Tag: Restaurants

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.

McDonald’s reports largest U.S. same-store sales decline since 2020

McDonald’s on Thursday reported mixed quarterly results as its U.S. same-store sales fell for the second straight quarter, posting their largest domestic decline since the onset of the Covid pandemic.

Starbucks says its turnaround plans show signs of working. Investors aren’t convinced.

Starbucks Corp. on Tuesday said that getting back to coffee-shop basics would be even more important as consumers brace for the trade war’s economic fallout.

Domino’s Pizza Beat on Earnings. International Markets Saved The Day.

As American restaurants struggle with weaker consumer spending, companies with large markets outside of the U.S., such as Domino’s Pizza, could stay more resilient.

Chipotle is seeing a ‘slowdown’ in consumer spending as 2025 gets off to a rough start

Chipotle Mexican Grill on Wednesday reported weaker-than-expected quarterly revenue after its same-store sales declined for the first time since 2020.

Domino’s partners with DoorDash to boost delivery, expand customer base in US

Domino’s Pizza (DPZ.O),  said on Wednesday customers could use the DoorDash (DASH.O), app to place their orders, in a new partnership, as the pizza giant looks to bolster its delivery business and expand its U.S. user base.

J.D. Wetherspoon Shares Hit Two-Year Lows on Lower Sales Growth, Cautious Outlook

J.D. Wetherspoon shares fell to two-year lows after the pub operator reported slower sales growth over the last week of its first half, and issued a cautious outlook for the year ahead alongside lower free-cash-flow guidance.

Darden Restaurants 3Q Sales Boosted by New Locations

Darden Restaurants logged higher earnings and sales in its fiscal third quarter with the addition of over 100 Chuy’s locations and other new restaurant openings.

Taco Bell parent Yum Brands partners with Nvidia to speed up its use of AI

Yum Brands is partnering with tech giant Nvidia to accelerate the use of artificial intelligence in its restaurants.

Starbucks Hires Nordstrom’s Cathy Smith as CFO

Starbucks is replacing its top finance executive, plucking Cathy Smith from the Nordstrom department-store chain, as the coffee group embarks on a turnaround.

Domino’s Pizza misses quarterly sales estimates as U.S. demand tempers

Domino’s Pizza on Monday missed market expectations for fourth-quarter same-store sales, as fast-food peers double down on their value meal offerings, hurting demand for the company’s affordable pizzas and wraps.