restaurants

McDonald's Profit Helped By Price Increases, Overall Sales Drop

McDonald's Profit Helped By Price Increases, Overall Sales Drop

Price increases helped McDonald’s Corp. (NYSE: MCD) lift sales at its U.S. restaurants in the latest quarter, but overall revenue still drifted lower due to foreign-exchange movements.The fast food chain is trying to draw in diners by revampin..

GrubHub's Shares Rose After Earnings Report

GrubHub's Shares Rose After Earnings Report

On Thursday, Grubhub Inc. (NYSE: GRUB) reported financial results for the fourth quarter. Shares of the company jumped 29% on Thursday after the strong report.According to the company, revenue for the quarter rose to $205.1 million, beating analysts..

Chanticleer Holdings to Use Blockchain for Customer Rewards Program

Chanticleer Holdings to Use Blockchain for Customer Rewards Program

On Tuesday, Chanticleer Holdings Inc. (NASDAQ: BURG), an owner of burger restaurants, announced that it planned to use MobivityMind, which is a blockchain-architected platform, for customer loyalty and rewards program. Shares of the company rose aro..

Burger King Creates Its Own Cryptocurrency in Russia

Burger King Creates Its Own Cryptocurrency in Russia

Cryptocurrencies are some of the hottest investments this year. Many companies try to gain exposure in this sector. Recently, Burger King, which is operated by Restaurant Brands International Inc (NYSE: QSR), launched its own virtual coin in Russia...

Chipotle Stock Tumbles to Cusp of New Bear Market

Chipotle Stock Tumbles to Cusp of New Bear Market

In a consistent decline, shares of Chipotle Mexican Grill Inc., (NYSE: CMG) slowed towards a four-month low Tuesday morning, dropping over 2.5% after Oppenheimer stated that the negative risks of the company were still too risky to get bullish ..