Darden Restaurants earnings disappoint as Olive Garden, fine dining sales struggle

[ad_1] Darden Restaurants on Thursday reported weaker-than-expected quarterly earnings and revenue as sales weakened at Olive…

Nelson Peltz steps down as chair of Wendy’s board, starting a new era for burger chain

[ad_1] Nelson Peltz speaking at the 2019 Delivering Alpha conference in New York on Sept. 19,…

Cava earnings beat estimates as restaurant traffic climbs nearly 10%

[ad_1] Cava on Thursday raised its full-year outlook as its restaurants reported strong traffic, fueling better-than-expected…

Restaurant CEOs’ new favorite word is value as they aim to bring back customers

[ad_1] A sign advertises meal deals at a McDonald’s restaurant in Burbank, California, on July 22,…

Kellanova stock climbs on reports of potential sale to M&M’s owner Mars

[ad_1] Signage for Kellanova outside the New York Stock Exchange on Sept. 5, 2023. AP Shares…

Taco Bell to roll out AI drive-thru ordering in hundreds of locations by end of year

[ad_1] A Taco Bell fast-food restaurant and drive-thru at dusk in Gastonia, North Carolina. Jeff Greenberg…

Starbucks revenue misses estimates as same-store sales decline for second straight quarter

[ad_1] Starbucks glass art on a store in Tokyo. Jakub Porzycki | Nurphoto | Getty Images…

McDonald’s is falling short, needs to win over low-income consumers, key exec tells operators in memo

[ad_1] A McDonald’s fast-food restaurant in Manhattan, New York, on July 6, 2024. Beata Zawrzel |…

PepsiCo earnings beat estimates, but U.S. demand weakens

[ad_1] Pepsi bottles with new and previous logos are seen at the grocery store in Las…

AI drive-thru ordering is on the rise — but it may take years to iron out its flaws

[ad_1] The drive-thru menu at a McDonald’s restaurant showing various meal options and promotions, in Buttonwillow…

Starbucks debuts fruity energy drink less than two months after Panera discontinues highly caffeinated Charged Lemonade

[ad_1] Starbucks on Tuesday launched a drink at stores nationwide called Iced Energy, which has up…

Darden beats on earnings, even as Olive Garden, fine-dining sales drag

[ad_1] Olive Garden Italian restaurant sign showing company logo, Spokane Valley, Washington, owned by Darden Restaurants…

Cocoa prices are soaring. Candy makers will need to get creative

[ad_1] Dried cocoa beans at the Somos Cacao farm and production facility in Ragonvalia, Norte de…

Olive Garden parent Darden Restaurants beats earnings estimates, despite weak fine dining sales

[ad_1] A customer carries an Olive Garden shopping bag in Pittsburg, California, US, on Friday, Dec.…

Kraft Heinz picks new CEO as sales slump in the face of higher prices

[ad_1] Kraft Heinz products arranged at a Stop & Shop store in Dobbs Ferry, New York,…