Restaurants

Coffee giant Starbucks Corporation (NASDAQ:SBUX) is amending its return-to-work policy for corporate employees, which could create a significant conflict of interest given the treatment afforded to new CEO Brian Niccol. What Happened: As Starbucks seeks to complete a turnaround from declining sales...

Yum! Brands Inc. (NYSE:YUM) subsidiary KFC announced its “Kentucky Fried Comeback” campaign on Monday, launching a comprehensive brand revival strategy amid intensifying competition in the quick-service restaurant sector. The Louisville-based chain is offering free eight-piece chicken...

KeyBanc Capital Markets initiated coverage on CAVA Group, Inc. (NYSE:CAVA), also known as Cava Grill, a Mediterranean fast-casual restaurant chain with locations across the U.S. The analyst Christopher Carril writes, “We believe CAVA has the potential to define the category and bring...

The restaurant sector could be the next to be disrupted by rising use cases for artificial intelligence. Here's a look at how Dine Brands Global Inc (NYSE:DIN) is embracing the technology. What Happened: If you're one of the consumers who go to restaurants and order the same thing, or a consumer...

Darden Restaurants Inc. (NYSE:DRI) shares are trading slightly lower on Wednesday. The company will release its fourth-quarter financial results before the market opens on Friday, June 20. Here are the analysts’ takes on the stock before the earnings release: Truist Securities...

The restaurant chain's IPO application reveals a complex mix of market trends in the first quarter, including a big rise in customer numbers but lower spending per customer Key Takeaways: Banu International has filed to list in Hong Kong, reporting strong revenue and profit growth in this year's...

Weight-loss drugs are suppressing appetites for millions of Americans, threatening to upend dining habits at fast-food chains and casting a shadow over the restaurant industry’s long-term growth. The stark warning came from Redburn Atlantic, which on Tuesday issued a rare double downgrade on...

Starbucks Corp. (NASDAQ:SBUX) is eliminating one of its most generous loyalty program benefits as part of CEO Brian Niccol‘s broader strategy to improve profit margins and reposition the coffee chain as a premium brand. What Happened: Beginning June 24, Starbucks will end its 25-star bonus...

Restaurant company Steak ‘n Shake is a sponsor of the Bitcoin 2025 Conference and used the event to share an update on its recent push into Bitcoin (CRYPTO: BTC) as a payment option, as it also embraced the crypto community via social media posts. What Happened: While many in attendance at the...

B Of A Securities analyst Sara Senatore increased the price forecast for CAVA Group, Inc. (NYSE:CAVA) from $112 to $121 while reiterating a Buy rating. On Friday, CAVA’s first-quarter revenue increased 28.2% year-over-year to $331.83 million, beating the consensus estimate of $326.88...

CAVA Group Inc (NYSE:CAVA) reported first-quarter financial results after the market close on Thursday. Here’s a rundown of the report. Q1 Earnings: Cava's first-quarter revenue increased 28.2% year-over-year to $331.83 million, beating the consensus estimate of $326.88 million, according to ...

Arcos Dorados Holdings Inc. (NYSE:ARCO) shares are trading lower on Wednesday after the company reported first-quarter results. Arcos Dorados Holdings is the master franchise of the fast food restaurant chain McDonald’s in 20 countries and territories across Latin America and the Caribbean....

As co-founder of Lobster Boys LLC and a fourth-generation lobsterman, Justin Maderia has seen firsthand how global trade tensions ripple through local economies. With the U.S. seafood market generating over $31 billion annually—and relying on Canada for more than two-thirds of its imports—tariffs...

Chinese e-commerce company, JD.com Inc. (NASDAQ:JD) is shaking up China’s food delivery market with its bold zero-commission model, while taking aim at the global meal delivery scene as well. What Happened: During its first quarter earnings call on Tuesday, JD.com’s CEO, Sandy Xu said...

McDonald’s Corp. (NYSE:MCD) announced Monday one of its largest hiring initiatives in years, seeking to add 375,000 employees across U.S. locations this summer as the fast-food giant pursues aggressive expansion despite recent sales challenges. What Happened: Joe Erlinger, McDonald’s U....