CNBC’s Jim Cramer on Tuesday offered investors a list of his 10 favorite “dividend aristocrats” to own through year-end, saying their payouts offer protection against Federal Reserve...
Tag: McDonald's Corp
Panera Bread tests artificial intelligence technology in drive-thru lanes
A Panera Bread location in Spring Hill, Florida. Jeff Greenberg | Universal Images Group | Getty Images Starting Monday, drive-thru customers at two Panera Bread locations in upstate New York will hav...
Breakfast sales hold steady as people heading back to offices cut back elsewhere
Consumers may be dining out less, but breakfast sales are holding steady as people return to offices and grab a quick bite or iced coffee on the way to work. Overall traffic to restaurants fell 2% in ...
McDonald’s board adds three new directors in shake-up
The logo for McDonald’s is seen on a restaurant in Arlington, Virginia, January 27, 2022. Joshua Roberts | Reuters McDonald’s board is gaining three new members and losing one longtime dir...
People aren’t cutting back on tips even as inflation surges
Chef Alessandro Pirozzi, from Alessa by Chef Pirozzi, talks to customers at an outside table at the Promenade on Forest in Laguna Beach, CA on Wednesday, January 13, 2021. Paul Bersebach | MediaNews G...
Premium products take priority as companies battle cost-of-living
“As we create more premium beverages, it becomes more difficult for customers to replicate it at home and we think that helps with the concept of trade down,” Starbucks CFO Rachel Ruggeri ...
McDonald’s says it’s planning to reopen some restaurants in Ukraine
People are stand queue to McDonald’s in central Kyiv, Ukraine, on 29 May, 2020. STR | Nurphoto | Getty Images McDonald’s said Thursday that it is planning a phased reopening of some of its...
Consumers are cutting back on restaurant spending, but CEOs say not all chains are affected
Howard Schultz David Ryder | Reuters Some restaurants are reporting weaker sales or declining traffic in the second quarter, signaling that diners are cutting back on eating out to save money. But CEO...
Burger King parent says more customers are redeeming coupons and loyalty rewards
A Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. Justin Sullivan | Getty Images More customers at Burger King and its sister brands are redeeming coupons and ...
Starbucks (SBUX) Q3 2022 earnings beat estimates
An employee hands a bag to a customer at the drive-thru of a Starbucks coffee shop in Hercules, California, on Thursday, July 28, 2022. David Paul Morris | Bloomberg | Getty Images Starbucks on Tuesda...
Beyond Meat stock falls after conclusion of McDonald’s McPlant test
Advertising for the McPlant burger, a plant based vegetarian alternative to more traditional meat burgers by fast food giant McDonalds on 11th July 2022 in London, United Kingdom. Mike Kemp | In Pictu...
McDonald’s and Chipotle say customers are trading down, visiting less often as inflation hits budgets
McDonald’s and Chipotle Mexican Grill say customers squeezed by inflation are choosing cheaper menu items and visiting their restaurants less often, signaling trends that could be hitting the br...
McDonald’s raises price of UK cheeseburger for first time in 14 years
McDonald’s has raised the price of its cheeseburgers in the U.K. for the first time in 14 years. Justin Sullivan | Getty Images News | Getty Images McDonald’s hiked the price of its cheese...
Chipotle Mexican Grill (CMG) Q2 2022 earnings
People visit a Chipotle restaurant on February 09, 2022 in Miami, Florida. Joe Raedle | Getty Images Chipotle Mexican Grill on Tuesday reported disappointing sales as price hikes helped boost profits ...
Walmart’s slashed profit outlook sends consumer health warning
Shares of retailers including Macy’s, American Eagle and Amazon fell Tuesday, a day after Walmart slashed its profit forecast and warned that surging prices for food and gas are squeezing consum...
McDonald’s (MCD) Q2 2022 earnings beat estimates
A sign is posted in front of a McDonald’s restaurant on April 28, 2022 in San Leandro, California. Justin Sullivan | Getty Images McDonald’s on Tuesday said both price hikes and value item...
Walmart, Shopify, 3M, General Electric and more
Vehicles pass a Walmart store in Torrance, California, on Sunday, May 15, 2022. Bing Guan | Bloomberg | Getty Images Check out the companies making headlines in midday trading Tuesday. Walmart – Share...
McDonald’s franchise owners back no-confidence vote on CEO, survey says
Chris Kempczinski, McDonald’s, speaks during a press conference in New York, November 17, 2016. Shannon Stapleton | Reuters McDonald’s franchisees unhappy with changes being made to owners...
Yum Brands says it is close to selling its Russian KFC business
A woman walks near closed KFC and McDonald’s restaurants that suspended their business in Russia due to the military invasion of Ukraine, April 16, 2022, in Moscow, Russia. Konstantin Zavrazhin ...
Bed Bath & Beyond, Carnival, Upstart and more
A security guard stands next to a Bed Bath & Beyond sign at the entrance to a New York City store location. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Bed Bath &...
McDonald’s simplifies franchising policies to attract more diverse candidates
The logo for McDonald’s is seen on a restaurant in Arlington, Virginia, January 27, 2022. Joshua Roberts | Reuters McDonald’s is making changes to how it awards franchises in the hopes of ...
Crypto start-up MoonPay in NFT deal with Universal, Fox
MoonPay co-founder and CEO Ivan Soto-Wright at the Bitcoin 2022 conference in Miami. MoonPay Crypto start-up MoonPay said Tuesday that it’s partnering with Universal Pictures, Fox Corporation an...
Inflation and recession fears are squeezing some industries more than others
A woman pushes a shopping cart through the grocery aisle at Target in Annapolis, Maryland, on May 16, 2022, as Americans brace for summer sticker shock as inflation continues to grow. Jim Watson | AFP...
Attractive ETF for a volatile market is DIVO: Amplify ETFs CEO
Investors may want to consider a special fund focused on high dividend yielding large-caps, according to a leading ETF fund manager. Christian Magoon believes his firm’s actively managed Amplify...
Carl Icahn loses proxy fight with McDonald’s over animal welfare
Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Activist investor Carl Icahn lost his proxy fight with McDonald’s on Thursday, signaling that shareh...
McDonald’s shareholders vote on Carl Icahn proxy fight over animal welfare
Signage outside a McDonald’s Corp. fast food restaurant in Louisville, Kentucky, U.S., on Friday, Oct. 22, 2021. Luke Sharrett | Bloomberg | Getty Images McDonald’s shareholders meeting on...
Wendy’s shares surge as Trian, its largest shareholder, explores potential deal
A drive-thru window of a Wendy’s restaurant in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images Shares of Wendy’s surged roughly 15% in extended trading Tuesday after a filing rev...
Starbucks will exit Russia after 15 years, closing 130 licensed cafes
After 15 years operating in Russia, Starbucks will exit the market, joining companies like McDonald’s, Exxon Mobil and British American Tobacco in withdrawing from the country completely. The co...
McDonald’s exiting Russia after 32 years is the end of an era
Soviet customers stand in line outside the just opened first McDonald’s in the Soviet Union on January 31, 1990 at Moscow’s Pushkin Square. Vitaly Armand | Afp | Getty Images It was 4 a.m....
McDonald’s to sell Russian business to existing Siberian licensee
The Kremlin’s towers and passers-by are seen reflected in the window of a closed McDonald’s restaurant in Moscow on May 16, 2022. Natalia Kolesnikova | AFP | Getty Images McDonald’s ...
McDonald’s to sell Russia business after pausing operations due to Ukraine war
McDonald’s said Monday that it will sell its business in Russia, a little more than two months after it paused operations in the country due to its invasion of Ukraine. “The humanitarian c...