Restaurants
Chipotle Mexican Grill easily tops earnings estimates, as price hikes help to offset higher food prices
Food is served at a Chipotle restaurant on in Chicago, Illinois. Scott Olson | Getty Images Chipotle Mexican Grill on Thursday reported quarterly earnings that beat expectations, helped by higher menu prices for its burritos and bowls. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts […]
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Coca-Cola beats earnings estimates, raises outlook as volume grows despite price hikes
A Coca-Cola truck in New York City. Alexi Rosenfeld | Getty Images Coca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations and hiked its full-year outlook. Shares of the company rose more than 2% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a […]
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Panera Bread founder Ron Shaich says most CEOs end up regretting taking companies public
Panera Bread founder Ron Shaich led a public company for more than two decades, but that doesn’t mean he’s a fan of initial public offerings or Wall Street. More than six years after selling the chain for $7.5 billion, Shaich is looking back on his nearly four decades at the helm of the company he […]
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McDonald’s tried to buy Panera Bread, and 5 other reveals from founder Ron Shaich’s book
Ron Shaich, founder and then-CEO of Panera Bread, in December 2017. Scott Mlyn | CNBC Panera Bread founder Ron Shaich uses his new book, “Know What Matters,” to impart lessons learned from his decades in the restaurant business — and reveals some juicy details in the process. Shaich’s book charts his entrepreneurial journey, starting with […]
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Chipotle plans price increases after pausing hikes this year
Customers order from a Chipotle restaurant at the King of Prussia Mall in King of Prussia, Pennsylvania. Mark Makela | Reuters Chipotle Mexican Grill is planning to raise prices again. “For the first time in over a year, we will be taking a modest price increase to offset inflation,” Chipotle Chief Corporate Affairs Officer Laurie […]
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I skipped Beyoncé’s European tour, so I flew 4,600 miles to New Orleans to see her in live performance — by myself
Beyoncé has long been on my checklist of must-see artists. When tickets for her Renaissance tour went on sale in London — in which I live — I immediately tried using, but unsuccessful to get seats for one particular of her Might displays. When she added a few June dates at the city’s Tottenham Hotspur […]
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PepsiCo beats Wall Street estimates, raises earnings outlook
Pepsi products at a convenience store in Crockett, California, US, on Friday, June 16, 2023. David Paul Morris | Bloomberg | Getty Images PepsiCo on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations and raised its outlook for its full-year earnings. Shares of the company rose 2% in premarket trading. Here’s what the company reported […]
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Delighted food? Continual need for french fries is fantastic information for U.S. financial state
Image source: Jaromila | E+ | Getty Photographs Individuals are still splurging for a side of fries with their foods. That can have a optimistic browse-via for the overall economy. Frozen potato supplier Lamb Weston Holdings has found the share of customers buying the legendary aspect with rapid meals meals — regarded as the fry […]
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Popeyes overtakes KFC as No. 2 chicken chain, but Chick-fil-A stays on top
A Popeyes restaurant is seen in Washington, D.C. Eric Baradat | AFP | Getty Images Popeyes has overtaken KFC as the No. 2 chicken chain in the U.S., a decade after Chick-fil-A first unseated KFC from the top spot. Chicken chains’ battle for stomachs — and dollars — has become more aggressive in recent years. […]
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Krispy Kreme puts Insomnia Cookies brand up for sale as it doubles down on donuts
In this photo illustration, a Krispy Kreme glazed doughnut is shown on May 12, 2022 in Daly City, California. Justin Sullivan | Getty Images Krispy Kreme is exploring strategic alternatives, including an all-cash sale, of its majority stake in Insomnia Cookies, the company said Tuesday. The decision is part of an effort to focus more […]
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