Restaurants
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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Tyson Foods CFO arrested for public intoxication, falling asleep in the wrong house
John Tyson mugshot Source: Washington County, Arkansas Tyson Foods CFO John Tyson was arrested early Sunday in Arkansas after allegedly becoming intoxicated and falling asleep in the wrong house. Tyson, 32, was charged with public intoxication and trespassing and booked in Washington County jail. Tyson Foods is headquartered in Springdale, Arkansas. A woman who did […]
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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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Elite New York restauranteur Will Guidara on why luxury spending isn’t the key to making people happy
Gift-giving can be a good way to learn how good you are at hospitality. And if you think success comes down to the amount being spent, you are setting yourself up for failure, according to one of the world’s most renowned restauranteurs. Will Guidara, former owner of elite New York City restaurant Eleven Madison Park, […]
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Starbucks earnings beat expectations as consumers spend more in its U.S. stores
The ornate art decor of the Starbucks coffee chain in Xujiahui district attracts customers’ attention in Shanghai, China, May 12, 2021. Costfoto | Barcroft Media | Getty Images Starbucks on Thursday reported quarterly earnings and revenue that topped analysts’ estimates, fueled by U.S. customers spending more on their orders. Shares rose 2.3% in after-hours trading […]
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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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Yum Brands earnings miss despite stronger sales at KFC and Taco Bell
Signage is displayed outside a Yum! Brands Inc. Taco Bell and Kentucky Fried Chicken (KFC) restaurant in Louisville, Kentucky, U.S., on Thursday, Jan. 30, 2020. Luke Sharrett | Bloomberg | Getty Images Yum Brands on Wednesday reported quarterly earnings that missed analysts’ expectations as the strong U.S. dollar weighed on its results. Revenue came in above expectations, […]
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Workers at NYC Starbucks and Amazon Go store file petition to unionize
Amazon and Starbucks stop Union Busting sign, International Workers Day, United Against Union Busting March and Rally, Workers Circle, Amazon Labor Union, NY Immigration Coalition, Make the Road, NYC Central Labor Council, RWDSU and more community-based organizations, immigrant rights groups, unions, and allies, Union Square, New York City. Joan Slatkin | Universal Images Group | […]
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Restaurant operating hours are still shorter compared to 2019, report finds
Veselka is serves from its original location, which opened in 1954 in Manhattan’s East Village neighborhood. CNBC Make It It’s not just your imagination. Restaurants aren’t open as long as they used to be. Eateries have trimmed their weekly operating hours by 7.5%, or 6.4 hours, compared with pre-pandemic schedules, according to a new report […]
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