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Finance / Investment News & Media

McDonald's enjoys same store sales growth in Q3

October 27, 2021

McDonald's shares have risen 11% this year, according to a CNBC report, as the Chicago-based burger chain saw same sales growth both domestically and…

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Global Restaurants International sales up 11% in Q3 2021

October 25, 2021

Restaurant Brands International, parent company to Tim Hortons, Popeyes and Burger King, has announced financial results for the third quarter ended Sept. 30…

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Odd Burger begins trading in US with OTC listing

October 8, 2021

Odd Burger Corp. has completed its listing on the U.S. trading market with its common shares being posted on the OTC (QB) under the symbol GBLYF.

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Krispy Kreme lays plans to go public

June 2, 2021

Longtime North Carolina-based doughnut QSR, Krispy Kreme, said it wants to go public and sell stock again. The company, owned by Europe's JAB Holding, relayed…

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Delight Restaurant Group buys 44 Long Island Wendy's

May 18, 2021

The Delight Restaurant Group has acquired 44 Wendy's Long Island-based restaurants in New York and has plans to build several Wendy's restaurants in the area…

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Nathan's partners with Ghost Kitchen Brands to drive footprint expansion

April 20, 2021

Nathan's Famous, Inc. is teaming up with Ghost Kitchen Brands to drive expansion with goals to open 60 non-traditional U.S. locations and 40 stores in Canada…

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Money talks: A look into what private equity looks for

by S.A. Whitehead — Food Editor, Net World Media Group

Unprecedented change across any business, like that of the last year, tends to also trigger a flood of interest from investors. Such is the case with the fast…

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SBA to have exclusive PPP loan application for small firms

February 22, 2021

Businesses with less than 20 employees can apply for coronavirus relief for 14 days starting Wednesday, according to a report in The Wall Street Journal.

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Inspire Brands' acquisition of Dunkin’ will more than double company's size

In a mammoth deal announced Saturday, 11,000-unit Inspire Brands signed a merger agreement with 20,500-unit Dunkin' Brands for a move that may signal some…

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Taco Bell ticks up Yum Brands Q3 results

October 29, 2020

Yum Brands revealed third-quarter results Thursday that made clear the power of the Taco Bell brand for the Louisville, Kentucky-based company. Worldwide…

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Inspire Brands acquiring Dunkin' Brands?

October 26, 2020

Dunkin' Brands Group Inc., the parent company of Dunkin' and Baskin-Robbins, has confirmed that it held preliminary discussions to be acquired by Inspire…

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Star-power, marketing boost McDonald's Q3 US sales

U.S. sales perked up substantially for the fast food giant in the third quarter, though international results still leave much to be desired.

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Yum China launches Hong Kong Stock Exchange public offering

August 31, 2020

Yum China Holdings Inc. is launching its Hong Kong public offering today, which a news release said forms part of the global offering of 41,910,700 new shares…

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Heftier check sizes boost Jack in the Box Q3 sales

August 6, 2020

Jack in the Box pulled out systemwide sales growth in the quarter that ended July 5 of 6.6%, driven by average check growth of 20.2%, though transactions were…

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Popeyes perks up RBI's Q2, Burger King, Tim Hortons pull it back down

The power of a really popular chicken sandwich buoyed otherwise dismal results for Restaurant Brands International and its Popeyes, Burger King and Tim Hortons…

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Wendy's Q2: Better-than-expected results in unprecedented times

Wendy's Q2 results are better than analysts' predictions.

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McDonald's Q2 earnings miss on sharp revenue drop

Even that behemoth of fast food, McDonald's, has been left a bit stupefied by the impact of the pandemic on its second quarter results.

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The tricky business of covering a QSR's COVID-19 costs

by S.A. Whitehead — Food Editor, Net World Media Group

Masks, gloves, anti-viral sprays and all the many other additional costs QSRs have to take on in order to also take on business in a pandemic really add up.

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Discover commits $5M to support Black-owned restaurants

July 6, 2020

Discover Financial Services has committed $5 million to provide assistance to Black-owned restaurants in the U.S. in the form of $25,000 grants for…

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A&W posts double-digit year-over-year May sales

June 11, 2020

Lexington, Kentucky-based A&W Restaurants posted a double-digit sales increase in May, compared with the year-ago period, with some franchise locations…

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