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RFK Jr. Wants Donald Trump To Cut Out McDonald's: 'The Stuff That He Eats Is Really, Like, Bad'
Monday, November 18, 2024 - 1:34pm | 938Restaurant giant McDonald's Corporation (NYSE:MCD) could be in the sights of future Department of Health and Human Services nominee Robert F. Kennedy Jr., adding to the company's recent struggles that include an E. Coli outbreak. What Happened: President-elect Donald Trump recently announced that...
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Wendy's Uses Palantir AI Tech To Manage Burger, French Fry Inventories; Return On Investment Is 'Significant'
Thursday, November 7, 2024 - 1:22pm | 445Wendy’s Co. (NASDAQ:WEN) is using artificial intelligence from data analytics firm Palantir Technologies, Inc. (NYSE:PLTR) to manage its supply of burgers, fries and Frosty's. The Details: Wendy's supply chain purchases are handled by an independent co-op group that first tested Palantir's...
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Wendy's Mixed Q3: EPS Outlook Narrows Despite Revenue Beats, Sales Growth
Thursday, October 31, 2024 - 11:36am | 533The Wendy's Co (NASDAQ:WEN) shares are trading lower after the company reported third-quarter 2024 revenue growth of 2.9% year-over-year to $566.7 million, beating the analyst consensus estimate of $560.75 million. Adjusted revenues increased 0.5%...
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McDonald's Once Owned 90% Of Chipotle: Why It Sold Stake Too Early, Missed $73 Billion Opportunity
Wednesday, October 23, 2024 - 11:11am | 950Fast-food giant McDonald's Corporation (NYSE:MCD) is one of the most valuable restaurant companies in the world, valued at more than $225 billion and consistently putting out quarterly results with billions of dollars in revenue. It turns out that the company could have been even more valuable if...
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Taco 'Bout Munchies: Cannabis Consumers 61% More Likely To Order Via DoorDash - Here's What They Buy The Most
Tuesday, July 9, 2024 - 3:58pm | 681The Justice Department's plan to reclassify marijuana from a Schedule I to a Schedule III drug might not make it federally legal, but it's certainly stirring the pot in more ways than one. With shifting national attitudes – 24 states have legalized recreational use and another 17 for...
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This Wells Fargo Analyst Ordered 75 Chipotle Burrito Bowls To Prove A Point: 'They're Undersizing Me'
Tuesday, July 2, 2024 - 11:33am | 546A Wells Fargo analyst ordered dozens of burritos from Chipotle Mexican Grill, Inc (NYSE:CMG) to prove a point about portion sizes amid increased attention in fast food. What Happened: A post on X relayed a study from the Wells Fargo report. There is a Wells Fargo analyst who ordered the same...
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Meal Deal Frenzy: Which Fast Food Bargain Is The Best?
Friday, June 28, 2024 - 3:28pm | 634Inflation has been painful for American consumers. Several United States fast-food joints have unveiled discounted meal deals in contrast to rapidly rising prices. Here are the meal deals released by the largest food giants in the U.S. McDonald’s Corp (NYSE:MCD) announced a $5 meal deal on...
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McDonald's Announces $5 Value Meal As It Looks To Win Back Customers: 'We're Committed To Winning The Value War'
Friday, June 21, 2024 - 5:00am | 574McDonald’s Corp. (NYSE:MCD) is set to launch a new $5 meal deal, intensifying the ongoing price war among U.S. fast-food chains. What Happened: McDonald’s is introducing a $5 meal deal, which includes a McDouble cheeseburger, small fries, four-piece chicken nuggets, and a small soft...
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Would You Like AI With Those Fries? McDonald's Ends Drive-Thru Artificial Intelligence Test
Monday, June 17, 2024 - 12:40pm | 771Leading fast food chain McDonald's Corp (NYSE:MCD) is ending a drive-thru test that utilized artificial intelligence technology. What Happened: With the growth in artificial intelligence use cases, the restaurant sector is looking for ways it can use the technology to boost productivity, help with...
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Wendy's Is A 'Show Me' Story, Goldman Sachs Analyst Says: Fast Food Joints Like Chipotle, Domino's Are Still Hot
Thursday, June 13, 2024 - 11:54am | 1084Restaurant stocks have seen mixed results in 2024, but Goldman Sachs analyst Christine Cho is encouraged by many prominent brands amid today’s price tailwind environment. The Fast Food Analyst: Cho initiated ratings for the following fast food stocks: Wendy’s Co (NASDAQ:WEN) with a...
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Mark Cuban Takes A Stand On Minimum Wage Increase Following Rubio's Restaurant Closures: 'The Last Thing I Want Is Your Tax Dollars…'
Wednesday, June 5, 2024 - 1:24am | 947Following Rubio’s Coastal Grill announcing the abrupt closure of 48 restaurants in California citing rising business costs, billionaire entrepreneur Mark Cuban has come forward to defend the recent increase in minimum wage. What Happened: Collin Rugg, owner of Trending Politics,...
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Can McDonald's Regain Cash-Squeezed Customers? Franchisee Weighs In
Tuesday, May 28, 2024 - 4:20pm | 456McDonald’s Corp (NYSE:MCD) shares are trading down nearly 15% in 2024 amid inflation-related declines in demand. Prices of items at McDonald’s have risen faster than those at other chains such as Chipotle Mexican Grill Inc. and Starbucks Corp. Customers aren’t happy about it....
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McDonald's Ready To Launch $5 Meal Deal: Everything You Need To Know
Friday, May 10, 2024 - 3:28pm | 434Fast food giant McDonald’s Corp. (NYSE:MCD) appears to be preparing the launch of a $5 meal deal as a value proposition to cash-squeezed customers despite its recent price increases. What Happened: McDonald’s shares rose on Friday following a report from Bloomberg signaling the company...
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Not-So-Happy Meal: $20 Wages Has Burger Joints In This State All Heated
Monday, April 15, 2024 - 5:12pm | 817California fast-food employees started earning a minimum of $20 an hour in April. Thanks to a new law, which went into effect earlier this month, California chain restaurants with at least 60 locations nationwide have to pay their employees more. For smaller restaurants, the minimum wage continues...
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If You Invested $100 In Dogecoin When Elon Musk Offered To Eat A Happy Meal On TV, Here's How Much You'd Have Today
Monday, March 4, 2024 - 6:52pm | 757Restaurant company McDonald's Corp (NYSE:MCD) has huge brand recognition globally thanks to the launch of new food items and marketing initiatives that include partnerships with celebrities and athletes, as well as television commercials. The company could see one of its biggest marketing pushes...