Latest Fast food restaurant operators News

Chick-fil-A halts donations to 3 groups against gay marriage

Nov. 18, 2019 6:54 PM EST

Chick-fil-A is ending donations to three groups that oppose gay marriage in an effort to halt protests and broaden its customer base. But the move has angered some of the fast food chain’s fans. The Atlanta-based company said Monday that starting next year, it will focus its giving on three areas: hunger,...

Burger King brings a plant-based Whopper to Europe

Nov. 11, 2019 7:21 PM EST

Burger King is introducing a plant-based burger in Europe. But it's not the Impossible Whopper that's been a hit with U.S. customers. Instead, a Dutch company called The Vegetarian Butcher will supply the new soy-based Rebel Whopper. It will go on sale Tuesday at 2,400 restaurants across Europe. Impossible Foods'...

'I was appalled': Black customers say host told them to move

Nov. 5, 2019 9:03 PM EST

AURORA, Ill. (AP) — An attorney representing a group of black customers who say they were asked to change tables at a Chicago-area Buffalo Wild Wings because of their skin color urged the restaurant chain Tuesday to make wholesale changes to avoid a discrimination lawsuit. Some children who attended the...

Ferrari, Bank of America rise; McDonald's, Under Armour dip

Nov. 4, 2019 4:45 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday. McDonald's Corp., down $5.28 to $188.66 The world's biggest burger chain pushed out its CEO because he violated company policy by engaging in a consensual relationship with an employee. Under Armour Inc., down $3.47 to $15.44 The...

McDonald's CEO pushed out after relationship with employee

Nov. 4, 2019 2:18 AM EST

NEW YORK (AP) — McDonald's chief executive officer has been pushed out of the company after violating company policy by engaging in a consensual relationship with an employee, the corporation said Sunday. The fast food giant said former president and CEO Steve Easterbrook demonstrated poor judgment, and...

Yum Brands shares fall on GrubHub investment

Oct. 30, 2019 1:27 PM EDT

LOUISVILLE, Ky. (AP) — The fallout from GrubHub's slowdown continues, this time impacting one of the country's largest restaurant chains. Taco Bell owner Yum Brands Inc. said Wednesday it recorded a $60 million pretax write-down on the value of its GrubHub investment in the third quarter. Yum invested $200...

Beyond Meat raises sales forecast despite competition

Oct. 28, 2019 6:52 PM EDT

NEW YORK (AP) — Beyond Meat is facing a growing field of competitors but on Monday it raised its sales forecast for the year citing its leading role a new wave of vegetarian products intended to more closely mimic meat. The El Segundo, California, company noted the multiple fast-food chains offering its...

Smash sandwiches boost Restaurant Brands sales in US

Oct. 28, 2019 11:13 AM EDT

Burger King reported its best comparable stores sales increase in the U.S. in four years thanks to brisk sales of Impossible Whopper. Burger King's parent company, Restaurant Brands International Inc., began selling the plant-based burger in late summer after a strong response to limited testing. The popularity...

Asian stocks follow Wall Street lower after mixed earnings

Oct. 23, 2019 12:23 AM EDT

BEIJING (AP) — Asian stock markets followed Wall Street lower Wednesday after major companies reported mixed earnings and an EU leader said he would recommend the trade bloc allow Britain to delay its departure. Benchmarks in Shanghai, Tokyo and Hong Kong all declined. U.S. shares retreated, led by a tech...

Biogen soars on Wall Street; McDonald's, Howard Hughes fall

Oct. 22, 2019 4:45 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday. Biogen Inc., up $58.36 to $281.87 The biotechnology company surprised investors with plans to ask regulators to approve a potential treatment for Alzheimer's. Under Armour Inc., up $1.25 to $19.42 The athletic gear's founder,...