restaurants

Harolds Chicken Shack

Why Shake Shack Needs Chicken to Justify $3 Billion Market Value

One of this year’s most successful initial public offerings (IPOs) was from Shake Shack Inc. (NYSE: SHAK), which priced at $21 a share, doubled on its first day of trading ...
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Happy-Meal

McDonald’s Credit Takes Another Downgrade

Credit rating agency Moody’s Investor Services Friday downgraded the senior unsecured debt ratings on McDonald’s Corp. (NYSE: MCD) from A2 to A3 and short-term commercial paper has been dropped from ...
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What to Expect From El Pollo Loco Earnings

El Pollo Loco Holdings Inc. (NASDAQ: LOCO) is set to release its most recent quarterly earnings Thursday after the markets close. The consensus estimates from Thomson Reuters are $0.17 in ...
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McDonald's french fries

McDonald’s Punishing Its Credit With Dividend and Buyback Ambitions

Joining with the other major credit ratings agencies, Fitch Ratings on Friday downgraded its issuer default rating on McDonald’s Corp. (NYSE: MCD) from A to BBB+ on long-term debt and ...
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Happy-Meal

Why Weak McDonald’s Sales Are Looking Good

After having a first quarter full of ups and downs, McDonald’s Corp. (NYSE: MCD) is looking just a little more stable after the golden arches reported its global comparable sales ...
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Wingstop Logo

Wingstop Finally Files for IPO

Wingstop has filed to come public via an initial public offering (IPO). If you have any question about what the company does, it is a top restaurant chain focused on ...
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McDonalds-Beijing

McDonald’s Credit Ratings Fall on Turnaround Plan Share Buybacks

While shareholders had some reason to be pleased with the McDonald’s Corp. (NYSE: MCD) turnaround plan announced on Monday, those reasons were not shared by two credit ratings agencies. Both ...
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Would Yum Dare Spin Off Its China Operations? (UPDATE)

Yum! Brands Inc. (NYSE: YUM) is finding itself targeted by an activist investor. Corvex Management's Keith Meister keyed in on the Ira Sohn Conference, with the view that a Yum ...
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Happy-Meal

McDonald’s Falls on Turnaround Announcement

No turnaround plan can change overnight a mess that has taken years to build. That is why every turnaround plan ever announced contains a plea for patience. Monday’s turnaround plan ...
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dv1897014

Will McDonald’s Turnaround Plan Include More for Employees?

McDonald’s Corp. (NYSE: MCD) CEO Steve Easterbrook is scheduled to announce Monday morning the “initial steps” of his turnaround plan for the struggling fast-food giant, and a workers’ group wants ...
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McDonalds-Beijing

Why Investors Are Cheering Poor Sales and Earnings at McDonald’s

McDonald’s Corp. (NYSE: MCD) reported first-quarter 2015 results before markets opened Wednesday. The fast-food restaurant chain posted diluted earnings per share (EPS) of $0.84 on revenues of $5.96 billion. In ...
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KFC Restaurant

Has Yum Finally Turned Its Earnings Around?

Yum! Brands Inc. (NYSE: YUM) reported its first-quarter results Tuesday after the markets closed as $0.80 in earnings per share (EPS) on $2.6 billion in revenue. This compares to Thomson ...
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Chipotle logo

Chipotle Earnings Not Hot Enough to Satisfy Investors

Chipotle Mexican Grill Inc. (NYSE: CMG) released its first-quarter financial results Tuesday after the markets closed. The burrito purveyor had $3.88 in earnings per share (EPS) on $1.09 billion in ...
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McDonald's

McDonald’s Raises to Cost Nearly $200 Million

When McDonald’s Corp. (NYSE: MCD) announced on Wednesday that it would raise wages for 90,000 employees who work in company-operated stores, it said that by July 1, 2015, McDonald’s will ...
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McDonalds Store

McDonald’s Fails to Halt Sales Drop

McDonald’s Corp. (NYSE: MCD) on Monday morning announced same-store sales for February, and while the global decline of 1.7% is a bit better than January’s decline of 1.8%, U.S. sales ...
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