Starbucks reports surprise drop in same-store sales; shares tumble
Starbucks on Tuesday reported a fall in same-store sales for the first time in about three years as it battled weak demand for its…
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McDonald’s posts rare profit miss as customers turn picky
McDonald’s (MCD.N), missed quarterly profit estimates for the first time in two years as budget-conscious consumers looked…
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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…
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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…
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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…
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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…
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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.
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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…
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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…
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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,…
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