4% on Tuesday. […]
Read More
Coca-Cola CEO says inflation is moderating in most markets after higher prices boost revenue
James Quincey, CEO of Coca-Cola Co., speaking on “Squawk Box” at the WEF in Davos, Switzerland, on Jan. 18, 2023. Adam Galica | CNBC Inflation is moderating in most markets, after a stretch in which the beverage maker relied on price hikes to drive higher revenue, Coca-Cola CEO James Quincey said Tuesday. Coke reported its […]
Read More
Coca-Cola sales beat estimates, helped by higher prices
Bottles of Coca-Cola are displayed in San Anselmo, California, on April 24, 2023. Justin Sullivan | Getty Images Coca-Cola on Tuesday posted quarterly earnings that met expectations and sales that topped estimates, as higher pries helped the beverage maker overcome a volume decline in North America. Here’s what the company reported compared with what Wall […]
Read More
Yum Brands disappoints as KFC, Taco Bell and Pizza Hut fall short of same-store sales expectations
KFC and Taco Bell restaurants along 118th Avenue in Edmonton, on January 21, 2024, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Yum Brands on Wednesday reported quarterly earnings and revenue that missed analysts’ expectations as KFC, Taco Bell and Pizza Hut all reported weaker-than-expected sales. Yum is the third global restaurant […]
Read More
Chipotle earnings crush estimates as restaurant traffic grows 7.4%
People visit a Chipotle restaurant in Miami on Feb. 9, 2022. Joe Raedle | Getty Images Chipotle Mexican Grill on Tuesday posted quarterly earnings and revenue that beat analysts’ expectations as more customers visited its restaurants. Shares of the company rose more than 1% in extended trading. Here’s what the company reported compared with what […]
Read More
McDonald's and Starbucks blame the Israel-Hamas war for slower sales — and the recovery might take a while
People dit at McDonald’s outdoor seating after going out on a Saturday night along Rothschild Street on June 11, 2022 in Tel Aviv, Israel. Alexi Rosenfeld | Getty Images McDonald’s and Starbucks, two of the biggest U.S. restaurant companies, both said the Israel-Hamas war hurt their sales at the end of last year. Shares of […]
Read More
McDonald's is about to report earnings. Here's what to expect
Visitors are attending a New Year event held by McDonald’s in Shanghai, China, on January 25, 2024. Costfoto | Nurphoto | Getty Images McDonald’s is expected to report its fourth-quarter earnings before the bell on Monday. Here’s what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting: Earnings per share: $2.82 expected […]
Read More
McDonald's is promising its 'Best Burger.' Now the chain will see if diners buy more of them
A man drinks a coke and eats a Big Mac at a McDonald’s in Cologne, Germany, on May 25, 2015. Oliver Berg | picture alliance | Getty Images McDonald’s has upgraded its burgers — but it’s unclear if its sales will get the same boost. The fast-food giant has outperformed its rivals in recent quarters, […]
Read More