Shares of this breakfast-to-dinner fast-food chain could be valued much higher if it spins off Qboda, its Mexican-restaurant segment. Shares of the fast-food chain may be worth about 30% more and its shares could go as high at $125, according to an Oppenheimer research report published Tuesday.
Category: Fast Food
You’ll soon be able to get a Big Mac delivered to your door. But will you want to?
After a two-month test run in Florida, McDonald’s said this week it is preparing to roll out meal delivery in the United States. The hope, the fast-food giant said, was to make up for years of slipping sales by making one of the world’s most ubiquitous chains even more inescapable.
Australia cracks down on visas for fast food industry
Australia will largely end granting visas to foreign workers to fill jobs in the fast food industry, the nation’s immigration minister has said. Since 2012, more than 500 foreign staff have been granted a visa – known as 457 – to work at businesses including McDonald’s, KFC and Hungry Jack’s.
Tim Hortons and Burger King owner, Restaurant Brands, nears deal to buy Popeyes: report
A man walks by a Popeyes restaurant in Baltimore, Md., in this Nov. 2015 photo. Restaurant Brands is reported to be close to deal for the Popeyes chain.
Restaurant Brands Reportedly Lost Interest in Popeyes
Restaurant Brands had reportedly pursued a potential takeover of rival fast-food chain Popeyes Louisiana Kitchen months ago, but has since lost interest, the New York Post reports. Yesterday Reuters reported that the Canada-based owner of Burger King and Tim Hortons was currently in discussions about a possible acquisition.
Fast-Food Stocks: Which Chain Has the Quickest Drive-Through?
Have you ever sat in the drive-through of a fast-food restaurant and thought: “Wasn’t this supposed to be fast?” I suspect you have. I’m not proud to admit it, but I love fast food.
Panera Sees Big Opportunity in Lazy Millennials
The company said on Tuesday that it is accelerating the rollout of its new delivery service. Executives believe it can take market share in an estimated $40 billion delivery category.
Labor nominee Puzder is facing complications separating himself from his fast-food chain
President-elect Donald Trump is expected to nominate fast food executive Andy Puzder as Secretary of Labor, a sign that he may be less labor-friendly than President Obama. Justin Mitchell reports.
Labor nominee Puzder’s confirmation hearing delayed a fourth time
Amid mounting opposition from Democrats and labor groups, the confirmation hearing for labor secretary nominee and fast-food chief executive Andrew Puzder has been delayed a fourth time. A new hearing date will not be set until the Senate receives key paperwork laying out Puzder’s financial disclosures and detailing his plan for avoiding future conflicts of interest, according to an aide for Sen. Lamar Alexander , the chairman of the Senate Committee on Health, Education, Labor and Pensions.
1 Statistic That Shows Why McDonald’s Struggles May Continue
Management blamed the strong response to the launch of all-day breakfast for the slide in domestic comparable sales. Outside the US, performance was strong as global comps were up 2.7%.
Top Fast Food Stocks to Buy in 2017
As the dining industry has evolved in recent years, fast-food chains have endured more than their fair share of challenges. But despite the proliferation of competing concepts, changing consumer preferences, and even food-quality scares, fast food always seems to find a way to survive and thrive thanks to its unrivaled value and relative convenience.
Popeyes Ad With Football Legend Jerry Rice Being Fried on Social Media for Racial Overtones
An advertisement that resonates with consumers can do wonders for a company, but the opposite also holds true for ads that miss the mark as fried chicken fast-food chain Popeyes Louisiana Kitchen is finding out this week. An ad from the company, which features NFL Hall of Fame wide receiver Jerry Rice wearing a helmet with a rotating face mask made of fried chicken, is causing a stir on social media.
Yum! Brands May Benefit From Bringing Taco Bell Staples to China
The U.S. restaurant company’s Chinese spin-off is introducing the Mexican’s fast-food chain’s Doritos Locos Tacos and Fire Sauce, and the strategy could drive revenue. Yum China Holdings , which was spun off last year from Yum! Brands ‘ , has unveiled plans to bring Taco Bell’s Doritos Locos Tacos and the popular Fire Sauce to China.
An unlikely group of stores is becoming a major threat to…
Chains like 7-11, Wawa, and Circle K are ramping up prepared food offerings, according to Anna Kang at Nation’s Restaurant News. The convenience stores are getting ahead thanks to a few distinct advantages over traditional fast food chains.
Domino’s CEO: We Aren’t Just the Delivery Guys
For Domino’s Pizza , a good part of 2017 will likely be spent on getting people to think about the brand as more than just one that delivers hot pizzas to your house. “While people still think of us as the delivery guys, the reality is that one-third of our business is done on-premise,” explained Domino’s CEO Patrick Doyle in an interview with TheStreet .
Restaurant Brands Switch to Healthier Poultry Is Not Reason Enough to Jump on the Stock
Restaurant Brands just became the latest fast-food company to announce it will make a switch toward higher-quality food. This trend, spurred by the American consumers’ increasing consciousness over what they eat, will have long-term effects for investors.
Fast-Food Stocks: What to Watch in 2017
The past year has been a difficult one for the restaurant industry, and the fast-food category has not been exempt. Fewer people are eating out overall, and in Q3, according to the most recent data available from NPD Group , that trend began to hurt quick serverestaurants .