Along with the news Thursday that it was selling its tea brand Tazo for $384 million, Starbucks cut its earnings estimates for 2018 and came in below sales expectations.
As it faces a challenging and competitive environment built on value promotions and changing consumer preferences, Bojangles’ plans to alter its strategy.The four-decade-old brand experienced a 2.2 pe
Boosted by both revenue and overall sales increases of nearly 27 percent during its latest quarter, Shake Shack is planning to open more locations in new markets throughout 2018.During a conference ca
Papa John’s is blaming the National Football League, particularly the leadership of Commissioner Roger Goodell, for missing sales estimates in its latest quarter.The pizza brand, which has advertising
Dunkin’ Donuts’ multi-year plan to transform to a beverage-led, on-the-go brand is beginning to positively affect the company’s financials, executives reported Thursday.The brand posted U.S.
McDonald’s focus on value has boosted sales in 2017, and the brand hopes to continue that momentum into next year.The company announced that it will be introducing a value menu in early 2018 focused o