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Financing

Biglari makes play for the Jack in the Box board, but the company has other ideas

 By Jonathan Maze on Nov. 04, 2025

The activist investor Sardar Biglari nominated himself and one other person to the fast-food chain’s board. But then Jack in the Box turned around and added two itself, including the former CEO of Taco Bell.

Financing

How Starbucks plans to respond to growing competitors like 7 Brew

 By Jonathan Maze on Nov. 03, 2025

The coffee-shop giant has been beset by a new generation of drive-thru-only beverage concepts. CEO Brian Niccol is undeterred. "I already have the biggest drive-thru coffee chain in America."

Financing

Popeyes works to emerge from a surprising sales slump

By Jonathan Maze on Oct. 31, 2025

The fast-food chicken chain’s same-store sales declined again last quarter, its fourth decline in the past five earnings periods. Here’s what the company plans to do to turn it around.

Financing

El Pollo Loco threads the profitability needle

By Jonathan Maze on Oct. 31, 2025

The fast-food chicken chain gave its customers value, which generated traffic but not sales. But restaurant-level profits grew, too. And then results improved in October. The company's stock skyrocketed.

Financing

Burger King's sales accelerated last quarter

By Jonathan Maze on Oct. 30, 2025

The fast-food chain’s same-store sales rose 3.2% last quarter despite a tough market for the quick-service sector. Firehouse Subs and Tim Hortons also saw improved sales, but Popeyes lagged.

Financing

Burger King learns its lesson

By Jonathan Maze on Oct. 30, 2025

The Bottom Line: The fast-food chain has remained disciplined on value even as competitors like McDonald’s intensified their own discounts. That’s a massive change from the Burger King of old.

Financing

Record beef prices take a bite out of restaurants

By Jonathan Maze on Oct. 30, 2025

Burger King, Chipotle, Shake Shack and Darden Restaurants have all said that record beef prices are driving up their commodity costs. But the ability to raise menu prices is limited.

Financing

Starbucks stops the sales bleeding, thanks to better service

By Jonathan Maze on Oct. 29, 2025

The coffee shop giant reported its best sales quarter since its sales slump began and said its U.S. business turned positive in September and October, thanks to its new “Green Apron” service model.

Financing

Convenience is not the winner it used to be

By Jonathan Maze on Oct. 28, 2025

The Bottom Line: Restaurant chains used to be able to win customers by making their ordering process as easy as possible. But with so much convenience available, customers now want something more.

Marketing

Taco Bell is already selling a lot more beverages

By Jonathan Maze on Oct. 28, 2025

Drink sales at the fast-food Mexican chain have skyrocketed this year, even before it has expanded its Live Más Café concept. It plans to open more of the beverage-focused, in-restaurant cafés in Texas next month.

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