Restaurants and Food Services

1-17 of 23 results

Denny's 3Q profit dips as consumers eat in more

AP News 24 days ago

Denny's 3rd-quarter profit slips as consumers continue to eat at home more often Denny's Corp. said its third-quarter profit slipped as consumers continued to eat at home more often amid the recession. Consumers also often spend less when they eat out as ...

McDonald's to shut business in Iceland

Reuters US Online Report Business News 28 days ago

REYKJAVIK (Reuters) - McDonald's Corp <MCD.N> will shutter its business in Iceland because it is too expensive for the franchise to operate after the country's financial crisis. The world's largest fast-food company said on Monday that all three of its restaurants in ...

Iceland to be McDonald's-free: operator

AFP American Edition 28 days ago

Iceland's two McDonald's restaurants will close on November 1 due to rising costs brought on by the country's economic collapse, the Icelandic operator of the US fast-food chain said on Monday. "The decision was not taken lightly," Jon Gardar Ogmundsson, the owner ...

Cost controls boost McDonald's profit

Reuters US Online Report Business News 32 days ago

CHICAGO (Reuters) - McDonald's Corp <MCD.N> posted a stronger-than-expected quarterly profit on Thursday, helped by cost controls and rising sales in all regions, and expects same-store sales to remain positive in October even though people eat out less often. Shares of the ...

Movers roundup: Gilead Sciences, SLM

AP News 33 days ago

Movers roundup: Gilead Sciences shares slip, SLM stock rallies on improvement in loan defaults Among the stock activity stories for Wednesday, Oct. 21, from AP Financial News: NEW YORK (AP) — Shares of Gilead Sciences Inc. slipped as investors expressed some disappointment ...

Wendy's/Arby's hires Quizno's executive as VP

AP News 47 days ago

Wendy's/Arby's hires Andy Skehan as International senior vice president Wendy's/Arby's Group Inc. said Wednesday it hired former Quizno's executive Andy Skehan as its vice senior vice president of its international unit. The move comes as Wendy's/Arby's consolidates its international division at its ...

Yum Brands' Q3 profit up 18 pct, beats forecasts

AP News 48 days ago

Strong business in China boosts 3rd-qtr profit 18 pct at KFC owner Yum Brands to $334 million A robust performance in China helped chain-restaurant operator Yum Brands Inc. post 18 percent growth in its third-quarter profit, easily beating Wall Street forecasts. The ...

Darden Restaurants slips on cautious profit view

AP News 54 days ago

Darden Restaurants falls as co. warns 2010 profit will likely be within lower half of range Shares of Darden Restaurants Inc. slid Wednesday after the owner of the Olive Garden and Red Lobster chains cautioned its fiscal 2010 earnings will likely be ...

Darden 1Q profit rises 15 pct even as sales fall

AP News 55 days ago

Olive Garden-owner Darden says 1st-quarter profit rises 15 pct even as sales fall Darden Restaurants Inc., owner of the Olive Garden and Red Lobster chains, said Tuesday that its first-quarter profit rose 15 percent even as sales fell because food costs were ...

Team Earth Announcement

Getty Images 63 days ago

NEW YORK - SEPTEMBER 21: Starbucks CEO Howard Schultz attends the Team Earth announcement at Greeley Square Park on September 21, 2009 in New York City. (Photo by Donald Bowers/Getty Images) Copyright 2009 Getty Images

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