Tag: Restaurants

Top US food supplier Sysco strikes $29 billion deal for Jetro Restaurant Depot

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.

Domino’s shares rise on strong U.S. sales growth

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 Boosts Investments in ‘Focus’ Market India Undeterred by Mounting Losses

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 ends 2025 with higher revenue as sales rise across regions

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 earnings top estimates as international Burger King restaurants fuel sales growth

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

Starbucks beats first-quarter global comparable sales estimate as demand rebounds

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 US sales top forecasts as it continues value push amid ‘challenging environment’

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 quarterly revenue rises 8%, fueled by Taco Bell and KFC

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

Burger King parent reports stronger-than-expected sales growth on resilient demand

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 to close stores, lay off workers in $1 billion restructuring plan

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.

Cracker Barrel’s logo change sparks fury, online and on Wall Street

Shares of Cracker Barrel Old Country Store Inc. took a dive Thursday, after the restaurant chain debuted its new, simplified logo, that many people didn’t like. Even Donald Trump Jr. asked, why?

Cava stock plummets after company lowers forecast on disappointing same-store sales growth

Cava on Tuesday lowered its full-year forecast for same-store sales growth after a disappointing second quarter. For the full year, Cava now anticipates same-store sales growth of 4% to 6%, down from its prior range of 6% to 8%.

McDonald’s global sales top estimates as affordable meal options boost demand

McDonald’s global comparable sales for the second quarter beat Wall Street estimates on Wednesday, as affordable meal bundles and promotions drew in budget-conscious diners looking to stretch their dollars amid economic uncertainty.

Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S.

Yum Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ expectations as Pizza Hut and KFC reported U.S. same-store sales declines.

Starbucks Sales Still Show Weakness. Same-Store sales Dip 2%.

That cup of joe at Starbucks(SBUX) might be getting a tad bitter. Starbucks reported third-quarter results that beat Wall Street’s expectations on revenue but missed on earnings per share.

Domino’s beats quarterly sales estimate on strong US demand

Domino’s Pizza (DPZ.O), surpassed analysts’ expectations for second-quarter U.S. same-store sales on Monday, driven by new items on the menu and promotions, amid persisting macroeconomic uncertainties, sending shares up nearly 5% in premarket trade.

Starbucks China Draws Bids Valuing It Up to $10B, Report Says

Starbucks China has attracted offers for a potential stake sale that value the unit between $5 billion and $10 billion.

Krispy Kreme stock falls after ending McDonald’s partnership

Krispy Kreme , Inc. (NASDAQ:DNUT) stock fell as much as 7% before paring losses to 4% on Tuesday after the doughnut maker and McDonald’s USA (NYSE:MCD) announced they will end their partnership, effective July 2, 2025.

Cracker Barrel shares rise on Q3 earnings beat

Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) reported better-than-expected third quarter earnings on Thursday, sending shares up 1.6% in premarket trading.

Starbucks stock rises following Bloomberg report on China business revamp plans

Shares of Starbucks Corp . (NASDAQ:SBUX) edged up 1.4% in pre-market trading as the company initiated a process to overhaul its extensive China operations.