Darden Restaurants (NYSE: DRI) reported disappointing third-quarter earnings Thursday amid a fall in sales for its Olive Garden branch, due to the omicron variant. Consequently, the company cut its...
Tag: RestaurantIndustry
McDonald’s (NYSE: MCD) missed analysts’ earnings expectations as increasing costs impacted profits. This is the fast-food company’s fourth earnings miss throughout the past eight quarters. Shares fell 1% during...
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KFC & Beyond Meat to Launch Plant-Based Fried Chicken Nationwide
KFC (NYSE: YUM) restaurants are adding Beyond Meat plant-based chicken to their menu, and the limited time offer is set to begin Monday, January 10. The meal will be...
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Inspire Brands Launches Ghost Kitchen in Atlanta
Inspire Brands Inc., parent company to Dunkin Donuts, Arby’s, Baskin Robbins, and more, has opened its first ghost kitchen in Atlanta. Amid continuous changes within the fast-food industry, major...
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Bloomin’ Brands Stock Tumbles 11% Amid Increasing Prices
Bloomin’ Brands (NASDAQ: BLMN), parent company to Outback Steakhouse, shares fell 11% Tuesday morning. The fall comes after the company announced it is anticipating USD170 Million in costs within...
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Burger King to Test Impossible Foods’ Meatless Nuggets
Burger King, owned by Restaurant Brands International Inc. (NYSE: QSR), has decided to trial Impossible Foods’ meatless nuggets within various locations. This will be the first fast-food chain to...