Your Pulse On America: Live And Unfiltered
Customers order at a Starbucks in Manhattan Beach, California, on July 19, 2024. Jakub Porzycki | Nurphoto | Getty Images As Starbucks aims to bring back customers and assuage investors with its turnaround strategy, it is also winning over its store managers with promises to add more seating inside cafes and promote internally. Since CEO…
Private equity firm Roark Capital has bought a majority stake in Dave’s Hot Chicken, the company announced on Monday. Financial terms were not disclosed, but Dave’s CEO Bill Phelps said on CNBC’s “Squawk Box” that the reported $1 billion valuation for the deal is “pretty close.” Since its founding in a Los Angeles parking lot…
A Pizza Hut store is seen on November 01, 2023 in Austin, Texas. Pizza Hut’s third-quarter revenue fell short of analysts’ expectations for same-store sales. Brandon Bell | Getty Images Yum Brands on Wednesday reported mixed quarterly results as Pizza Hut’s same-store sales dropped more than expected. Shares of the company fell less than 1%…
More than three weeks after the calamitous April 2 “reciprocal tariffs” announcement threw the stock market into chaos, investors are trying to make sense of a world in which higher tariffs are likely here to stay — and one in which the U.S. may have lost its edge. Stocks have been stuck in a wide…
The Burger King logo is displayed at a Burger King fast food restaurant on January 17, 2024 in Burbank, California. Mario Tama | Getty Images Restaurant Brands International on Wednesday reported same-store sales growth of 2.5%, fueled by the better-than-expected performance from Burger King’s and Popeyes’ restaurants. Shares of the company rose roughly 1% in…
A sign is posted in front of a Taco Bell restaurant in Richmond, California, on May 1, 2024. Justin Sullivan | Getty Images Yum Brands on Thursday reported quarterly earnings and revenue that beat Wall Street estimates, fueled by strong sales for KFC’s international restaurants and Taco Bell. Shares of the company rose more than 7% in…