Fast-food chains have become a ubiquitous part of modern America. From small local diners to global fast-food giants, there's a wide variety of options when it comes to grabbing a quick meal.
Starbucks Corporation (NASDAQ: SBUX) CEO Howard Schultz could be subpoenaed before a committee led by Sen. Bernie Sanders (I-Vt.) if the latter has his way.
Papa John's International, Inc. (NASDAQ: PZZA) reported fourth quarter FY22 sales decline of 0.5% year-on-year to $526.2 million, beating the analyst consens
Chipotle Mexican Grill, Inc.’s (NYSE: CMG) positive earnings issued earlier in February and plans for expansion have some investors feeling bullish about the fast-casual chain's future.
Restaurant Brands International Inc (RBI) (NYSE: QSR) issued its fourth-quarter results on Tuesday that highlighted sales growth in key areas, which lead an analyst at KeyBanc Capital Markets to upgrade the stock.
Chipotle Mexican Grill, Inc (NYSE: CMG) was trading near-flat on Tuesday heading into the print of its fourth-quarter financial results after the market closes.
Shares of Starbucks Corporation (NASDAQ: SBUX) remained under pressure in early trading on Friday, after the company’s fiscal first-quarter earnings missed expectations.
Analysts at Guggenheim Partners had not rescinded their initial outlook that the restaurant industry would struggle to structurally grow margins as long as the unemployment rate stayed below 4%.
But the firm said Thursday it was betting on one group to outperform.