Tag: Restaurants

Domino’s Pizza misses revenue estimates as higher prices squeeze demand

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.

.

Starbucks strike over Pride decor follows LGBTQ anger on hours, benefits

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.

Starbucks union says workers at more than 150 stores will strike over Pride decor

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.

Olive Garden parent earnings beat estimates, fueled by strong LongHorn Steakhouse sales

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

Consumers are more likely to cut back on restaurant visits than trade down to fight inflation, report says

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