Shake Shack and McDonald's have gained some momentum, and "Fast Money" traders picked their favorite burger stock.» Read More
U.S. stocks closed lower under pressure from an overnight plunge in the Shanghai Composite and a continued decline in commodities.
Wendy's is testing antibiotic-free chicken items as it evaluates a broader move away from antibiotics in the meat.
*Burger King comp sales up 6.7 pct; Tim Hortons' 5.5 pct. July 27- Restaurant Brands International Inc, formed out of Burger King's takeover of Canadian coffee chain Tim Hortons last year, reported a better-than-expected quarterly profit as new menu items helped attract customers. "I think has been more innovative with their new product offerings than McDonald's...
NEW YORK— Burger King got a boost from the return of its "Chicken Fries." Parent company Restaurant Brands International Inc. said Monday sales rose 7.9 percent at Burger King locations in the U.S. and Canada during the second quarter. Restaurant Brands CEO Daniel Schwartz said Chicken Fries are profitable as well because they have a high gross margin and...
"Fast Money" Trader and coffee lover Pete Najarian puts three java giants to the test in a blindfolded tasting.
It's not easy to be worth more than 10 digits before you hit 25, but several of these entrepreneurs have mastered the task.
According to the latest Big Mac Index, the value of the dollar continues to fatten in much of the fast-food eating world.
U.S. stocks closed lower on Thursday as a deluge of mostly lackluster earnings pressured the major averages.
McDonald's stock turned negative after one executive mentioned a key investor selling point of the Dow component: its dividend.
July 23- McDonald's Corp's new chief executive expects global sales at established restaurants to grow in the current quarter, reversing more than a year of declines, and said his turnaround plan is showing early signs of taking hold. Net income tumbled 13 percent to $1.20 billion, or $1.26 a share, in the second quarter. Easterbrook has responded to intense U.S....
This earnings season is shaping up to be a clear case of the haves versus the have nots based on dollar exposure.
July 23- McDonald's Corp's new chief executive expects global sales at established restaurants to grow in the current quarter, reversing more than a year of declines, and said his turnaround plan was showing early signs of taking hold. Since taking the helm in March, McDonald's CEO Steve Easterbrook repeatedly has vowed to turn McDonald's into "a modern,...
Winning $15 an hour is a big deal: It means no food stamps and being able to support four kids and a wife with cancer, says KFC worker Alvin Major.
July 23- McDonald's Corp's said it expects global comparable sales to rise in the current quarter, after four straight quarters of decline, as its new chief executive's initiatives to boost sales start paying off along with a recovery in China. McDonald's has been struggling on myriad fronts- it is trying to recover from a food scare in China that battered Asian...
U.S. stock index futures traded mixed, amid a swathe of major earnings including Amazon.com, Caterpillar, McDonald's and General Motors.
July 23- McDonald's Corp's second-quarter profit fell 13 percent, hurt by a decline in global same-store sales as fewer customers ate at its restaurants. The company's net income fell to $1.20 billion, or $1.26 per share, from $1.39 billion, or $1.40 per share, a year earlier. Total revenue fell 10 percent to $6.50 billion.
Some of the names on the move ahead of the open.
NEW YORK— McDonald's is looking at variety of changes to win back customers in the U.S.: A new value message to replace the Dollar Menu, breakfast all day, and nips and tucks to improve the taste of its burgers. Overseas, McDonald's Corp. said the sales figure rose 1.2 percent in Europe. It fell 4.5 percent in the segment including Asia, the Middle East and Africa, as China...
Fast food giant McDonald's beat analysts' earnings and revenue estimates on Thursday, but a key sales metric fell short of forecasts.
Amazon.com, Caterpillar, McDonald's and GM are among the 50 odd companies reporting Thursday, making it the busiest day of the earnings season.