McDonald’s working on $5 value meal
A McDonalds located on Santa Monica Blvd in Los Angeles, California, April 1, 2024. Robert Gauthier | Los Angeles Times | Getty Images McDonald’s is working to introduce a value …
Restaurants
Sweetgreen shares soar 35% after company beats revenue expectations
People dine outside a Sweetgreen in Manhattan. Jeenah Moon | The Washington Post | Getty Images Sweetgreen shares surged 35% on Friday after the company topped Wall Street’s revenue expectations …
Fat Brands, chair Andy Wiederhorn indicted in $47 million loan scheme
Andy Wiederhorn, former Fatburger CEO. CNBC Federal authorities on Friday charged Fat Brands and its chair Andy Wiederhorn of committing a brazen scheme that netted him $47 million in bogus …
The Best Restaurants in Paris
There are endless gastronomic delights to discover in Paris, but Cheval Blanc is its own petite universe of culinary experiences: beyond the luxury LVMH-owned hotel’s rooftop brasserie, upscale Italian restaurant, …
McDonald’s makes changes to increase mobile sales
A Big Mac is displayed on a page of the McDonald’s app Daniel Acker | Bloomberg | Getty Images McDonald’s U.S. franchisees will start paying into a digital marketing fund …
Applebee’s owner Dine Brands targets fast food customers
Applebee’s and IHOP owner Dine Brands thinks its deals can lure away fast-food customers who have grown frustrated with menu prices. The company reported first-quarter earnings that fell short of …
Howard Schultz weighs in on Starbucks earnings miss
Howard Schultz, former chief executive officer of Starbucks Corp., drinks from a Starbucks mug during a Senate Health, Education, Labor, and Pensions Committee hearing in Washington, DC, US, on Wednesday, …
Previous mistakes shape my thinking on our latest stock gone wrong
When you make a mistake in this business you can do one of two things: You can cut your losses and move on or you can stand your ground while …
McDonald’s (MCD) Q1 2024 earnings
McDonald’s reported mixed quarterly results Tuesday as its reorganization weighed on its profit and boycotts hurt its Middle Eastern sales. The company also continues to see consumers worldwide pull back on their …
Starbucks, McDonald’s, Yum earnings show consumers pulling back
It’s finally here: the long-predicted consumer pullback. Starbucks announced a surprise drop in same-store sales in its latest quarter, sending its shares down 17% on Wednesday. Pizza Hut and KFC …