Chipotle and McDonald's fast-food restaurants in Chinatown, Washington, D.C.Jeff Greenberg | Universal Images Group | Getty ImagesMcDonald's and Chipotle Mexican Grill will raise their menu prices in California next year to offset the state's minimum wage increase for fast-food workers, executives said as both chains announced quarterly earnings in...
A McDonald's restaurant is seen in Belmont, California, on April 3, 2023.Tayfun Coskun | Anadolu Agency | Getty ImagesMcDonald's is expected to report its third-quarter earnings before the bell Monday.Here's what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting:Earnings per share: $3, expectedRevenue: $6.58 billion,...
Coca-Cola Co. and Pepsi Co. soda machines stand in a shopping center parking lot in Jasper, Indiana.Luke Sharrett | Bloomberg | Getty ImagesCoca-Cola and PepsiCo's rivalry spans decades, but Coke usually comes out on top.This quarter was no different.The beverage leaders' stocks have struggled this year, hurt by higher...
Food is served at a Chipotle restaurant on in Chicago, Illinois.Scott Olson | Getty ImagesChipotle Mexican Grill on Thursday reported quarterly earnings that beat expectations, helped by higher menu prices for its burritos and bowls.Shares of the company rose more than 5% in extended trading.Here's what the company reported...
Ron Shaich, founder and then-CEO of Panera Bread, in December 2017.Scott Mlyn | CNBCPanera Bread founder Ron Shaich uses his new book, "Know What Matters," to impart lessons learned from his decades in the restaurant business — and reveals some juicy details in the process.Shaich's book charts his entrepreneurial...
Panera Bread founder Ron Shaich led a public company for more than two decades, but that doesn't mean he's a fan of initial public offerings or Wall Street.More than six years after selling the chain for $7.5 billion, Shaich is looking back on his nearly four decades at the...
A Coca-Cola truck in New York City.Alexi Rosenfeld | Getty ImagesCoca-Cola is expected to report its third-quarter earnings before the bell Tuesday.Here's what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting:Earnings per share: 69 centsRevenue: $11.44 billionThe beverage giant's stock has fallen 15% this year,...
Tide laundry detergent is shown on display in Compton, California.Mike Blake | ReutersProcter & Gamble is expected to report its fiscal first-quarter earnings before the bell Wednesday.Here's what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting:Earnings per share: $1.72Revenue: $21.58 billionFor roughly two years, P&G...
Snickers and Mars candy bars, produced by Mars Inc., sit on display.Bloomberg | Bloomberg | Getty ImagesFor 11 months of the year, Tim LeBel is Mars Wrigley's president of sales. But for the month of October, he dons a new title: chief Halloween officer.For decades, the fall holiday has...
Customers order from a Chipotle restaurant at the King of Prussia Mall in King of Prussia, Pennsylvania.Mark Makela | ReutersChipotle Mexican Grill is planning to raise prices again."For the first time in over a year, we will be taking a modest price increase to offset inflation," Chipotle Chief Corporate...