Danilo Gargiulo News Today

TORONTO - When Tim Hortons rang in the new year, it marked the occasion with a nod to its humble roots, bringing back a quartet of doughnuts, including some from

Price hikes taken last year have forced customers to ditch cafes and restaurants and instead drink coffee at home, hurting business for chains such as Starbucks

Gone are the days of McDonald's dollar menu, Subway's $5 footlongs, and NYC's $1 slices. Here's why.

WEN earnings call for the period ending March 31, 2024.

LOS ANGELES — It didnt take long for Harshraj Ghai to respond to the impact of Californias new $20 an hour minimum wage for his 3,700 fast-food employees.

Shares of Starbucks fell 15% to their lowest in nearly two years on Wednesday, after the coffee chain cut annual forecasts on persistent weak demand from inflat...

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A survey of North American equities heading in both directions

Several quarters of price hikes have forced customers to ditch cafes and restaurants and instead drink coffee at home, hurting business for chains such as Starbucks. "The inability to stop the traffic leakage from the early signs of pull-back in November to date and the worsening macro and competitive dynamics in China may suggest prolonged challenges and no evidence of light at the end of the tunnel," Danilo Gargiulo, senior analyst at Bernstein, wrote in a note. The company expects...

Shares of Starbucks fell 15% to their lowest in nearly two years on Wednesday, after the coffee chain cut annual forecasts on persistent weak demand from inflation-weary U.S. customers and a slower-than-expected economic recovery in China.