Tuesday Nov 10 | The Retail Stock Blog
McDonalda s Outdoes Rivals in October
McDonald's Corporation's comparable sales for the month of October 2009 showed a sluggish growth of 3.3% as against the rise of 8.2% in the same month last year, exposing its sensitivity to rising unemployment, economic downturn, and the discount war amongst fast-food chains to lure consumers.
U.S. Companies Finding More Consistent Growth Overseas
McDonalds Corp. yesterday became the latest in a long line of U.S. companies to find growth overseas as domestic growth continues to falter.
First Pizza Hut Delivery store opened in Qatar
Doha: Yum! Restaurants International, the International Division of Yum! Brands, yesterday opened the first Pizza Hut Delivery store in Qatar.
Yum! Brands International Division Opens 13,000th Restaurant,...
Yum! Brands, Inc. announced the grand opening of its 13,000th restaurant outside the U.S. and China by its international division, Yum! Restaurants International , reinforcing the strength of the Company's global portfolio of brands and growth in key emerging markets.
Snapshot Report ), a casual dining restaurant chain, recently reported third quarter results that topped the Zacks Consensus Estimate on the heels of lower commodity and pre-opening costs besides a jump in the top-line. Earnings of 15 cents a share surpassed the Zacks Consensus Estimate of 12 cents and climbed 27% year on year.
Chipotle 's third-quarter financial results looked pretty tasty. But the stock's drop last week suggests that they still weren't spicy enough for some investors.
Yum! Brands opens 13,000th Restaurant in India
Pizza Hut parent Yum! Brands Inc. announced the grand opening of its 13,000th restaurant outside the United States and China by its international division, Yum! Restaurants International .
Six Dollar Burgers for $3.95? Sounds like a good deal, right? But what if you can make the same thing at home for $2.00? That's the value proposition consumers are pondering now, and the reason why many Americans are deciding to stay at home rather than eat out.
Of Restaurant Stocks and Value Meals
Half of all restaurants fail in their first three years, according to some reports.
Anyone worried that McDonald's momentum was slowing will find plenty of reassurance in today's quarterly results.
I Want to Have My Burrito and Eat It, Too
On a recent road trip with my wife, I got a sudden craving for a chicken fajita burrito.
SHARES of China's hot-pot chain Little Sheep Group Ltd rose 1.6 percent after United States fast food giant Yum! Brands Inc agreed to buy an additional 7.3 percent stake in the company for HK$300 million .
KFC Unveils Another Free-Chicken Offer
By BRUCE SCHREINER Associated Press Writer LOUISVILLE, Ky. -- KFC has cooked up another free offer to promote its grilled chicken, only this time, it promises, without the unwanted side of rainchecks.
China: The Answer to America's Consumer Spending Woes
Earlier this month, the world watched China celebrate its 60th anniversary as a nation stronger and more industrialized than ever.
Coach fiscal 1Q profit falls slightly; sales rise
Luxury handbag maker Coach Inc. said Tuesday its new lower-priced handbag lines such as its colorful Poppy bags are boosting growth in an environment where consumers will spend less on nonessentials for the long term.
UnitedHealth 3Q profit rises 13 pct, tops views
Health insurer UnitedHealth Group Inc. said Tuesday results at its government and services businesses were strong in the third quarter, and its profit rose 13 percent to top Wall Street estimates.
Weak dollar isn't helping company earnings
One of the things expected to help multinational U.S. companies as they report quarterly earnings isn't exactly coming through as planned.
Gap to return to TV ads, expand into China
The apparel retailer Gap Inc. on Thursday announced plans to return to television advertising in November for its namesake brand, after a two-year hiatus, and said it will continue to expand internationally.
Sony Ericsson 3Q loss widens; gets new financing
Mobile phone maker Sony Ericsson on Friday said its losses widened to euro164 million in the third quarter, mainly due to plunging sales, but reassured the market by announcing it had secured new financing from external investors.
Yum! Builds Its Competitive Edge
Yum! Brands , owner of the KFC, Taco Bell and Pizza Hut restaurant concepts, continues to build on the successes it has experienced overseas.
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