Quick_Service

Financing

Low-income consumers are apparently flocking to Taco Bell

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

Financing

The trade-down effect takes a bite out of fast food

The Bottom Line: In past years, quick-service restaurants were a beneficiary in times when consumers were cutting back. Not this time.

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.

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 sub-sandwich chain, which is being sold to Roark Capital, said its footlong pretzel, churro and cookie are exceeding sales expectations.

The coffee shop chain expressed confidence in its key China market despite soft sales there. “We are not interested in entering the price war.”

The Bottom Line: The fast-food giant’s improvement to its burgers is the latest menu upgrade in a bid to keep up with a competitive restaurant market.

The coffee giant will start selling its Oleato beverages throughout the U.S. this week and is adding a new option for good measure.

Domino's Pizza Enterprises blamed sales weakness in Asia on consumer rejection of American brands over the Israel-Palestine crisis.

The burger chain believes it has room for a lot more locations that generate a lot more revenue. Here’s how the company plans to do that.

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