Reading Time: < 1 minute Restaurant Brands reported fourth-quarter comparable sales above estimates on Thursday, helped by resilient traffic at its Burger King and Tim Hortons chains.
Tag Archives fast food
Burger King-owner Restaurant Brands beats fourth-quarter sales estimates
Weight-loss pill approval set to accelerate food industry product overhauls
Reading Time: 3 minutes Packaged food makers and fast-food restaurants may be forced to overhaul more of their products next year as newly approved, appetite-suppressing GLP-1 pills become available in January, analysts say.
McDonald’s posts biggest US sales decline in nearly five years
International sales rise, driven by Middle East and Japan
Reading Time: 2 minutes McDonald's posted a steeper-than-expected drop in quarterly U.S. comparable sales on Monday, as demand took a hit from a brief E.coli outbreak while diners remained watchful of their spending.
Yum Brands reports surprise fall in global sales amid KFC’s struggles in US
Reading Time: < 1 minute Yum Brands reported a surprise fall in worldwide same-store sales on Tuesday as its KFC chain grapples with sluggish demand in the U.S., as well as choppy international sales.
McDonald’s global sales fall on muted demand; E. coli outbreak fallout looms
Reading Time: 2 minutes McDonald's posted a steeper-than-expected drop in quarterly global sales, hurt by muted demand across key markets, including Europe and the United States where it is expected to face more weakness as the burger giant reels from a deadly E. coli outbreak.
McDonald’s to make its own ‘McPlant’ items
Beyond Meat says co-created patty
Reading Time: < 1 minute Reuters — Burger chain McDonald’s on Monday decided to debut its own plant-based meat alternatives line called “McPlant” in 2021, including a patty that Beyond Meat subsequently said it helped co-create. “Beyond Meat and McDonald’s co-created the plant-based patty which will be available as part of their McPlant platform,” a Beyond Meat spokesperson said in […] Read more
Restaurant Brands to boost outlets by 54 per cent within 10 years
Reading Time: 2 minutes Reuters — Restaurant Brands International said on Wednesday it plans to expand all three of its brands to more than 40,000 restaurants globally, a 54 per cent jump, over the next decade. Big fast food chains, including McDonald’s and KFC owner Yum Brands, have been aggressively expanding their international operations to counter slowing growth in […] Read more
Consumers want sustainable beef, but defining that may be murky
Reading Time: 3 minutes CNS Canada –– McDonald’s plans on using sustainable beef by 2016, and intends on sourcing at least part of it from Canadian producers. The fast food giant’s latest step toward sustainability is to define what exactly that means. Defining sustainability is important, according to a beef brand officer, because in some cases it’s something consumers […] Read more
McDonald’s says rough ride to continue into 2015
Reading Time: 2 minutes Reuters — McDonald’s Corp. warned Friday that business will be weak in the first half of 2015 and it is cutting its annual construction budget to the lowest in more than five years as it opens fewer restaurants in struggling markets. The world’s largest fast-food chain, with more than 36,000 restaurants around the globe, just […] Read more
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