Tag: Restaurants

Darden Restaurants on Thursday reported mixed quarterly results as same-store sales growth at the company’s fine-dining restaurants and Olive Garden fell short of expectations.

Wendy’s was surging on Wednesday after several users on Reddit’s WallStreetBets subreddit called for retail investors to buy shares in the struggling fast-food chain.

Yum Brands on Tuesday announced it is selling Pizza Hut to private equity firm LongRange Capital.

Yum! Brands Inc. is in exclusive talks to sell its Pizza Hut chain to LongRange Capital, according to people familiar with the matter.

Cava Group logged a double-digit increase in sales in its latest quarter as traffic rose, with the company citing its value proposition as consumers continue to look for affordability.

Nelson Peltz’s Trian Fund Management is seeking investor backing for a bid to take US fast-food chain Wendy’s private, after the restaurant operator’s shares have fallen more than 40 per cent over the past year.

McDonald’s on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, as diners spend more at its U.S. restaurants even in what CEO Chris Kempczinski called “a challenging environment.”

Restaurant Brands International (QSR.TO),on Wednesday edged past expectations for quarterly overall ​same-store sales growth and adjusted profit, helped by ‌resilient demand at its Burger King chain.

Yum Brands on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by another strong quarter for Taco Bell.

Domino’s Pizza (DPZ) is increasingly relying on new store openings for growth, rather than higher same-store sales, and that’s had investors concerned. The latest quarterly results confirmed those worries.

Sysco said on Monday it would buy catering supplier Jetro Restaurant Depot in ​a $29  billion deal including debt, expanding the top U.S. food distributor’s reach among ‌price-conscious independent restaurants.

Shares of Domino’s Pizza climbed 4.8% to $403.04 in premarket trading on Monday after the pizza chain reported fourth-quarter U.S. same-store sales that exceeded analyst expectations.

Starbucks Corp.’s India unit is adding stores and building out a menu of protein foam coffee to Mumbai’s street-style buns to boost its footprint in the world’s most-populous country undeterred by widening losses.

McDonald’s closed 2025 with stronger top- and bottom-line results, reporting a double-digit rise in fourth-quarter revenue and growth in comparable sales across all major segments.

Restaurant Brands International on Thursday reported quarterly earnings and revenue that topped expectations, fueled by strong international growth.

Starbucks reported a bigger-than-expected rise in first-quarter comparable sales on Wednesday, as demand rebounded in the U.S. after nearly two years in early signs of success of CEO Brian Niccol’s turnaround efforts.

McDonald’s (MCD) on Wednesday reported US same-store sales that topped forecasts for the second-straight quarter as it continues to focus on value offerings amid what the company called a “challenging environment.”

Yum Brands on Tuesday reported quarterly earnings and revenue growth, fueled by strong demand for Taco Bell and improved U.S. sales for KFC.

Restaurant Brands (QSR.TO), reported third-quarter comparable sales above estimates on Thursday, helped by resilient traffic at the its restaurant chains Burger King and Tim Hortons.

Starbucks announced a $1 billion restructuring plan Thursday that involves closing some of its North American coffeehouses and laying off more workers as it moves ahead with its “Back to Starbucks” transformation under CEO Brian Niccol.