1. Channel: Restaurants

3 trends are dividing restaurant companies into winners and losers

Written by Posted on Less than 0 min read

​[[“value”:”While most restaurant companies crushed earnings expectations, a number of them fell short of Wall Street’s estimates for their quarterly revenue.”]] 

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Stores & Formats

Walmart plans to add more than 150 large-format stores across the U.S.

Walmart already has a massive footprint, with more than 4,600 stores across the country. View Original Article Editor's Choice Walmart Brick and Mortar CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Department: Nonfood

Inside the $644 billion business of reselling returned items, from electronics to bizarre finds

A rise in returns is filling Liquidity Services warehouses with unwanted goods from Amazon and Target and growing liquidation to a $644 billion market View Original Article Dept. Nonfood Returns Amazon Target Bankruptcy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time […]
< 1 min read
0
  1. Media & Marketing

Restaurants are short-staffed, and that’s taking a big toll on customers and workers alike

In the first quarter, customers mentioned short staffing three times more often in their Yelp reviews than in the year-ago period. View Original Article Associates Marketing: UGC Marketing: Social Media Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Uncategorized

Stocks making the biggest moves after hours: Lennar, Williams-Sonoma and more

Check out the stocks making moves in after-hours trading on Wednesday, March 16. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all […]
< 1 min read
0
  1. Channel: Drug

CVS removes purchase limit on Plan B pills, says sales have ‘returned to normal’

CVS is removing its earlier purchase limit for emergency contraceptive pills. View Original Article CVS CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. […]
< 1 min read
0
  1. Channel: Drug

Walgreens revenue rises despite sharp decline in demand for Covid tests, vaccines

​KEY POINTS Walgreens’ quarterly results topped Wall Street’s expectations, even as its profit declined. Hundreds of stores returned to regular pharmacy hours during the quarter, helping boost prescription volumes Walgreens’ growing health care unit posted a jump in revenue. Walgreens Boots Alliance on Tuesday said its quarterly profit declined more than 20%, driven by sharply lower […]
2 min read
0
5
  1. Technology & Innovation

Microsoft announces new multibillion-dollar investment in ChatGPT-maker OpenAI

KEY POINTS Microsoft on Monday announced a new multiyear, multibillion-dollar investment with ChatGPT-maker OpenAI. Microsoft declined to provide a specific dollar amount, but Semafor reported earlier this month that Microsoft was in talks to invest as much as $10 billion. The deal marks the third phase of the partnership between the two companies, following Microsoft’s previous investments in 2019 and […]
2 min read
0
5
  1. Trends & External Forces

Cramer says the Fed’s efforts to squash inflation are now hurting stocks like Walmart

Saying goodbye to inflation is sweet, but there’s a little momentary sorrow, too,” Cramer said. View Original Article Economy Walmart CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people […]
< 1 min read
0
  1. Media & Marketing

Peloton partners with TikTok to offer short-form fitness classes, other content

Peloton is partnering with TikTok as part of its larger strategy to change its public perception and attract a broader array of customers. View Original Article Strategy Marketing: Social Media Partnerships Health & Wellness TikTok CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and […]
< 1 min read
0
  1. Channel: Restaurants

Why restaurant chains are investing in robots and what it means for workers

Restaurant chains experimented with automation this year as the labor crunch pressured their profits.[[ Getty Images And on an earnings call this summer, McDonald CEO Chris Kempczinski threw cold water on the feasibility of total automation. “The idea of robots and all those things, while it maybe is great for garnering headlines, it’s not practical […]
< 1 min read
0
  1. Corporate Strategy

Capri Holdings shares fall after Michael Kors parent ditches CEO succession plan

Just months after he took on the role, Joshua Schulman will step down as CEO of the Michael Kors brand. He was slated to become Capri’s CEO later this year. View Original Article Executives CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Operations & Supply Chain

Gap shares pop as company’s holiday earnings blow past estimates, Old Navy returns to growth

Sales at Gap’s largest banner Old Navy have been down for more than a year but that trend reversed on Thursday when the retailer reported a 6% jump in revenue. View Original Article Holiday & Events Returns Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world […]
< 1 min read
0
  1. Uncategorized

3 takeaways from our daily meeting, including buying some Disney and looking at Club movers

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all […]
< 1 min read
0
  1. Uncategorized

We’re making a small buy in a newer stock, the latest step in bulking out our position

We’re making one buy Thursday afternoon, putting more of our large cash position to work into a market that is oversold. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Uncategorized

4 takeaways from the Investing Club’s ‘Morning Meeting’ on Thursday

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

FedEx shares tumble 12% after weaker demand hit revenue outlook

​[[“value”:”It’s the second consecutive quarter FedEx has lowered its sales guidance.”]]  View Original Article Delivery CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. […]
< 1 min read
0
  1. Corporate Strategy

Bowlero executive publicly comments on discrimination probe for first time as bowling alley chain continues torrid growth

​Bowlero’s executives have never spoken publicly about the federal discrimination probe its facing but they were forced to address it during an earnings call.  View Original Article Results & Investment Executives CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Holiday & Events

Holiday shopping season expected to be muted as inflation squeezes shoppers

A spate of reports say shoppers are likely feeling thrifty heading into the holidays as they face higher prices for groceries and other necessities. View Original Article Economy Shoppers Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Walmart won’t hold rival event to Amazon Prime Day, as it is already offering big markdowns

KEY POINTS Walmart won’t throw its own sales event that coincides with Amazon Prime Day. The big-box retailer has had weeks-long deep discounts on items including bicycles, air fryers, apparel and more as it tries to sell through excess merchandise. An abundance of inventory and discounts could tee up a more challenging backdrop for the […]
3 min read
0
4
  1. Acquisitions, Divestitures & Mergers

PGA Tour and LIV Golf are working to extend merger deadline into 2024

​[[“value”:”The delay is the latest update in a long and tumultuous saga between the PGA Tour and Saudi Public Investment Fund-backed LIV Golf.”]]  View Original Article Mergers Predictions and Forecasts Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time […]
< 1 min read
0
Next