fast food Archives - CFO

Arby’s Owner Bets on Fast Food With Dunkin’ Buy

Arby’s Owner Bets on Fast Food With Dunkin’ Buy

The $11.3 billion deal will put Dunkin' under the same roof as Inspire Brands' Arby's, Buffalo Wild Wings, Sonic Drive-In, and Jimmy John's chains.

By Matthew Heller | November 2, 2020

FAT Brands to Buy Johnny Rockets

FAT Brands to Buy Johnny Rockets

When the deal closes, it will have more than 700 restaurants worldwide with annual system-wide sales exceeding $700 million.

By Lauren Muskett | August 13, 2020

Largest Pizza Hut Franchisee Files Chapter 11

Credit & Capital

Largest Pizza Hut Franchisee Files Chapter 11

NPC International has been dealing with “a perfect storm of problems” including coronavirus-related shutdowns, a massive debt load, and rising costs.

By Matthew Heller | July 1, 2020

McDonald’s Shares Jump 6% on Earnings Beat

Financial Performance

McDonald’s Shares Jump 6% on Earnings Beat

The company benefited from value deals and increased menu prices as it undergoes the largest construction project in its history.

By Matthew Heller | October 23, 2018

Arby’s Owner Beefs up With $1.5B Sonic Buy

Arby’s Owner Beefs up With $1.5B Sonic Buy

Sonic is America's largest drive-in chain but has been facing intense pricing competition from bigger fast-food rivals.

By Matthew Heller | September 25, 2018

Storms Dent Wendy’s Same-Store Sales in Q3

Financial Performance

Storms Dent Wendy’s Same-Store Sales in Q3

The fast-food chain's stock falls 3% amid concerns it is losing ground to its rivals in the burger wars.

By Matthew Heller | November 8, 2017

Chipotle Sales Rise 8.8% But Stock Dips 9.5%

Chipotle Sales Rise 8.8% But Stock Dips 9.5%

The Q3 revenue gain "is not bad per se, but ... it is clear that Chipotle has still not made up all of the ground it lost" after a food-safety scandal.

By Matthew Heller | October 25, 2017

Promotions Drive McD’s 6% Comp Sales Jump

Financial Performance

Promotions Drive McD’s 6% Comp Sales Jump

Deals such as McPick 2 and the Signature Crafted premium sandwich helped the chain post a 4.1% Q3 gain in U.S. same-store sales.

By Matthew Heller | October 24, 2017

Burger King Owner Buys Popeyes for $1.8B

Burger King Owner Buys Popeyes for $1.8B

The deal adds Popeyes' Louisiana-style fried chicken and buttermilk biscuits to a fast-food empire that also includes Tim Hortons.

By Matthew Heller | February 21, 2017

Burger King Same-Store Sales Jump 2.8% in Q4

Burger King Same-Store Sales Jump 2.8% in Q4

The chain "seems to be reaping the benefits of an unabashed focus on fast food products, from hot dogs to chicken fries."

By Matthew Heller | February 13, 2017

Wendy’s Third-Quarter Profit Soars to $49M

Wendy’s Third-Quarter Profit Soars to $49M

The burger chain's bottom line has benefited from the sale of company-owned stores, resulting in higher franchise fees and lower costs.

By Matthew Heller | November 9, 2016

McDonald’s China Stores Could Fetch $2 Billion

McDonald’s China Stores Could Fetch $2 Billion

The fast-food giant has attracted at least three bidders to the auction of a 20-year license to run all of its 2,200 stores in China.

By Matthew Heller | October 4, 2016

Wendy’s Same-Store Sales Growth Falls to 0.4%

Wendy’s Same-Store Sales Growth Falls to 0.4%

Comp sales for the second quarter were well below expectations but Wendy's says its move to franchising is paying dividends.

By Matthew Heller | August 10, 2016

Wendy’s Selling 640 Stores

Growth Strategies

Wendy’s Selling 640 Stores

The fast-food chain is also disposing of a bakery unit and refinancing some debt.

By Katie Kuehner-Hebert | May 6, 2015