Cava on Thursday raised its full-year outlook as its restaurants reported strong traffic, fueling better-than-expected quarterly…
Tag: Restaurants
Restaurant CEOs’ new favorite word is value as they aim to bring back customers
A sign advertises meal deals at a McDonald’s restaurant in Burbank, California, on July 22, 2024.…
Kellanova stock climbs on reports of potential sale to M&M’s owner Mars
Signage for Kellanova outside the New York Stock Exchange on Sept. 5, 2023. AP Shares of…
Taco Bell to roll out AI drive-thru ordering in hundreds of locations by end of year
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
Starbucks glass art on a store in Tokyo. Jakub Porzycki | Nurphoto | Getty Images Starbucks…
McDonald’s is falling short, needs to win over low-income consumers, key exec tells operators in memo
A McDonald’s fast-food restaurant in Manhattan, New York, on July 6, 2024. Beata Zawrzel | Nurphoto…
PepsiCo earnings beat estimates, but U.S. demand weakens
Pepsi bottles with new and previous logos are seen at the grocery store in Las Vegas,…
AI drive-thru ordering is on the rise — but it may take years to iron out its flaws
The drive-thru menu at a McDonald’s restaurant showing various meal options and promotions, in Buttonwillow in…
Starbucks debuts fruity energy drink less than two months after Panera discontinues highly caffeinated Charged Lemonade
Starbucks on Tuesday launched a drink at stores nationwide called Iced Energy, which has up to…
Darden beats on earnings, even as Olive Garden, fine-dining sales drag
Olive Garden Italian restaurant sign showing company logo, Spokane Valley, Washington, owned by Darden Restaurants Incorporated…
Cocoa prices are soaring. Candy makers will need to get creative
Dried cocoa beans at the Somos Cacao farm and production facility in Ragonvalia, Norte de Santader…
Olive Garden parent Darden Restaurants beats earnings estimates, despite weak fine dining sales
A customer carries an Olive Garden shopping bag in Pittsburg, California, US, on Friday, Dec. 9,…
Kraft Heinz picks new CEO as sales slump in the face of higher prices
Kraft Heinz products arranged at a Stop & Shop store in Dobbs Ferry, New York, July…
Procter & Gamble sales rise slightly, fueled by higher prices
Tide laundry detergent is shown on display in Compton, California, U.S., January 10, 2017. Mike Blake…
Small businesses may have a hard time finding teen workers this summer
As the summer hiring market heats up, small and seasonal businesses may find they’re missing a…