In this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. A federal lawsuit has been filed and is seeking class-action status alleging that...
Tag: Restaurant Brands International Inc
Chick-fil-A will test cauliflower sandwich
Chick-fil-A is making its cauliflower sandwich the same way as its original chicken sandwich. Source: Chick-fil-A Chick-fil-A will test its first plant-based entree: a cauliflower sandwich. The new sa...
McDonald’s, Taco Bell owner Yum rule amid high inflation
A girl waiting in line to pick up an order at a McDonald’s restaurant. Oleksii Chumachenko | SOPA Images | Lightrocket | Getty Images Fast-food chains are looking like the big winners in the fou...
Jim Cramer says he likes these 3 restaurant stocks
CNBC’s Jim Cramer on Thursday offered investors a list of his favorite stocks in the restaurant industry that he believes will do well as the economy eventually stabilizes. “Maybe the econ...
Target, Carnival, Advance Auto Parts, Lowe’s and more
Pedestrians pass by a Target store in the Tenleytown neighborhood of Washington, DC, on August 17, 2022. Mandel Ngan | AFP | Getty Images Check out the companies making headlines in midday trading. Ta...
Burger King owner hires former Domino’s CEO Patrick Doyle as chair
Patrick Doyle Scott Mlyn | CNBC Restaurant Brands International announced Wednesday that it is hiring former Domino’s Pizza CEO Patrick Doyle as its executive chair. Doyle, 59, was chief executi...
Restaurant Brands International (QSR) Q3 2022 earnings
A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported stronger sales ...
Rstaurant Brands International (QSR) Q3 2022 earnings
A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported quarterly earni...
Restaurant Brands, Under Armour, Peloton and more
Check out the companies making headlines before the bell: Restaurant Brands (QSR) – The parent of Burger King, Tim Hortons and Popeyes saw its stock rally 4% in premarket trading after the company rep...
Fanatics hires finance chief for sports-betting division before launch
Andrea Ellis has been appointed CFO of Fanatics Betting & Gaming. Source: Fanatics Fanatics is getting one step closer to launching its highly anticipated sports-gambling division, nearly five yea...
Wendy’s drive-thru lanes struggle, while Chick-fil-A has fastest service, report says
A worker hands a customer their order in the drive-through of a Wendy’s fast food restaurant in Pinole, California, on Wednesday, May 25, 2022. David Paul Morris | Bloomberg | Getty Images Wendy...
Burger King $400 million plan to revive U.S. sales with remodels, advertising
CASCAIS, PORTUGAL – Burger King signs are seen at the local fast food restaurant. Horacio Villalobos | Corbis News | Getty Images Burger King on Friday said it plans to spend $400 million over t...
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 ...
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...
Coinbase, AMTD Digital, Restaurant Brands, Alibaba and more
A Burger King restaurant seen in Milton, Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Check out the companies making the biggest moves in midday trading on Thursday: Coinbase —...
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 ...
Restaurant Brands International (QSR) Q2 2022 earnings
A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported quarterly earni...
Eli Lilly, Cigna, Restaurant Brands and more
Take a look at some of the biggest movers in the premarket: Eli Lilly (LLY) – The drug maker’s stock fell 3.6% in the premarket after it missed estimates with its quarterly results and cut its f...
There is deflation in some items as Wingstop notes dropping chicken wing prices
Three months ago, Wingstop put a shocker in its earnings release: It was seeing DEFLATION in bone-in chicken wing costs. The chicken chain reiterated the trend with its latest results Thursday morning...
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...
Taco Bell is running out of Mexican Pizza less than two weeks after its return
Taco Bell’s Mexican Pizza Source: Taco Bell Taco Bell is running out of its Mexican Pizza, less than two weeks after the chain brought back the menu item. The chain, owned by Yum Brands, said in...
Tim Hortons forecasts another year of Canadian same-store sales growth
Restaurant Brand International restaurants’ Tim Hortons and Popeyes. Randy Risling | Toronto Star | Getty Images Tim Hortons is anticipating Canadian same-store sales growth in the mid-to-high s...
Restaurant Brands International (QSR) Q1 2022 earnings
In this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. A federal lawsuit has been filed and is seeking class-action status alleging that...
Stock futures are lower after big market reversal to start May
Traders on the floor of the New York Stock Exchange, April 27, 2022. Source: NYSE U.S. stock futures moved lower Monday night after the major averages staged a big reversal to start the month. Dow Jon...
Bill Ackman is done with activist short-selling, will focus on quieter, long-term approach
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Investor Bill Ackman said Tuesday that he will no longer take part in vocal activist short selling campaigns, a ...
Western brands in Russian franchise deals
The Burger King name appears in Russian outside a Burger King fast food restaurant in Moscow, Russia, on Friday, April 5, 2013. Bloomberg | Getty Images Ukrainian President Volodymyr Zelelnskyy in his...
Burger King moves to divest from Russian joint venture
A man holds meals from the Burger King restaurant on May, 15, 2020 in Dedovsk, Russia. Mikhail Svetlov | Getty Images Burger King is moving to divest its 15% stake in its Russian business, but the bur...
Target’s solar panel carports at California store may be a green model
Target has added carport canopies with solar panels to power one of its California stores with renewable energy. The retailer said it will test the approach and may expand it to other locations. Targe...
Burger King halts corporate support for its 800-plus franchised locations in Russia
A man holds meals from the Burger King restaurant on May, 15, 2020 in Dedovsk, Russia. Mikhail Svetlov | Getty Images Burger King announced Thursday it has halted corporate support for its 800-plus fr...