The exterior of Starbucks’ new Union Market location Source: Starbucks Starbucks has unveiled a new store design focused on accessibility and inclusion, with fresh light fixtures and open floor plans. The coffee giant opened the first location with the new design on Friday in Washington, D.C.’s Union Market. “Designing for disabilities is just good design … Read more
The Chicken Shack sandwich from Shake Shack. Shake Shack Shares of Shake Shack surged 20% Thursday morning after the burger chain delivered strong fourth-quarter earnings results. With Thursday morning’s gains, the stock reached a new 52-week high of $95.80 and is up more than 50% in the last twelve months. Stock Chart IconStock chart icon … Read more
James Quincey, CEO of Coca-Cola Co., speaking on “Squawk Box” at the WEF in Davos, Switzerland, on Jan. 18, 2023. Adam Galica | CNBC Inflation is moderating in most markets, after a stretch in which the beverage maker relied on price hikes to drive higher revenue, Coca-Cola CEO James Quincey said Tuesday. Coke reported its … Read more
A general view of a Tim Hortons Drive-Thru coffeehouse and restaurant at Lakeside Retail Park on February 5, 2024 in Grays, United Kingdom. John Keeble | Getty Images Restaurant Brands International reported quarterly earnings and revenue that beat analysts’ expectations on Tuesday, fueled by stronger-than-expected Tim Hortons sales. Shares of the company were unchanged in premarket trading. … Read more
Bottles of Coca-Cola are displayed in San Anselmo, California, on April 24, 2023. Justin Sullivan | Getty Images Coca-Cola is expected to report its fourth-quarter earnings before the bell Tuesday. Here’s what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting: Earnings per share: 49 cents expected Revenue: $10.68 billion expected Investors … Read more
KFC and Taco Bell restaurants along 118th Avenue in Edmonton, on January 21, 2024, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Yum Brands on Wednesday reported quarterly earnings and revenue that missed analysts’ expectations as KFC, Taco Bell and Pizza Hut all reported weaker-than-expected sales. Yum is the third global restaurant … Read more
Chipotle CEO Brian Niccol told CNBC’s Jim Cramer that the company plans to double its current number of locations. “We really do believe we can double the restaurant count to 7,000,” Niccol said. “We view it as a conservative number, and we view it as something that’s very feasible in the long term.” Tuesday after … Read more
People visit a Chipotle restaurant on February 09, 2022 in Miami, Florida. Joe Raedle | Getty Images Chipotle Mexican Grill is expected to report its fourth-quarter earnings after the bell on Tuesday. Here’s what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting: Earnings per share: $9.75 expected Revenue: $2.49 billion expected … Read more
People dit at McDonald’s outdoor seating after going out on a Saturday night along Rothschild Street on June 11, 2022 in Tel Aviv, Israel. Alexi Rosenfeld | Getty Images McDonald’s and Starbucks, two of the biggest U.S. restaurant companies, both said the Israel-Hamas war hurt their sales at the end of last year. Shares of … Read more
Visitors are attending a New Year event held by McDonald’s in Shanghai, China, on January 25, 2024. Costfoto | Nurphoto | Getty Images McDonald’s is expected to report its fourth-quarter earnings before the bell on Monday. Here’s what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting: Earnings per share: $2.82 expected … Read more
