Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 15
Financing

What kind of value does McDonald's really need?

The Bottom Line: The fast-food burger giant expressed concern about losing low-income consumers to grocers. But the company’s sales haven’t exactly tanked.

Financing

Jury awards $31M in lawsuit against a Popeyes franchisee

A former employee of Sun Holdings had accused the 150-unit Popeyes operator of reneging on a promise of 5% of the annual operating profits.

The fast-food chicken chain is already the No. 3 provider of quick-service wings, the company said. And the company has plans to improve its ability to serve them.

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.

The owner of Dunkin' and Arby's is in the early stages of discussions on an initial public offering that could value the company at $20 billion, according to Bloomberg.

As the brand focuses more on value, a group of operators wants the chain to emphasize value-engineered items, like the old Snack Wraps. And they say many of the company's moves have increased franchisees' costs.

The fast-casual chain, which emerged from bankruptcy last year, says its sales have surged in recent months. It has brought on new executives and expects to open units this year.

A Deeper Dive: Otto Othman, cofounder of Pincho, joins the podcast to talk about the chain’s recent openings in Texas.

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.

While inflation is moderating, it's not moderating as much for restaurants, which are raising menu prices more aggressively as a result.

The Bottom Line: The burger chain’s parent company argues that smaller franchisees make more money per store and are better capitalized.

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

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