earnings

Operations

Shake Shack stock jumps 26% after better-than-expected year-end report

Traffic for the fast-casual chain was up 1.4% in Q4. And the burger brand is testing combo meals for the first time.

Financing

Wendy's new CEO hits the ground running

Kirk Tanner announced $100 million worth of investments in breakfast marketing and digital upgrades in a bid to kick-start the fast-food chain’s growth.

Sales were positive at Restaurant Brands International concepts, including Tim Hortons, Popeyes and Firehouse Subs. At Burger King, operator profitability increased 46%.

The chain, which wants to sell its doughnuts out of more McDonald's locations, is now looking to open new shops to build capacity while it also works to improve manufacturing and logistics.

Nearly 25% of the global locations for the company’s brands KFC, Taco Bell, Pizza Hut and Habit have been built over the past three years.

Some fast-food chains are losing customers to grocers over pricing issues. But the Mexican chain is apparently gaining them.

The owner of KFC, Taco Bell and Habit Burger is bringing in the self-ordering devices as its digital system sales hit $30 billion.

Healthy transaction gains for both the fourth quarter and the year indicate that guests feel they are getting their money's worth, said CEO Brian Niccol.

Same-store sales rose 4.3% in the U.S., thanks to marketing, operations and its growing loyalty program. But sales came thanks to higher prices rather than traffic. And the chain saw sales challenges in the Middle East.

The company acknowledged that lower-income consumers are eating at home more often, largely because of moderate price hikes at grocers. Here’s how the fast food giant plans to respond.

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