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Four major chains announced plans to close a combined 800 to 900 U.S. locations this year. The moves follow sales declines reported across the brands in 2025 and early 2026.
A writer purchased one cheeseburger from each of three Midwest fast-food chains and compared taste, texture, and price. Culver's received the highest rating while Sonic's burger was the largest and least expensive per ounce of meat.
NewsweekWendy’s appointed Robert D. Wright as president and chief executive officer on May 21. The move follows five straight quarters of falling U.S. same-store sales and ongoing discussions by largest shareholder Nelson Peltz about taking the company private.
The number of fast-food outlets specializing in chicken has doubled in France over the past five years to 707 locations. The sector reached a market value of €1.2 billion, rising 8 percent in a single year. Customers cite larger portions and lower cost per quantity compared with…
news.google.comCustomer calls totaling more than 70,000 shaped modest changes to the chain's signature sandwich and broader operational upgrades. Burger King President Tom Curtis said the company is in the early stages of a multi-year transformation that has already lifted kids meal sales 40%.
Inspire Brands, owner of Dunkin', Arby's, Buffalo Wild Wings, Baskin-Robbins, Sonic Drive-In and Jimmy John's, announced Friday it had confidentially filed for an initial public offering. Private equity firm Roark Capital, which backs the Atlanta-based company, is reportedly seek…
New York PostInspire Brands, owner of Dunkin’, Arby’s and Jimmy John’s, has confidentially filed for an initial public offering. The filing comes as the consumer IPO market improves after a slow 2025. Bloomberg News reported in March that the offering could raise about $2 billion as early as…
benzinga.comShake Shack joined McDonald's, Domino's and Papa John's in reporting weaker quarterly sales growth. The slowdown signals pressure on customer spending from rising gas prices driven by the Iran war. Reuters reported the development on May 7, 2026.
McDonald's posted adjusted earnings per share of $2.83 and net income of $1.98 billion for the first quarter, exceeding Wall Street forecasts. Same-store sales rose 3.8 percent globally as U.S. diners spent more despite pressures on low-income consumers from elevated gas prices.
McDonald’s stock jumped after the company reported global comparable sales growth of 3.8% for the first quarter. The result beat expectations, helped by value offers and the Big Arch burger. seekingalpha.com reported the figures.
McDonald's is scheduled to release its Q1 2026 earnings before the market opens on Thursday. Wall Street analysts expect earnings per share of $2.74 and revenue of $6.47 billion, along with same-store sales growth of 3.7 percent. The company's shares have declined 10 percent over…
The IndependentKFC is extending its $10 Tuesday promotion to every weeknight with rotating menu items. The fast-food chain will offer different $10 buckets from Monday through Friday to provide families with more variety at the same price point. The company also introduced two new sauces as par…
BenzingaRestaurant Brands International reported Q1 2026 adjusted earnings per share of 86 cents on revenue of $2.26 billion, exceeding Wall Street forecasts. Burger King drove growth while Popeyes sales declined. DraftKings posted revenue of $1.646 billion and earnings of 20 cents per s…
manilatimes.netSubway shuttered 729 restaurants in the United States last year, continuing a decade-long trend of downsizing. The chain now operates 18,773 locations nationwide, all run by franchisees. Meanwhile, McDonald's maintains about 14,000 US restaurants as Subway focuses on strategic ad…
New York PostMcDonald's is eliminating self-serve soda fountains from its U.S. dining rooms nationwide as part of a modernization push. The changes will roll out gradually over the next several years during restaurant remodels. The company is also introducing new beverages like dirty sodas an…
nrn.comSubway introduced its new Fresh Value Menu on April 28, 2026, featuring more than 15 entrees priced under $5, many with over 20 grams of protein. The menu includes Deli Faves sandwiches, Protein Pockets and daily sub specials. This follows similar value menu launches by Taco Bell…
Haslam Sports Group began construction on the Cleveland Browns' new Huntington Bank Field in Brook Park on May 1, 2026. The stadium will open in 2029 as part of a larger entertainment area in Northeast Ohio. Separately, Raising Cane’s announced plans for nine new restaurant openi…
indiatoday.intoday.inMcDonald's stated it will introduce six new beverages, including refreshers and crafted sodas, starting May 6 in U.S. locations. The move follows trends in customized drinks popularized on TikTok and aims to boost afternoon sales. Other fast-food chains like Wendy's and Taco Bell…
New York PostThe United States Patent and Trademark Office rejected McDonald's trademark application for 'Extra Value Meal' on April 14, 2026, citing its descriptive nature. McDonald's has used the phrase for 30 years and argues it has acquired distinctiveness. The company filed an amendment…
raboe001 / Wikimedia (CC BY-SA 2.5)Fast-food chain Steak 'n Shake has created a new executive role aligned with the Make America Healthy Again initiative, appointing former HHS adviser Michael Boes to oversee nutritional improvements. The move follows recent changes like switching to beef tallow and removing micro…