Arcos Dorados Holdings Inc (NYSE: ARCO) reported stronger-than-expected sales and achieved an impressive gross margin recovery in its fourth-quarter report, with “better operating leverage on leaner cost structures,” according to BofA Securities.
Just Eat Takeaway.com N.V. and McDonald’s Corp (NYSE:MCD) have entered into a global strategic partnership to support the McDelivery business. The financial terms…
Nextbite has partnered with the IHOP restaurant chain to roll out two delivery-only brands, Thrilled Cheese and Super Mega Dilla. IHOP restaurants are franchised by affiliates of Glendale, California-based Dine Brands Global Inc (NYSE: DIN).
Companies have pulled out of Russia in record numbers after the country invaded Ukraine. Russia is retaliating against some of the companies by looking the other way or ending patent protection on trademarks. Here’s the latest.
Starbucks Corporation’s (NASDAQ: SBUX) stock has "underperformed our low expectations” since December 2021, which includes the announcement of the company’s fiscal first-quarter earnings in February, according to JPMorgan.