[ad_1] A McDonald’s restaurant near Times Square, NYC on July 29th, 2023. Adam Jeffery | CNBC Restaurant companies navigating some of the same challenges in the second quarter fell into…
Tag: Papa John's International Inc
Outback Steakhouse owner’s stock rises after activist Starboard Value buys stake
[ad_1] An Outback Steakhouse truck sits parked outside a restaurant in New York. Daniel Acker | Bloomberg | Getty Images Shares of Outback Steakhouse owner Bloomin’ Brands rose 9% in…
Restaurants are expected to post strong earnings, but signs of trouble ahead could emerge
[ad_1] Pedestrians carry McDonald’s bags in New York, US, on Wednesday, April 6, 2023. Victor J. Blue | Bloomberg | Getty Images As restaurants prepare to present their first-quarter earnings,…
Domino’s and Papa John’s shares sink after pizza chains deliver soft sales, outlook
[ad_1] Medianews Group/reading Eagle Via Getty Images | Medianews Group | Getty Images Domino’s Pizza and Papa John’s both fell in pre-market trading after reporting mixed earnings on Thursday morning.…
Inflation is cooling, but prices on many items are going to stay high for months
[ad_1] A grocery store in New York. Wang Ying | Xinhua News Agency | Getty Images Inflation may be cooling. But, for most Americans, the price of a cup of…