Chipotle Is Selling Lots of Burritos. Earnings Beat High Expectations.
Chipotle Mexican Grill posted first-quarter earnings and sales that beat Wall Street expectations, lifting the stock by…
Read article 
Fast-food giants are feeling the burn from Middle East boycotts. Just look at McDonald’s, Starbucks, and Yum Brands’ earnings
McDonald’s reported a rare sales miss in its-fourth quarter earnings report earlier this month. Starbucks is forecasting slower growth…
Read article
Starbucks Had a Tough Quarter for Earnings. Why the Stock Is Rising.
When it rains, it pours. And it rained pretty heavily on Starbucks in the last leg of the year, prompting the company…
Read article
Starbucks misses sales estimates on choppy demand
Starbucks SBUX-Q -0.65% missed Wall Street estimates for the first quarter on Tuesday, in a sign that demand for its pricey coffees and cold drinks…
Read article
U.S. fast-food chains report fatter margins as cheese, chicken, avocado costs fall
Major U.S. restaurant chains including burger giant McDonald’s (MCD.N) saw lower ingredient costs, especially for chicken, cheese and avocado, drive profit margins in the second quarter. Domino’s (DPZ.N), McDonald’s and Chipotle (CMG.N) said they were starting to benefit from easing costs after red-hot inflation forced them to raise menu prices a few quarters ago.
Read article
Eatertainment is ‘a little weird and playful’ — and ready to explode
It’s the middle of the afternoon on a workday — not quite peak lunch hour, yet the new, massive Topgolf in Louisville, Ky., is packed. Nearly all of the hitting bays throughout the three-floor facility are filled with consumers across demographics who are either there to celebrate something, or just because. The building and driving…
Read article
How 6 restaurant giants are hiking menu prices
Prices have been climbing on restaurant menu boards for much of the year to offset spikes in food and labor costs, but that doesn’t mean diners are used to the strain on their wallets. As a result, major restaurant chains are walking a tightrope — charge enough to protect the bottom line without alienating customers…
Read article
Grubhub Customers Learn There’s No Such Thing as a Free Lunch After All
Derived from M Science’s leading-edge data, the new platform provides daily, weekly, monthly and semi-annual visibility into competitive benchmarking and consumer behaviours. The new platform details customer spending patterns for more than 130 Global and Domestic Australian brands, including food delivery services, grocery stores, DTC platforms, sports betting and travel agencies. Companies include Just Eat,…
Read article
Domino’s expects sales pressure to persist after drop in first quarter
Domino’s Pizza Inc (DPZ.N) missed quarterly sales estimates on Thursday and warned staffing shortages and inflation would pressure its business further into the year, sending the fast-food chain’s shares down 5%. U.S. restaurants have struggled to keep their workers from leaving for higher-paying jobs, with Domino’s even offering consumers a $3 coupon code for picking…
Read article
Chipotle CEO: Chain nearly halfway to goal of 7K North American stores
Chipotle surpassed 3,000 locations during Q1 2022, with its store count increasing by a net of 48 units during the period to 3,014 total,. Of the 51 new units opened during the quarter, 42 of these locations include a Chipotlane, a model the company has aggressively expanded for several years due to the higher revenue,…
Read article