Tag: Restaurant Industry

U.S. restaurant chain Chuck E. Cheese is reportedly exploring sale options amid emerging acquisition interest in the company, sources with knowledge on the matter revealed. This comes three years after the company went bankrupt. The restaurant chain, known for its pizza and arcade games, is...

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,...

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...

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...

Domino's Pizza Group Plc, the UK franchisee of the U.S.-listed Domino's Pizza Inc, reported a 16% dive in pre-tax profits for the first half of 2022. The company attributes this decline to rising costs and food inflation. Since the start of the conflict between...