LOS ANGELES (Reuters) - Burger King Holdings Inc <BKC.N> expects lower fiscal third-quarter revenue and restaurant margins in the U.S. and Canada as bad weather in the central and eastern United States kept diners away. The Miami-based hamburger chain added that sales ...
McDonald's key sales figure climbs in Feb. as customers seek out value-priced food items Strong overseas growth for McDonald's Corp. in February outweighed U.S. sales that barely nudged upward as the world's largest fast-food chain posted a 4.8 percent increase in sales ...
In this photo made on Dec. 29, 2009 the McDonald's iconic Big Mac sandwich is displayed in front of one of the drinks served in a McDonald's restaurant in North Huntinton, Pa. McDonald's Corp. said Monday, March 8, 2010, that sales at ...
Morton's Restaurant Group shares rises as its outlooks for 1Q, full year top analysts' Shares of Morton's Restaurant Group Inc. climbed Thursday after the restaurant operator forecast better profit for its fiscal first quarter and full year than analysts expected. Morton's said ...
<div><p>Restaurant chains Bennigan's and Steak & Ale have filed for Chapter 7 bankruptcy protection and stores owned by its parent company will shut their doors.</p><p>The companies owned by privately held Metromedia Restaurant Group of Plano, Texas, filed for bankruptcy protection Tuesday in ...
<div id="subtitle">Restaurant analysts blame aggressive expansion plans, consumer cutbacks for bankruptcies</div><div><p>Restaurant companies may have depended too much on easy-to-borrow money to back aggressive expansion plans, industry experts say — a move that may lead to more bankrupt chains and fewer new eateries ...
<div id="subtitle">Raymond James analyst lowers ratings of sit-down restaurants, says stocks now fairly valued</div><div><p>Restaurant stocks mainly fell Thursday after a Raymond James analyst downgraded his rating on a number of sit-down restaurant stocks, saying they are now fairly valued.</p><p>Analyst ...
<div id="subtitle">Olive Garden, Red Lobster to raise prices more than in previous years to cover higher costs</div><div><p>Olive Garden and Red Lobster customers will have to pay a bit more for their favorite dishes in the months ahead as the restaurant chains struggle ...
<div id="subtitle">Despite flailing economy, farmers bet 'green' eatery will catch on in nation's capital</div><div><p>North Dakota farmers have spent $6 million to open a pair of Washington restaurants, one just blocks from the White House, to showcase food from family farms. The newer ...
<div id="subtitle">Bob Evans Farms 4th-quarter profit rises partly on lower food and labor costs</div><div><p>Bob Evans Farms Inc., operator of Bob Evans and Mimi's Cafe restaurants, said its fourth-quarter profit rose 31 percent, helped by the performance of its namesake restaurants and lower ...
