fast food restaurants

Goldman Sachs analyst Christine Cho on Thursday reiterated a Neutral rating on the shares of McDonald’s Corp (NYSE:MCD) and raised the price forecast to $345. McDonald’s shares dipped 1.9%, underperforming the S&P 500 despite meeting earnings expectations due to disappointing sales...

Wendy’s Co (NASDAQ:WEN) reported a first-quarter 2025 sales decline of 2.1% year-on-year to $523.47 million, missing the analyst consensus estimate of $525.41 million. The decrease in total revenues resulted primarily from lower company-operated restaurant sales, lower advertising funds...

Fast food giant Taco Bell is launching its “Taco Bell Defy” restaurant on Tuesday, June 7. Here is what makes this new restaurant stand out. What Happened: First announced last year, the new Brooklyn Park, Minnesota Taco Bell location opens June 7 and is the first “Taco Bell...

Chipotle Mexican Grill Inc (NYSE: CMG) will continue expanding into Canada this year after a three-year hiatus. What Happened: Chipotle announced on Tuesday its plans to expand its presence in Canada. The Mexican restaurant chain will open its doors in Surrey, British Columbia,...

Restaurant chain Jack in the Box Inc. (NASDAQ: JACK) reported in February its best quarterly performance in more than 27 years. This can be attributed to management's quick action in the early stages of the COVID-19 pandemic, Jack in the Box CEO Darin Harris said on CNBC's "Squawk...

The case against owning Denny's Corp (NASDAQ: DENN) was based on the restaurant chain's heavy exposure in California, but now is the right "time to get off the sidelines," according to Stephens. The Denny's Analyst: James Rutherford upgraded Denny's stock rating from...

Wendys Co (NASDAQ: WEN) tweeted a promotional picture of its 4 for $4 menu option, which drew a surprising response from rival fast food burger chain, Burger King. Wendy's 4 for $4 meal consists of a Jr. Bacon Cheeseburger, chicken nuggets, fries, and a drink. The 4 for $4 Meal: a trayful of mouth-...

Mark Kalinowski of Nomura initiated coverage of U.S. restaurants with a mixed reaction. Kalinowski highlighted chain restaurant same-store sales trends "generally remain solid," but not all segments appear to be generating improvements. Kalinowski named Yum! Brands, Inc. (NYSE: YUM) and Papa John...

In a report published Tuesday, Stephens analyst Will Slabaugh reiterated an Overweight rating on Carrols Restaurant Group, Inc. (NASDAQ: TAST) with a price target raised to $12 from a previous $11 following investor meetings with the company's Chief Financial Officer Paul Flanders. Carrols...

Recent market action has not been kind to McDonald's (NYSE: MCD), the global fast food restaurant giant. Disappointing earnings, a meat scandal and a downgrade have McDonald's down for the last week, month and quarter of market action. For the year, McDonald's is off by nearly one...

Fighting back against disruptive protests outside its corporate headquarters and strong criticism inside, McDonald's (NYSE: MCD) CEO Don Thompson defended his company's wage scale, as well as its marketing practices, during the company's annual shareholders' meeting. Disgruntled McDonald's...

Things are heating up in the already competitive fast-food sector. Along with the recent Taco Bell (NYSE: YUM) breakfast menu campaign – that takes direct aim at industry giant McDonalds (NYSE: MCD) – and Mickey-D's counter-offensive, there have been other developments all along the fast food...

Breakfast may be a person's most important meal of the day, but it's also a hugely competitive market for fast-food restaurants. According to the food industry web site Technomic, about 28 percent of the top fast-casual chain restaurants currently offer breakfast, up 8.8 percent from the third...

Another fast-food chain finds itself on the ropes. For the second time in less than three years, Sbarro filed for bankruptcy protection on Monday. Last month, the pizza chain said it will close 155 of its estimated 400 restaurants in North America, in a cost-cutting move. Bankruptcy court...