Finance / Investment News
Yum China FY19 results rosy, but 2020 coronavirus pulls business back
February 6, 2020
After watching its stock soar 43% last year, Yum China's latest financials are already sending investors to the sell column as the company makes clear that the…
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McDonald's FY19 comp sales highest 10 years
January 29, 2020
McDonald's global comparable sales grew 5.9% — the most they have in more than a decade, while systemwide sales surpassed $100 billion and consolidated…
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Yum China closes Wuhan stores due to virus, Yum Brands declares dividend
January 27, 2020
Yum China confirmed that it has temporarily closed some of its KFC and Pizza Hut stores in Wuhan, China due to the well-publicized coronavirus outbreak there…
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Arby's open Tarboro, North Carolina store
January 15, 2020
Arby's is opening Monday in Tarboro, North Carolina. Under the ownership of Mosaic Red Hat Group, which also has 41 other locations of the chain in Florida…
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Are more mainstream QSR plant-based offerings sucking sales from vegan restaurants?
January 10, 2020
The increasing presence of plant-based options across the QSR sector appears to be draining some business away from all-vegan and all-vegetarian brands…
read nowMega-Burger King, Popeyes franchisee, Carrols Restaurant Group, names CFO
November 25, 2019
Burger King and Popeyes mega-franchisee, Carrols Restaurant Group, with nearly 1,100 U.S. locations of the chains, has named former Realogy Holdings Corp.
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Jack in the Box wraps fiscal year with 'strongest performance in 4 years' in same-store sales
November 21, 2019
Jack in the Box Inc. wrapped up its fiscal year and reported annual and fourth-quarter results showing improvement in sales the last quarter, but lower overall…
read nowEl Pollo Loco reports modest Q3 sales gain, revenue losses
November 1, 2019
El Pollo Loco Holdings Inc. turned in relatively lackluster financial results, for the third quarter that ended Sept. 25, showing total revenue and net income…
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Dunkin' Brands jolts upward via espresso + Baskin-Robbins best quarter in 2 years
October 31, 2019
Dunkin' Brands turned in a nice Q3 performance, marked by the Baskin-Robbins brand's best quarterly sales performance in nearly two years and a lot of Dunkin…
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KFC, Pizza Hut, Taco Bell parent turns in solid Q3 sales
October 30, 2019
Yum Brands, Inc. Q3 sales show the multi-brand QSR operator finished out September with solid performance across the board, including 8% global system sales…
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Popeyes, Burger King push RBI up, Tim Hortons drags it down
October 28, 2019
Coming off a quarter that saw its Popeyes brand take a profitable part in the chicken sandwich wars, the parent company of Popeyes and Burger King parent…
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McDonald's 'golden arches' droop as Q3 sales fall short
October 22, 2019
With its U.S. sales slowing down and fast food competition heating up, McDonald's turned in disappointing third-quarter financials that reined in investors…
read nowNew financial reporting system standardizes languages, currencies
October 21, 2019
Restaurant analytics company, Revenue Management Solutions, has launched an SaaS application called metiRi that gathers, consolidates, standardizes and…
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Church's says its turnaround is intensifying
October 8, 2019
Church's Chicken said its celebrating what it says is the continuation and strengthening the continuation of a turnaround for the 1,500-store global chain and…
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McDonald's quarterly dividend up 8% over last quarter
September 20, 2019
McDonald's said that its quarterly dividend that's payable in mid-December increased 8% over the previous quarter's dividend and will be $1.25 per share of…
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August 2019: Chicken feathers flew, QSR sales grew
September 11, 2019
Consumer spending on restaurants was up in August this year over last, according to the NPD Group, which said QSRs were the main recipients of the increased…
read nowBojangles' hires CKE exec as new CFO
September 3, 2019
Bojangles' has named former CKE Restaurants finance leader Reese Stewart as its CFO. Stewart was most recently chief accounting officer and senior vice…
read nowJack in the Box sees Q3 financial value in 'bundled value' promos
August 8, 2019
Jack in the Box released Q3 financial results this week, showing a 2.7% boost in same-store sales that leadership attributes in large part to bundled value…
read nowWendy's Q2 sales up, revenue down
August 7, 2019
Though burger QSR, Wendy's same-store sales grew slightly and topped predictions, revenue was off from estimates for the chain, which reported its…
read nowBurger King puts 'rocket fuel' into RBI Q2 sales
August 2, 2019
Three-brand powerhouse, Restaurant Brands International beat analysts predictions on its Q2 performance thanks largely to sales at its Burger King brand, which…
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