Restaurants

McDonald’s (MCD) Q4 2024 earnings

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McDonald’s on Monday reported disappointing quarterly revenue, dragged down by weaker-than-expected sales at its U.S. restaurants following an E. coli outbreak just weeks into the quarter. Shares of the company fell less than 1% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts … Read more

Fast-food companies KFC and Chick-fil-A bet big on chicken tenders

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Fast-food companies like Yum! Brands’ KFC and McDonald’s are getting back into chicken tenders as a way to attract consumers with a low-risk, high-reward bet on a familiar favorite.   Nearly half of all fast-food restaurants served the chicken item as of the third quarter, up 5.7% from the same period in 2019, according to … Read more