Latest Fast food restaurant operators News

Burger King parent plans to accelerate global growth

May. 15, 2019 2:07 PM EDT

NEW YORK (AP) — The company that owns the Burger King, Popeyes and Tim Hortons chains plans to combat sluggish sales growth by expanding delivery service in the U.S. and opening thousands of new stores worldwide. At a conference for investors in New York Wednesday, Restaurant Brands International said it...

Beyond Meat fattens up as shares more than double in IPO

May. 2, 2019 5:53 PM EDT

Investors have a big appetite for fake meat. The shares of Beyond Meat, the purveyor of plant-based burgers and sausages, more than doubled Thursday in its Nasdaq debut. It's the first pure-play maker of vegan "meat" to go public, according to Renaissance Capital, which researches and tracks IPOs. Beyond Meat...

The Latest: Beyond Meat shares close 163% higher

May. 2, 2019 4:48 PM EDT

NEW YORK (AP) — The Latest on Beyond Meat's initial public offering (all times local): 4:30 p.m. Investors gave a beefy welcome to Beyond Meat in its debut on the Nasdaq stock exchange Thursday. The fake meat company's share price jumped 163 percent to end the day at $65.75 per share. The California-based...

McDonald's turns to bacon and wins (surprise, surprise)

Apr. 30, 2019 1:26 PM EDT

CHICAGO (AP) — McDonald's turned to a sure thing in the first quarter, bacon, and it paid off. Global rose 5.4% at stores open at least a year, a key metric of a retailer's health. That beat Wall Street's forecast of 3.4%, according to analysts polled by FactSet. Bacon was a big driver. McDonald's kicked...

Asian stocks mixed after new Wall Street high

Apr. 30, 2019 12:31 AM EDT

BEIJING (AP) — Asian stock markets were mixed Tuesday after Wall Street hit a new high and Chinese factory grew in April but below the previous month's pace. Benchmarks in Hong Kong, Seoul and Sydney declined while Shanghai advanced. Japanese markets were closed for a holiday. Two surveys showed Chinese...

Burger King may sell plant-based burger across US this year

Apr. 29, 2019 11:42 AM EDT

TORONTO (AP) — Burger King could soon be selling plant-based burgers nationwide. Restaurant Brands International, Burger King's parent, said Monday that a month-long test of the Impossible Whopper at 59 restaurants in St. Louis has gone so well that it will start testing it in additional markets. The...

Arby's manager charged in death of threatening customer

Mar. 26, 2019 7:09 PM EDT

TULSA, Okla. (AP) — Authorities say the manager of an Oklahoma Arby's restaurant has been charged in the fatal shooting of a customer who she said threatened her. Tulsa County jail records show 25-year-old Deionna Young is being held without bond Tuesday on a first-degree murder charge. Records don't list...