Tag: Restaurants

McDonald’s is planning to sell Krispy Kreme doughnuts at its restaurants nationwide by the end of 2026, the chains announced Tuesday.

Darden’s quarterly earnings met Wall Street expectations, but its revenue fell short of estimates.

Domino’s Pizza reported better-than-expected earnings for the fourth quarter as the company continues to seek growth despite inflationary pressures.

Burger King owner Restaurant Brands International topped estimates for its fourth-quarter earnings and revenue.

McDonald’s reported its first quarterly sales miss in nearly four years on Monday, squeezed by weak sales growth in its business division that includes the Middle East, China and India.

When it rains, it pours. And it rained pretty heavily on Starbucks in the last leg of the year, prompting the company to miss first-quarter earnings expectations and lower its revenue guidance for the rest of the fiscal year.

 McDonald’s CEO Chris Kempczinski said on Thursday several markets in the Middle East and some outside the region were experiencing a “meaningful business impact” due to the Israel-Hamas conflict as well as “associated misinformation” about the brand.

Darden Restaurants on Friday reported quarterly earnings that beat expectations and raised its annual guidance, helped by sales growth at chains like Olive Garden and LongHorn Steakhouse.

Restaurant Brands International on Friday reported weaker-than-expected quarterly revenue, hurt by Burger King’s disappointing same-store sales growth.

Starbucks Corp.’s stock soared 7% in premarket trade Thursday, after the coffee store chain posted better-than-expected earnings for its fiscal fourth quarter.

Yum Brands reported better-than-expected earnings, but its quarterly revenue fell short of Wall Street’s estimates.

Oct 12 (Reuters) – Domino’s Pizza on Thursday missed market expectations for its third-quarter revenue as higher menu prices and delivery charges discouraged inflation-weary consumers from ordering at the restaurant.

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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