Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 5
Financing

Krispy Kreme stock soars thanks to Walmart, McDonald's and Dolly Parton

The doughnut chain said it is exploring plans to go nationwide in Walmart stores as it expands its deal with Target and McDonald’s.

Financing

A tough environment interrupts Burger King's comeback

The fast-food chain, and most of its sister concepts, watched sales soften last quarter as consumers pull back on spending. But Tim Hortons Canada is thriving.

The pizza-delivery chain is losing ground to competitors as consumers shift to more value-oriented fare. It will be up to the former Wendy’s CEO to find the right balance.

The drive-thru coffee chain reported sales and earnings that bested Wall Street estimates and it raised guidance for the year. Yet its stock price plunged more than 20%.

The Bottom Line: The year is filled with some odd results, with companies trading share, fast food considered a luxury and otherworldly results at wing chains.

A Deeper Dive: Consultant Joel Silverstein joins the Restaurant Business podcast to discuss the state of international markets for restaurants, particularly the crazy coffee business in China.

Sixteen restaurant chains, operating companies or large franchisees have filed for bankruptcy so far in 2024.

The fast-food chain introduced a new Collector’s Meal featuring a selection of six cups highlighting some past marketing ties.

Profitability for the burger chain and its sister concept, Del Taco, declined in the quarter, thanks to the state’s fast-food wage. But California was one of the company’s best sales markets.

The Bottom Line: The company’s flagship brand is struggling in its domestic market as it loses ground to competitors. But it warranted barely a mention on the company’s earnings call.

The Mexican chain’s same-store sales rose 5% last quarter, thanks to Cantina Chicken, even as customers reduce visits to other fast-food chains, including other Yum Brands concepts.

The Bottom Line: Too many franchised restaurant chains desperately sell franchises to anyone in their bid for growth and are critical of them when things go south.

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