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Burger King UK's Menu To Be Half Plant-Based Food By 2031
2021 Mar 03, 10:55am | 418Read More...Burger King UK expects half of all of the choices on its menu will be plant-based within 10 years, Alasdair Murdoch, CEO of the Restaurant Brands International Inc (NYSE: QSR) brand told the UK's iNews in an interview. What Happened: Burger King UK already launched a plant-based Rebel Whopper...
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Martha Stewart Joins BurgerFi's Board: What Else Is She Up To?
2021 Mar 01, 4:08pm | 437Read More...Martha Stewart joined BurgerFi's board of directors because the company sells "some of the best burgers in the United States," the celebrity entrepreneur and TV personality said on Fox Business. Stewart's Role: BurgerFi serves 100% American Angus beef burgers with no steroids,...
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Vegan Milk Company Oatly Makes Big Splash At Starbucks Ahead Of IPO
2021 Mar 01, 3:01pm | 311Read More...Vegan food and drink maker Havre Global AB, perhaps best known for its oat milk product Oatly, has reached a deal with coffee chain Starbucks Corporation (NASDAQ: SBUX) just days after confirming initial public offering plans. What Happened: Sweden-based Havre Global said Feb. 24 that it...
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Shake Shack's Founder On Industry's COVID-19 Recovery, Why Full Service Dining Is Hardest Hit
2021 Mar 01, 12:03pm | 527Read More...Full-service restaurants are bearing the brunt of the pandemic because the business model is not one that makes guests feel comfortable, Union Square Hospitality Group CEO and Shake Shack Inc (NYSE: SHAK) founder Danny Meyer said on "Bloomberg Markets." Why Full-Service Restaurants Are...
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PreMarket Prep Stock Of The Day: DoorDash
2021 Feb 26, 3:23pm | 616Read More...Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...
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Beer Is Back, AB InBev CEO Says At-Home Sales Helped Growth
2021 Feb 25, 5:01pm | 376Read More...Beer giant and Budweiser parent company Anheuser Busch Inbev NV (NYSE: BUD) ended 2020 on a stronger note compared to the first-half as volume returned to growth, AB InBev CEO Carlos Brito said on CNBC's "Squawk Box." From COVID-19 Pandemic Restrictions To Growth: The first half of...
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Could Pilgrim's Pride Be The Biggest Winner From McDonald's Chicken Sandwich Launch?
2021 Feb 25, 12:18pm | 367Read More...Fast-food giant Mcdonald's Corp (NYSE: MCD) launched its new premium chicken sandwich and the biggest winner could be chicken supplier Pilgrim's Pride Corporation (NASDAQ: PPC), according to BofA Securities. The Pilgrim's Pride Analyst: Peter Galbo maintains a Buy rating on Pilgrim'...
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Domino's, Papa John's Deliver Disappointing Earnings: Here's What Happened
2021 Feb 25, 11:05am | 598Read More...Pizza chain stocks were trading lower Thursday morning after Domino's Pizza, Inc. (NYSE: DPZ) reported a top-and-bottom line fourth quarter miss, while Papa John's Int'l, Inc. (NASDAQ: PZZA) reported mixed results. Domino's Earnings Recap: Domino's said it earned $3.46 per share...
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Return On Capital Employed Overview: Domino's Pizza
2021 Feb 25, 9:19am | 283Read More...Looking at Q4, Domino's Pizza (NYSE:DPZ) earned $244.04 million, a 50.48% increase from the preceding quarter. Domino's Pizza also posted a total of $1.36 billion in sales, a 40.23% increase since Q3. In Q3, Domino's Pizza earned $162.18 million, whereas sales reached $967.72 million....
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Chipotle, ConAgra CEOs Explain How Digital Is Necessary To Win The Food Battles
2021 Feb 24, 12:55pm | 481Read More...The COVID-19 pandemic may have accelerated an ongoing trend in the food and restaurant business as companies need to meet customers where they want to be met: online. Digital A 'Key Piece To The Puzzle': Casual fast-food chain Chipotle Mexican Grill, Inc. (NYSE: CMG) emphasized the...
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American Express Launches $1M Grant Program To Aid Small, Historic Restaurants
2021 Feb 23, 2:29pm | 601Read More...American Express (NYSE: AXP) has teamed with the National Trust for Historic Preservation for a new grant program, “Backing Historic Small Restaurants,” which will provide more than $1 million to the owners of small, historic restaurants impacted by the COVID-19 pandemic. What Happened...
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Online Food Ordering Company Olo Files For IPO: What We Know So Far
2021 Feb 23, 12:11pm | 414Read More...Online food ordering and delivery company Olo filed an S-1 document with the SEC late last week as part of its plan to raise up to $100 million in an initial public offering. About Olo: Olo provides an on-demand commerce platform for multilocation restaurant brands that enables digital...
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BMO Says Starbucks Is A 'Reopening Beneficiary,' Upgrades To Outperform
2021 Feb 23, 9:40am | 307Read More...Starbucks Corporation (NASDAQ: SBUX) should be considered as a "reopening beneficiary" and the coffee chain giant is well-positioned to show upside versus expectations, according to BMO Capital Markets. The Starbucks Analyst: Andrew Strelzik upgraded Starbucks from Market Perform to...
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Yes, Even Taco Bell Is Entering The Chicken Sandwich Battle
2021 Feb 22, 12:40pm | 299Read More...Taco Bell has an answer to the intense fast-food chicken sandwich wars: a hybrid taco/chicken sandwich combination. What Happened: Taco Bell joins the growing list of restaurant chains either entering the chicken sandwich battle or doubling-down on existing offerings. The Yum! Brands, Inc. (NYSE:...
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Restaurant-Software Provider Toast Contemplates $20B IPO: WSJ
2021 Feb 22, 8:02am | 202Read More...Restaurant-software provider Toast Inc is contemplating an initial public offering (IPO) valued at $20 billion later this year as the restaurant business recovers post the pandemic induced lockdown, the Wall Street Journal reports. Toast offers payment-processing hardware and cloud-...
