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U.S. Restaurant Spending Sustained Despite Price Rises

The latest round of earnings results for U.S. fast-food chains showed that consumers have shown a willingness to continue spending despite a rise in menu prices. Wingstop led the charge with a 20.15 rise in same-store sales over the first quarter, while McDonald's, Starbucks,...

Taco Bell, KFC Parent Company Yum! Brands Meets Expectations With Q1 Earnings

Yum! Brands, the parent company of fast food chains KFC, Pizza Hut, and Taco Bell, reported its first-quarter earnings on Wednesday, largely meeting Wall Street's expectations. The company's revenue of $1.63 billion was accurately forecast by analysts, as was its' adjusted earnings per share of...

Investors Look to Domino’s Earnings to Understand Effects of Price Increases

With Domino's Pizza set to report its fourth-quarter earnings before the market opens on Thursday, investors look towards these results to assess the impact of U.S. price increases amid rising inflation. According to Bloomberg, the restaurant chain is expected to deliver a $1.43 billion...

Shake Shack Earnings in Line With Expectations

Shake Shack announced its latest quarterly earnings on Thursday which mostly fell in line with Wall Street expectations. The company's fourth-quarter revenue hit $238.5 million, narrowly beating estimates of $238.2 million as reported by Bloomberg. Other results included Adjusted earnings per share of -$0.06, narrowly...

Wendy’s Quarterly Sales Come Up Short

Fast food restaurants have been America's bread and butter for as long as anyone can remember. It's hard to imagine a time when they didn't exist because they make up such a potent fabric of society today. And yet, while many fast food chains have...