-
2 Analysts React To Wingstop's Q3 Earnings
Tuesday, November 3, 2020 - 2:25pm | 416Wingstop Inc (NASDAQ: WING) reported third-quarter results that prompted one analyst to remain a bull while another is sticking to the sidelines. Cowen: 'Can Go The Distance' Wingstop's same-store sales in the third quarter were higher by 25.4% although this wasn't a surprise...
-
McDonald's Debuts Spicy Chicken McNuggets With Hilarious 'Spicesurance' Fine Print
Wednesday, September 16, 2020 - 1:35pm | 348Chicken nugget fans will be happy to know that its new Spicy Chicken McNuggets are now available nationally at McDonald's Corp (NYSE: MCD). What Happened: To promote the launch of spicy nuggets on Wednesday, McDonald's is offering consumers "Spicesurance," the company said in a...
-
In Honor Of National Chicken Wing Day, Here Are My 5 Favorite Chicken Wing Joints
Wednesday, July 29, 2020 - 5:15pm | 637Wednesday marks the 43rd annual National Chicken Wing Day. Established by Stan Makowski, then-mayor of Buffalo, New York, the holiday is meant to celebrate the delicious food item that makes the city world-renowned. Sort of. In honor of the glorious day, I present my most favorite chicken wing...
-
How The Popeyes Chicken Sandwich Is Helping Drive Sales Increases Despite The Pandemic
Tuesday, June 30, 2020 - 2:44pm | 367Remember the great chicken sandwich battles of 2019 that gave Restaurant Brands International Inc (NYSE: QSR) and its Popeyes chain a near-term boost? The momentum continues nearly a full year after the launch, according to Restaurant Brands CEO Jose Cil. What Happened: Popeyes first launched its...
-
Pilgrim CEO Takes Paid Leave Of Absence To Focus On Legal Battle
Monday, June 15, 2020 - 9:18am | 317Global food company Pilgrim's Pride Corporation (NASDAQ: PPC) announced over the weekend that its president and CEO Jayson Penn will temporarily step down to focus on a legal battle. What Happened: Penn and a handful of other executives in the chicken industry were charged with allegedly...
-
Tyson Says It's 'Fully Cooperating' Amid Price Fixing Probe: WSJ
Thursday, June 11, 2020 - 9:49am | 316Tyson Foods, Inc. (NYSE: TSN) confirmed it will cooperate with a U.S. Justice Department investigation related to price-fixing, The Wall Street Journal reported on Wednesday afternoon. What Happened: Tyson received a grand-jury subpoena in mid-2019 and discovered some of its own employees were...
-
Pilgrim's Pride Falls After Chicken Companies Are Charged With Price Fixing
Wednesday, June 3, 2020 - 1:37pm | 387The U.S. Justice Department indicted Pilgrim's Pride Corporation (NASDAQ: PPC) CEO Jayson Penn, former Vice President Roger Austin, along with Claxton Poultry Farms President Mikell Fries and Vice President Scott Brady for allegedly conspiring to fix prices on chickens, The Wall Street Journal...
-
Beef And chicken inventories Surge In April
Wednesday, May 27, 2020 - 5:18pm | 488U.S. beef and chicken inventories housed in cold storage facilities surge according to a report from agricultural data provider Gro Intelligence. U.S. beef inventories were 13.9% higher year-over-year in April, 6% above the five-year average and chicken inventories climbed 6.1% compared to April...
-
Chick-Fil-A Sauces Coming Soon To Grocery Stores
Thursday, March 12, 2020 - 12:16pm | 330How often do you find yourself awkwardly asking for 10 extra Chick-Fil-A sauces for your spouse who "forgot" to ask for them? You may no longer have to. What Happened Chick-fil-A said Wednesday it will sell some its iconic sauces in bottle format as part of a test pilot in Florida....
-
Would You Like Some Shoes With Your KFC Chicken?
Thursday, February 13, 2020 - 2:01pm | 361April fools didn't come early this year: Yum! Brands, Inc. (NYSE: YUM)'s KFC chain is teaming up with shoe company Crocs, Inc. (NASDAQ: CROX) to collaborate on a new line of shoes. What Happened KFC and Crocs will team up and create two limited-edition Crocs, the companies said in a...
-
Restaurant Brands Reports 34% Same-Store Sales Growth Thanks To Chicken Sandwich Success
Monday, February 10, 2020 - 12:12pm | 370Restaurant Brands International Inc (NYSE: QSR), the holding company of Burger King, Tim Hortons and Popeyes, reported a 34% same-store sales growth. Restaurant Brands earned 75 cents per share in the fourth quarter on revenue of $1.48 billion versus expectations of 73 cents per share and $1....
-
McDonald's Franchisees Name Chick-Fil-A Biggest Threat, Introduces New Chicken Breakfast Sandwich
Tuesday, January 28, 2020 - 11:25am | 348According to the vast majority of McDonald's Corp (NYSE: MCD) franchisees, the fast-food chain's biggest competitor is Chick-fil-A What Happened Mark Kalinowski of Kalinowski Equity Research, according to Nation's Restaurant News, surveyed McDonald's franchisees to better understand...
-
Chicken Wings Reign Supreme For Super Bowl Feasts
Tuesday, January 28, 2020 - 9:35am | 382Americans will combine to eat a record-breaking 1.4 billion chicken wings during the Super Bowl LIV weekend. Die-hard football fans or those who merely tune in to the big game for the commercials will put aside the chicken sandwich battle in favor of tasty wings. According to the National Chicken...
-
Chicken Sandwich Proxy Battle Playing Out Over MSG Use
Wednesday, January 22, 2020 - 10:32am | 342McDonald's Corp (NYSE: MCD) is testing a new chicken sandwich across three states and the National Owners Association is urging McDonald's franchise owners not to "get distracted" with inaccurate media reports concerning MSG. What Happened With McDonald's The National Owners...
-
Chick-Fil-A Testing Smaller Menu Size In Two Locations
Monday, January 6, 2020 - 2:09pm | 374Chicken fast food chain Chick-fil-A is testing a slimmer menu across all of Arizona and the city of Charlotte, North Carolina to see if it improves the overall guest experience. What Happened Chick-fil-A said in a press release it will test a modified menu in the two regions to "maintain...