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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McDonald’s slips as M Science cuts estimates
McDonald’s (NYSE:MCD) edged down 1% amid a note from M Science lowering U.S. systemwide sales and same-store sales estimates…
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Starbucks Suffers Record 11-Day Rout as Sales Concerns Build
Starbucks Corp. shares suffered a record run of losses as concern builds that sales trends at the coffee giant have cooled in recent weeks…
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Starbucks dips amid M Science note on decelerating sales trends
Starbucks (NASDAQ:SBUX) ticked down 0.6% amid an M Science report about decelerating sales trends at the coffee chain…
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Burger King drags sales at parent Restaurant Brands as spending softens
Restaurant Brands International (QSR.TO) missed market estimates for quarterly sales on Friday as lingering inflation pinched spending at its…
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Yum Brands results beat as Taco Bell promotions draw customers
Yum Brands (YUM.N) topped Wall Street estimates for third-quarter results on Wednesday as a reboot of popular menu items at Taco Bell and promotional deals at KFC pulled in more budget-strapped customers looking for cheaper restaurant meals. The company has banked on aggressive promotions and limited-time offers to drive demand, with the return of the…
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Chipotle beats results estimates as demand defies high prices
Chipotle Mexican Grill (CMG.N) surpassed market expectations for quarterly results on Thursday, as unwavering demand for its burritos and rice bowls and a strong boost from limited-time promotions helped defy a broader weakness in the restaurant industry. Dining traffic has slowed across the industry, but Chipotle’s wildly popular Carne Asada protein returned to menus in…
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Restaurant Brands results beat estimates as Burger King bounces back
Restaurant Brands International (QSR.TO) topped market estimates for quarterly results on Tuesday, signaling its Burger King turnaround plans were bearing fruit, with the chain drawing more customers through improved marketing and new technology at its outlets. Having previously struggled to drive sales in the U.S., Burger King is now ramping up investments in restaurant remodels,…
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Starbucks misses quarterly sales estimates, sees lasting China rebound
Starbucks (SBUX.O) missed market expectations for quarterly comparable sales on Tuesday, with demand for its coffees and cold drinks showing some signs of tapering in the North American and international markets even as China sales rebounded sharply. The world’s largest coffeehouse chain has targeted its younger, wealthier U.S. customer base by launching new drinks and…
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