[ad_1] People visit a Chipotle restaurant in Miami on Feb. 9, 2022. Joe Raedle | Getty Images Chipotle Mexican Grill on Tuesday posted quarterly earnings and revenue that beat analysts’ expectations as more customers visited its restaurants. Shares of the company rose more than 2% in extended trading. Here’s what …
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McDonald’s and Starbucks blame the Israel-Hamas war for slower sales — and the recovery might take a while
[ad_1] People dit at McDonald’s outdoor seating after going out on a Saturday night along Rothschild Street on June 11, 2022 in Tel Aviv, Israel. Alexi Rosenfeld | Getty Images McDonald’s and Starbucks, two of the biggest U.S. restaurant companies, both said the Israel-Hamas war hurt their sales at the …
Read More »McDonald’s is about to report earnings. Here’s what to expect
[ad_1] Visitors are attending a New Year event held by McDonald’s in Shanghai, China, on January 25, 2024. Costfoto | Nurphoto | Getty Images McDonald’s is expected to report its fourth-quarter earnings before the bell on Monday. Here’s what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are …
Read More »McDonald’s is promising its ‘Best Burger.’ Now the chain will see if diners buy more of them
[ad_1] A man drinks a coke and eats a Big Mac at a McDonald’s in Cologne, Germany, on May 25, 2015. Oliver Berg | picture alliance | Getty Images McDonald’s has upgraded its burgers — but it’s unclear if its sales will get the same boost. The fast-food giant has …
Read More »Starbucks’ earnings report was weak — but Wall Street expected worse
[ad_1] A customer exits a Starbucks store in Manhattan on Jan. 30, 2024, in New York City. Spencer Platt | Getty Images Wall Street is shaking off Starbucks’ weak quarterly report, seemingly taking executives at their word that the company’s challenges are “transitory.” The coffee giant’s stock ticked higher in …
Read More »Starbucks earnings disappoint as U.S. boycott, ‘cautious’ China weaken sales
[ad_1] A Starbucks coffee cup sits on a table at one of the coffee chain’s locations in Miami, Florida, on June 11, 2021. Joe Raedle | Getty Images News | Getty Images Starbucks on Tuesday reported quarterly earnings and revenue that missed Wall Street’s expectations as both domestic and international …
Read More »Oatly shares pop as oat milk maker brings dairy-free flavors to Carvel ice cream shops
[ad_1] Containers of Oatly frozen desserts are displayed on a shelf at a Whole Foods store in San Rafael, California, on Nov. 15, 2021. Justin Sullivan | Getty Images Oatly and Carvel said on Monday that they will partner to add oat milk-based items at the chain’s ice cream stores …
Read More »Wendy’s taps PepsiCo exec Kirk Tanner as new CEO as burger chain fights off activist pressure
[ad_1] A “Now hiring” sign is displayed outside of a Wendy’s in Miami, Florida, on Oct. 8, 2021. Joe Raedle | Getty Images Wendy’s has tapped PepsiCo veteran Kirk Tanner as its new chief executive, effective Feb. 5, as the burger chain tries to boost its share price and ease …
Read More »Blank Street Coffee bets on subscription program to win over daily coffee drinkers
[ad_1] Blank Street Coffee’s shops have taken over New York City as they lure in customers with cheap lattes and cold brew. Now the upstart chain aims to attract even more consumers who want to slash their coffee budgets through a subscription program. The Blank Street Regulars program, which opened …
Read More »Man pleads guilty in stock fraud case involving $100 million New Jersey deli
[ad_1] Your Hometown Deli in Paulsboro, N.J. Google Earth A North Carolina ex-convict pleaded guilty to securities fraud in connection with conspiring to manipulate the stock of a company that once had a market capitalization of as high as $100 million despite owning just one, small money-losing deli in southern …
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