Profit
Starbucks Sees Key Sales Measure Rise, Profit IncreaseStarbucks reported a 23 percent increase in its fourth-quarter profit Thursday, thanks to rising sales at its coffee shops and benefiting from an extra week in the period.
- Kellogg's Profit Rises But Breakfast Struggles
Kellogg Co.'s profit rose in the latest quarter, but its revenue fell short of expectations as its breakfast business struggled.The maker of Frosted Flakes, Pop Tarts and Eggo waffles said Thursday that its North American ...
- Fat Profits: How the Food Industry Cashed in on Obesity
Ever since definitions of healthy bodyweight changed in the 1990s, the world has feared an obesity epidemic. But the food giants accused of making us fat are also profiting from the slimming industry.When you walk ...
- Starbucks' Cafe Sales Growth Drives Profit Higher
Starbucks Corp reported higher quarterly profit as new drinks like the "flat white" and food such as breakfast sandwiches and bistro boxes helped heat up sales in its dominant Americas region.
- McDonald's U.S. Sales Revive Amid Stiff Competition
McDonald's international restaurants easily beat expectations on same-store sales growth in Britain, Australia, Canada and Germany.
- Heineken to Buy Britain's Punch Pubs for $500 Million
Dutch brewing giant Heineken announced Thursday it is teaming up with Patron Capital to buy ailing Punch Taverns, hoping it will be able pull profitability from the age-old but struggling British pub tradition.
- McDonald's Predicts Tough Year Despite New Items
McDonald's is mixing up its menu with healthier, fresher sounding items such as its chicken McWraps but not enough customers are biting.The world's biggest hamburger chain on Monday reported a second-quarter profit that rose 4 ...
- Starbucks Beats on Higher Sales, Lifts Forecast
Starbucks says its profit climbed 25 percent in the latest quarter as caffeine-addicted customers helped boost sales and its coffee costs eased.The results topped Wall Street expectations, and the company raised its full-year guidance. Starbucks' ...
- Fast-Food Economics - Can Workers be Paid More?
American fast-food workers often earn about $7.25 an hour to make the $3 chicken sandwiches and 99-cent tacos that generate billions of dollars in profit each year for McDonald's, Taco Bell and other chains.Thousands of ...
- McDonald's profit falls, diners not 'lovin' it'
McDonald's Corp is getting back to basics after a string of disappointing quarterly results in its home market of the United States, which accounts for 30 percent of overall revenue.The fast-food giant has reported roughly ...
