restaurants

Why Panera Is Boosting Delivery Effort Ahead of Acquisition

With a $7.5 billion acquisition pending, Panera Bread Co. (NASDAQ: PNRA) said Monday morning that it will go ahead with plans to boost its delivery service by 35% to 40% ...
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Subway Shuttered Hundreds Of Restaurants In 2016

Subway is the world's largest fast-food chain, based on locations. Its last official count was 44,788 in 112 countries. In the U.S., however, Subway is shrinking and shed hundreds of ...
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Warren Buffett to Go After Panera

In what may honestly be referred to as a battle of the giants, Brazilian private equity firm 3G Capital and Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) may be preparing ...
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Yum China Rises Despite Mixed Earnings

Yum China Holdings Inc. (NYSE: YUMC) reported its first-quarter financial results before the markets opened on Thursday. The company posted $0.44 in earnings per share (EPS) and $1.28 billion in ...
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JAB Adds Panera Bread to Its Long List of Popular Consumer Brands

News that Luxembourg-based investment firm JAB Holding Company has purchased another consumer-oriented household name is no longer a shocker, but the deals still make headlines. Wednesday morning JAB announced that ...
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Chipotle Board to Lose 4 More Directors

Under pressure from activist investor Bill Ackman and his Pershing Square Capital Management fund, Chipotle Mexican Grill Inc. (NYSE: CMG) in December expanded its board of directors from nine to 12 ...
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McDonald’s Beats Back Workers’ Lawsuit

A U.S. District Court in Northern California ruled last Friday that McDonald's Corp. (NYSE: MCD) does not control wages paid to workers at its franchised stores and is not liable ...
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Burrito

Large Investor Registers Chipotle Shares, Could (But May Not) Sell

Another investor may have become tired of the mess at Chipotle Mexican Grill Inc. (NYSE: CMG). William A. Ackman's Pershing Square has filed papers that would allow for the sale 2,882,463 ...
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Big Mac McDonalds

Why Investors Aren’t Hungry for Shake Shack Earnings

Shake Shack Inc. (NYSE: SHAK) reported fourth quarter financial results after markets closed on Wednesday. The burger joint said that it had $0.09 in earnings per share (EPS) and $73.3 ...
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McDonald's

McDonald’s Built on Ancient Roman Highway

Running into an historically important archeological site while constructing a new structure can be a big headache for the developer. But when McDonald's Corp. (NYSE: MCD) discovered a piece of ...
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chicken wings

Is Popeyes Getting Enough in the Buyout?

Popeyes Louisiana Kitchen Inc. (NASDAQ: PLKI) saw its shares hit new highs on Tuesday after it was announced that the company would be bought out by Restaurant Brands International Inc. ...
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French fries

Burger King Is Eating McDonald’s Lunch

The burger wars just never seem to end, and the battle for fast-food dollars remains endless. The parent of Burger King and Tim Hortons is Restaurant Brands International Inc. (NYSE: ...
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Fried Chicken

The Drag on Yum! Brands Earnings

Yum! Brands Inc. (NYSE: YUM) reported fourth-quarter and full-year 2016 results before markets opened on Thursday. For the quarter, the fast-food restaurant operator posted adjusted diluted earnings per share (EPS) ...
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Burrito

How Chipotle Took a Big Bite Out of Earnings

When Chipotle Mexican Grill Inc. (NYSE: CMG) reported its fourth-quarter financial results late Thursday, it said that it had $0.55 in earnings per share (EPS) and $1.03 billion in revenue. Consensus ...
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Megpies

Starbucks Sinks on Flat Earnings

Starbucks Corp. (NASDAQ: SBUX) reported fiscal first-quarter financial results after markets closed on Thursday. The company posted $0.52 in earnings per share (EPS) and $5.7 billion in revenue, versus consensus ...
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