Signage for a Wendy’s restaurant in Brampton, Ontario, on April 21, 2026. Mike Campbell | Nurphoto | Getty Images Wendy’s shares failed to extend their rally for a second day on Thursday after the fast-food chain became the latest target of retail traders. The company’s stock fell nearly 7% after surging by double digits earlier…
The Club’s 10 things to watch Thursday, June 25 1. The tech-heavy Nasdaq is set to rally today , led by semiconductor stocks after memory chipmaker Micron signaled supply still can’t keep up with growing AI-fueled demand. S & P and Dow futures are also positive, but to a much smaller degree. U.S. benchmark WTI…
An Olive Garden restaurant in Milpitas, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Thursday reported mixed quarterly results as same-store sales growth at the company’s fine-dining restaurants and Olive Garden fell short of expectations. Shares of the company slid more than 1% in premarket…
A sign hangs above the front of a Pizza Hut restaurant on Feb. 9, 2026 in Chicago, Illinois. Scott Olson | Getty Images Yum Brands on Tuesday announced it is selling Pizza Hut to private equity firm LongRange Capital for roughly $1.5 billion. The deal excludes the pizza chain’s locations in mainland China; Yum China…
Digital menu boards at a Starbucks promote “Good Afternoon” drinks, highlighting the company’s effort to boost afternoon traffic as part of its turnaround strategy. Courtesy: Starbucks Afternoon traffic is becoming a bigger growth engine for Starbucks, the company said Thursday, as it pushes deeper into a key part of CEO Brian Niccol’s turnaround strategy. The…
Surfside drinks on display at the trade show during CinemaCon 2026 at Caesars Palace in Las Vegas on April 15, 2026. Travis P Ball | AP About a decade ago, sales of LaCroix began to skyrocket. Soon, flavored seltzers were everywhere, from grocery store refrigerators to liquor store shelves. But the era of bubbles looks…
An illuminated Guzman y Gomez sign at a restaurant in Sydney, Australia, on Wednesday, Feb. 18, 2026. Bloomberg | Bloomberg | Getty Images Shares of Guzman y Gomez rose as much as 20.58% on Friday, after the Mexican-themed fast-food chain said it would exit the U.S. market and refocus on Australia. “Having spent the last…
Starbucks’ corporate headquarters seen in Seattle. The company announced its Q2 earnings on 27th Apr 2021. Toby Scott | Lightrocket | Getty Images Starbucks on Friday announced another round of corporate layoffs and said it plans to shutter some regional support offices as part of its ongoing turnaround. The company said it will cut 300…
A cup of coffee and strawberry frosted donut with sprinkles at a Dunkin’ Donuts location in Los Angeles, Sept. 6, 2017. Patrick T. Fallon | Bloomberg | Getty Images Dunkin’ and Buffalo Wild Wings owner Inspire Brands has confidentially filed for an initial public offering, the company announced on Friday. If Inspire goes public, it…
A sign hangs outside of a Shake Shack location on Feb. 21, 2025 in Chicago, Illinois. Scott Olson | Getty Images Shake Shack stock tumbled 30% in morning trading on Thursday after the burger chain reported an operating loss of $2.6 million. The company’s earnings and revenue also fell short of Wall Street’s expectations, based…
