Burger King, KFC owners take sales hit as fast-food spending tapers
Rising fast-food prices over the past year have prompted consumers to cook cheaper meals at home and avoid eating out, hurting the industry.
Sales are sliding at KFC and Burger King as fast-food chains keep struggling
Fast-food chains like McDonald's, KFC, and Burger King face declining sales in the US as rising prices deter customers.
Fast-food sales, Burger King-China, TGI Fridays
Fast-food chain same-store sales have been weak this year, except for Taco Bell. Parent company Yum Brands said on Tuesday that the Mexican brand’s same-store sales increased 4% last quarter. At Restaurant Brands International, meanwhile, Burger King’s same-store sales fell 0.4%
Restaurant Brands’ Sales Miss on Burger King, Popeyes Slump
Restaurant Brands International Inc., the owner of Burger King and Tim Hortons, posted sales that grew slower than expected in the third quarter, highlighting many chains’ struggle to attract diners grappling with elevated costs.
Burger King, KFC owners miss results estimates as fast-food spending wanes
Burger King parent Restaurant Brands and KFC owner Yum Brands missed market estimates for quarterly results on Tuesday, hit by weak demand in the United States and abroad from budget-stretched customers.
Burger King parent Restaurant Brands falls short of third-quarter revenue expectations
Net sales climbed 24.7%, largely thanks to the company’s acquisitions of its largest U.S. Burger King franchisee and its Popeyes business in China.
Fast-food restaurant that once drew lines of customers reopens at Destiny USA
Syracuse, NY - After closing three years ago in the food court at Destiny USA, a popular fast-food restaurant has reopened.
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Fast food restaurants are charging 77% more for this breakfast item than they did 5 years ago. Here’s why.
We’ve all heard that breakfast is the most important meal of the day. But is it also quickly becoming the most unaffordable?