restaurants
restaurants Articles
courtesy of KFCYum! Brands Inc. (NYSE: YUM) reported third-quarter results after markets closed on Tuesday. The fast-food restaurant operator posted adjusted diluted earnings per share (EPS) of $0.85...
Published:
Last Updated:
Sandwich shop chain Potbelly Corp. (NASDAQ: PBPB) held its initial public offering (IPO) Friday morning, selling 7.5 million shares at $14 a share. While the offering price is well above the original...
Published:
Last Updated:
ThinkstockFor the past year and a half, top hotel, restaurant and leisure stocks have surged on investor interest and very positive sentiment from Wall Street analysts. In a research report out...
Published:
Last Updated:
ThinkstockLabor Day is always an interesting holiday, and it has serious ramifications on consumer spending and on the economy. The 2013 back-to-school spending has been down after a record 2012, and...
Published:
courtesy of StarbucksThe arms war among the fast-food chains escalated as McDonald’s Corp. (NYSE: MCD) confirmed that it would begin to sell chicken wings nationwide next month. Dubbed “Mighty...
Published:
ThinkstockIt is not that frequent that an analyst downgrade sparks a 7% drop in a stock. That is why we are focusing on this big analyst downgrade in Tyson Foods Inc. (NYSE: TSN). BofA/Merrill Lynch...
Published:
Wikimedia CommonsFast-food giant McDonald’s Corp. (NYSE: MCD) today reported same-store sales growth of 0.7% in July, compared to sales in July of last year. Systemwide sales rose 1.6%, and 3.3% on...
Published:
Last Updated:
courtesy of McDonald'sLast week, workers at McDonald’s Corp. (NYSE: MCD) stores walked out, demanding that the company raise workers’ wages to $15 an hour. We suggested that the demand has little...
Published:
Last Updated:
courtesy of McDonald'sIt would cost McDonald’s Corp. (NYSE: MCD) and its franchisees more than $8 billion a year in the United States, if its workers received a raise from current wages to the $15...
Published:
courtesy of McDonald'sYesterday’s walkouts at fast-food restaurants in seven U.S. cities are set to continue today in some if not all locations. Workers have walked out in an effort to gain an...
Published:
Last Updated:
courtesy of KFCThe country’s largest fast-food chains are expected to see walkouts in seven cities today as workers protest the industry’s low wages at some the nation’s most profitable...
Published:
Last Updated:
ThinkstockThe Wendy’s Company (NASDAQ: WEN) is proving to be a serious turnaround contender. After double-digit gains after its earnings report, many investors might be tempted to flood back into...
Published:
courtesy of KFCAccording to a report at Caijing.com.cn, China Central Television (CCTV), which in the past has exposed a number of food safety issues in China, reported over the weekend that sample...
Published:
Last Updated:
courtesy of McDonald'sMcDonald’s Corp. (NYSE: MCD) reported second-quarter 2013 results before markets opened this morning. The fast-food restaurant chain posted diluted earnings per share (EPS) of...
Published:
Last Updated:
courtesy of KFCThe fastest growing piece of the U.S. restaurant business is the fast-casual dining sector, perhaps best exemplified by Chipotle Mexican Grill Inc. (NYSE: CMG), Panera Bread Co....
Published:
Last Updated: