Tag: Restaurants

McDonald’s franchisees who add new restaurants will soon have to pay higher royalty fees.

Darden Restaurants on Thursday reported earnings and revenue that topped analysts’ expectations in its first quarter as the owner of Ruth’s Chris Steak House.

Starbucks raised its quarterly dividend to 57 cents from 53 cents, an increase of about 7.5%.

Howard Schultz is stepping down from Starbucks ‘ board of directors, the company said Wednesday.

Cava on Tuesday posted a profitable quarter for its first earnings report since its initial public offering in June.

Shares of Starbucks Corp. fell after hours Tuesday after the coffee chain reported third-quarter same-store sales that missed expectations, despite a big rebound in China.

McDonald’s on Thursday reported quarterly earnings and revenue that topped analysts’ expectations as its China sales rebound and mascot Grimace drives U.S. visits.

July 24 (Reuters) – Domino’s Pizza (DPZ.N) missed Wall Street estimates for second-quarter revenue on Monday, as elevated delivery fees and higher prices to boost margins hurt demand for its pizzas and chicken wings.

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Workers at dozens of U.S. Starbucks locations held strikes on Sunday to express their outrage over accusations by the baristas’ union that managers at several U.S. cafes removed rainbow flags and decorations supporting LGBTQ+ Pride month.

Some organized Starbucks stores will strike across the U.S. starting Friday in Seattle after the coffee giant and the union representing baristas publicly clashed over claims that the company was not allowing Pride month decor in cafes.

Darden Restaurants on Thursday reported quarterly earnings that topped Wall Street’s expectations, fueled by strong LongHorn Steakhouse sales.

During the Great Recession, consumers hunted for bargains, trading down to cheaper restaurants or picking the least expensive menu options.