Bottles of Corona beer, the flagship brand of Grupo Modelo are displayed in this illustration taken in Monterrey, Mexico, February 18, 2025. Daniel Becerril | ReutersPresident Donald Trump's tariffs aren't the only presidential policy that is weighing on Constellation Brands.Along with tariffs on Mexican imports, his hardline immigration stance is...
Case of Modelo, a beer imported from Mexico, are seen for sale at a grocery store in Arlington, Virginia, February 3, 2025, following the announcement of tariffs by US President Donald Trump on important goods from Canada and Mexico. Saul Loeb | Afp | Getty ImagesConstellation Brands on Wednesday gave...
The Olive Garden logo is displayed on the front of an Olive Garden Italian restaurant in Edmonton, Alberta, Canada, on February 15, 2025. Artur Widak | Nurphoto | Getty ImagesDarden Restaurants on Thursday reported weaker-than-expected sales as Olive Garden and LongHorn Steakhouse underperformed analysts' projections.Shares of the company fell nearly...
The Burger King logo is displayed at a Burger King fast food restaurant on January 17, 2024 in Burbank, California.Mario Tama | Getty ImagesRestaurant 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...
Coca-Cola bottles are seen at a shop in Srinagar, Jammu and Kashmir, on January 28, 2025. Firdous Nazir | Nurphoto | Getty ImagesCoca-Cola will shift more of its packaging from aluminum to plastic bottles if President Donald Trump implements his latest wave of tariffs, CEO James Quincey said Tuesday."As...
James Quincey, CEO of Coca-Cola, speaking on CNBC's "Squawk Box" outside of the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025.Gerry Miller | CNBCCoca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts' expectations, fueled by a global rise in demand for its drinks.Shares of the...
A McDonald’s restaurant in Omaha, Nebraska, on Oct. 23, 2024.Mario Tama | Getty ImagesMcDonald's is set to report its fourth-quarter earnings before the bell on Monday.Here is what Wall Street analysts surveyed by LSEG are expecting the company to report:Earnings per share: $2.83 expectedRevenue: $6.44 billion expectedThe fast-food giant...
A sign is posted in front of a Taco Bell restaurant in Richmond, California, on May 1, 2024.Justin Sullivan | Getty ImagesYum 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...
Boxes of avocados are seen at the Central de Abastos market in Guadalajara, Jalisco state, Mexico, on Jan. 31, 2025.Ulises Ruiz | Afp | Getty ImagesChipotle Mexican Grill said Tuesday that it does not expect costs to rise much if tariffs on key imported ingredients go into effect next...
A Chipotle restaurant stands in Manhattan, New York City, on Feb. 6, 2024.Spencer Platt | Getty ImagesChipotle Mexican Grill on Tuesday said traffic to its restaurants keeps rising, helping the company top analysts' estimates for its quarterly earnings.However, the burrito chain disappointed investors with its same-store sales forecast for...