
Beverages a Bright Spot for McDonald's, But Plenty of Questions Still to Answer
McDonald's reports Q3 results with 2% sales from new beverage platform
BTIG is a company in Burnaze's franchise knowledge graph, mentioned since 2019. 15 stories link here, each summarized from the original publisher.

McDonald's reports Q3 results with 2% sales from new beverage platform

McDonald’s, while fending off AI pricing debates , is gearing up for wide-ranging changes across its business, and spending billions to get there .

Papa Johns has been the subject of several take-private deals for well over a year now as the pizza chain grapples with negative sales and major stock declines.

Yum Brands’ $2.7 billion divestiture of the pizza chain to LongRange Capital aims to improve corporate margins but leaves the brand's long-term recovery in question.

When Pizza Hut announced the possibility of a sale, Yum CEO Chris Turner said that a turnaround for the chain might be best executed outside of Yum.

McDonald’s reported a 3.9% increase in U.S. same-store sales for the first quarter, credited to successful marketing collaborations and new menu innovations.

McDonald's franchisees are divided over extending the $5 Meal Deal, with most supporting an extension through August.

Earlier this year, Little Caesars raised t he price of its famous "Hot N Ready" pizza for the first time in 25 years — upping the cost from $5 a pie to $5.55.

The labor shortage in the restaurant industry may have long-term implications beyond anticipated, with 1.5 million job openings in the food and beverage sector.

The COVID-19 pandemic has a silver lining for franchise brands, with large-scale chains and franchises more resilient to economic downturns.
Brinker International commences public offering of $125 million in common stock, with net proceeds intended for general corporate purposes.
Brinker International announces the pricing of a public offering of common stock, expected to close on or about May 11, 2020.

Starbucks has recorded its first system-wide same-store sales slide since 2009, with a 25% drop in April and an estimated $915 million loss since mid-March.

Yum! Brands has closed approximately 7,000 restaurants globally, with Pizza Hut being the hardest hit, closing over 1,000 domestic locations.

Chipotle launched its national rewards program, partnering with Venmo to deliver surprise payouts to fans and increase digital presence.