Weakness in foodservice category effects Hormel’s Q3 profitability 08.26.2020 By Keith Nunes However, strong supermarket performance push quarterly sales above 2019.Read More
Target boasts ‘remarkable’ Q2 results 08.20.2020 By Keith Nunes The chain reported a quarterly sales growth of 24.3%; the strongest ever reported.Read More
Walmart sees Q2 sales spike 08.19.2020 By Keith Nunes Consumers look to the retailer’s omnichannel model for purchases.Read More
New wings concept lifts Brinker’s outlook 08.14.2020 By Eric Schroeder But the pandemic dragged down profits by 84% in fiscal 2019.Read More
Wendy’s breakfast sales continue to grow 08.10.2020 By Keith Nunes The chain will invest $15 million in second half of year to help drive awareness of the breakfast program.Read More
Beyond Meat switches focus to retail 08.07.2020 By Keith Nunes At the end of Q2, the company’s business is now 88% retail.Read More
Kraft Heinz strong Q2 eclipsed by impairment charge 08.06.2020 By Keith Nunes The company showed a growth of organic sales by 7.4%.Read More
Despite COVID-19-related costs, Tyson maintains strong outlook 08.04.2020 By Keith Nunes The company’s chicken unit reported a $120 million loss in Q3.Read More
Dunkin’ to close 800 US locations 08.03.2020 By Jeff Gelski On the block were stores with low sales and those that could not be remodeled.Read More
Applebee’s, IHOP owner sustains Q2 loss 07.31.2020 By Sam Danley Restaurant capacity and consumer caution hampered sales for Dine Brands Global.Read More