Restaurants

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....

Restaurant stocks that were hammered earlier in the week are starting to recover as markets respond to a major trade agreement between the U.S. and China. What To Know: After sharp declines sparked by President Donald Trump's aggressive tariff policy on Wednesday, a new 90-day truce announced...

Restaurant company Steak ‘n Shake is entering the world of cryptocurrency with plans to accept Bitcoin (CRYPTO: BTC) at all locations later this month. The move follows several other moves by the company targeting select groups of American consumers. What Happened: Steak ‘n Shake is adding Bitcoin...

Just months after assuming full control of its underperforming Chinese chain, Restaurant Brands International Inc. (NYSE:QSR) is moving swiftly to offload its Burger King China operations. What Happened: On Thursday, during its first quarter earnings call, the fast food holding company revealed...

Toast, Inc. (NYSE:TOST) released its first-quarter results after Thursday's closing bell. Here's a look at the details in the report.  The Details: Toast reported quarterly earnings of nine cents per share, which missed the Street estimate of 12 cents. Quarterly revenue came in at $1.34 billion, in...

Papa John’s International, Inc. (NASDAQ:PZZA) shares traded higher on Thursday in the premarket session. The company reported first-quarter adjusted earnings per share of 36 cents, beating the analyst consensus estimate of 35 cents. Quarterly sales of $518.31 million (up 1% year over year)...

Dutch Bros Inc. (NYSE:BROS) released its first-quarter results after Wednesday's closing bell. Here's a look at the key figures from the quarter.  The Details: Dutch Bros reported quarterly earnings of 14 cents per share, which beat the analyst consensus estimate of 11 cents. Quarterly revenue...

Dutch Bros Inc. (NYSE:BROS) is set to report its first-quarter financial results after Wednesday's closing bell. Here's a look at what to expect in the print.  What To Watch: Wall Street will be watching to see if the drive-thru coffee chain can maintain the remarkable growth reported in previous...

Wendy’s Co (NASDAQ:WEN) shares were rising in early trading on Monday, despite the company announcing on Friday downbeat first-quarter sales. The announcement came amid an exciting earnings season. Here are some key analyst takeaways. Truist Securities On Wendy’s Analyst Jake Bartlett...

Goldman Sachs analyst Christine Cho on Thursday reiterated a Neutral rating on the shares of McDonald’s Corp (NYSE:MCD) and raised the price forecast to $345. McDonald’s shares dipped 1.9%, underperforming the S&P 500 despite meeting earnings expectations due to disappointing sales...

Wingstop Inc. (NASDAQ:WING) shares are trading lower on Thursday On Wednesday, the restaurant franchise reported first-quarter earnings per share of 99 cents, beating the street view of 90 cents. Quarterly sales of $171.1 million (+17.4% year over year) marginally beat the analyst consensus...

Shares of Yum! Brands Inc (NYSE:YUM) remained under pressure after the company announced Wednesday downbeat first-quarter sales. Here are some key analyst takeaways. Piper Sandler analyst Brian Mullan reiterated a Neutral rating, while reducing the price target from $150 to $155. TD Cowen analyst...

McDonald’s Corp (NYSE:MCD) will report its first-quarter earnings on Thursday. Wall Street expects $2.66 in EPS and $6.09 billion in revenues as the company reports before market hours. The stock is up 16.11% over the past year, 8.38% year-to-date. Let’s examine the charts for McDonald...

Coffeehouse chain, Starbucks Corp. (NASDAQ:SBUX), is making a case for its resilience amid the slowdown, rising recession risks, and global trade uncertainty. What Happened: During Tuesday's second-quarter earnings call, CEO Brian Niccol addressed concerns about the company’s past...

Sysco Corp (NYSE:SYY) reported third-quarter FY25 sales growth of 1.1% year-on-year to $19.60 billion, missing the analyst consensus estimate of $20.05 billion. U.S. Foodservice operations sales rose 0.7% Y/Y, and International Foodservice sales slipped 1.1%. Gross profit decreased 0.8% Y/Y to $3.6...