McDonald’s (NYSE: MCD), reported better-than anticipated second quarter earnings that topped analysts forecasts and surpassed revenue expectations on Wednesday. The company attributed much of its success to it’s new...
Tag: RestaurantIndustry
Ampex Brands, a Yum! Brands Inc. and 7-Eleven franchisee announced Wednesday it has acquired bakery-cafe chain Au Bon Pain. The deal was closed on June 29. Au Bon Pain,...
Papa John’s (NASDAQ: PZZA) reported its first-quarter earnings Thursday, ultimately topping analyst expectations. The pizza chain experienced a rise in demand throughout the coronavirus pandemic, which continues as the...
After announcing strong Q1 earnings results last week, KFC revealed it is ready to hire 20,000 new workers. Nevertheless, the restaurant industry is currently struggling to onboard sufficient labor...
Yum Brands (NYSE: YUM) reported its quarterly earnings Wednesday, surpassing analysts’ estimates as consumer demand increased. The company’s shares surged under 1% during premarket trading. “First-quarter results reflect encouraging...
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Beyond Meat Scores Deal with McDonald’s and Yum Brands
Beyond Meat (NASDAQ:BYND) announced Thursday that it had negotiated agreements with both McDonalds and Yum Brands. However, shares fell amid the release of its earnings report.The company’s quarterly loss...
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McDonald’s Strives to Diversify Leadership & Achieve Gender Parity by 2030
McDonald’s (NYSE: MCD) announced Thursday that it will strive to implement more women and minorities into senior leadership positions. The company will tie executive pay to diversity goals and...
Shake Shack (NYSE: SHAK) shares went up 6% on Tuesday after the company revealed an increase in its fourth quarter revenue. The positive news comes amid several months of...