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Financing

Here is how Jack in the Box is fighting labor and commodity inflation

The burger chain, which also operates Del Taco, said it is getting traction with efforts to improve profits and recruit and retain more workers, such as self-cleaning shake machines.

Financing

McDonald's wins its proxy battle with Carl Icahn in a blowout

All 12 of the company’s nominees won re-election to the board. The investor’s two nominees received about 1% of the vote. Shareholders reportedly approved a measure requesting a civil rights audit.

The Bottom Line: The burger chain tried operating other brands and then sold them to focus on its core brand. But that may not be doing the company any favors on Wall Street.

The coffee chain, which plans to focus on its core business, sold its juice line to the carrot company Bolthouse Farms.

The coffee giant joins McDonald’s in pulling up stakes in the country over the war in Ukraine.

Nelson Peltz’s Trian Partners, which owns nearly 20% of the company’s stock, said it has approached the board about a possible acquisition, sending the shares soaring.

The private-equity firm, which sold the seafood chain in 2017, has acquired the brand again. Management has also invested in the company.

The Bottom Line: The interim CEO, who did away with company buybacks, has been buying up shares of the company’s stock and now owns 21.8 million shares directly or indirectly.

Alexander Govor will acquire the company’s entire portfolio, McDonald's said. He has been an operator with the chain in Siberia since 2015.

The Bottom Line: The burger giant has flourished in international markets even as its U.S. growth slowed. But its $1.4 billion decision to pull out of the market demonstrates the risk of global expansion.

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