QSR, Restaurant and Food Service Trends

January 29, 2008

Burger King Seen Earning 32 Cents Per Share in 2nd Quarter Amid Consumer Spending Slowdown

Fast food chain Burger King Corp. is scheduled to report its fiscal second-quarter results Thursday morning. In its fiscal first quarter, Burger King's same-store sales increased 6.6 percent in the U.S. and Canada, and 5.9 percent worldwide. But in w...

January 29, 2008

BPC's National Chip Week campaign takes regional approach

The British Potato Council (BPC) is to concentrate its efforts in regional press in a new PR drive in February to promote a week-long celebration of chips. The National Chip Week campaign, to run from 11 to 17 February, will feature recipes, celebrity...

January 28, 2008

Sales Slowdown McDonald's

McDonald's posted a solid rise in fourth-quarter profits, topping analysts' expectations for the period, but a significant sales slowdown for December sent shares of the fast-food giant sliding Monday. McDonald's revenue climbed to $5.75 billion from $...

January 28, 2008

'Everything I needed to know I learned in McDonald's'

News that McDonald's will offer "A-level grade"training courses has been met with jibes about "McDiplomas"and "McQualifications". But for journalist John Hand, learning the ropes in a fast-food restaurant was a grounding f...

January 28, 2008

U.S. Sales Slowdown Hits McDonald's

McDonald's Corp. showed its first sign of vulnerability to the U.S. economic slowdown Monday and uneasy investors responded by selling off the fast-food chain's stock despite its booming international sales and healthy $1.27 billion profit. Chief Exe...

January 28, 2008

McDonald's gana un 32 por ciento menos en 2007 y un 3 por ciento más en el cuarto trimestre

La cadena estadounidense de restaurantes de comida rápida McDonald's ganó 2.395,1 millones de dólares en 2007, un 32 por ciento menos que el año anterior, y 1.273,2 millones de dólares en el cuatro trimestre, un 3 por ciento más que en el mismo período...

January 28, 2008

Mc Donald’s encabeza el ranking de las 200 cadenas de franquicias internacionales que más facturan

Mc Donald’s encabeza, un año más, el ránking de las 200 cadenas de franquicias internacionales que más facturan según Franchise Times, la revista norteamericana especializada en el sector. Por tercer año consecutivo, llama la atención el hecho de que e...

January 26, 2008

Yum Brands OKs additional share buyback

Yum Brands (NYSE:YUM) Inc., which operates the Taco Bell, KFC and Pizza Hut chains, said Thursday its board approved the repurchase of up to an additional $1.25 billion in common stock.The company said this authorization, which lasts over the next 12 ...

January 26, 2008

Every day, 1.2 million Australians visit a McDonald's restaurant

In Australia, a country with 21 million people, an average of 1.2 million Australians a day walked through the golden arches in 2007. The McDoanld's franchise, which has 762 restaurants across Australia, notched double-digit growth over the calendar ...

January 25, 2008

McDonald's announces Q4 results monday

McDonald's Corp. reports its fourth-quarter results before the start of trading Monday. Analysts Expect McDonald's to Earn 71 Cents Per Share in the 4th Quarter.

January 25, 2008

Kiremko Duurland bakwand verovert Engeland

De verkiezing van de beste Fish&Chip Shop in Engeland is een groot succes voor de Nederlandse bakwandenfabrikant Kiremko Duurland. Nederlandse fabrikanten van bakwanden zijn bezig met een opmars onder de top van de Engelse cafetaria’s. De winnaar ...

January 25, 2008

McDonald's Shares Rise, but Analyst Lowers Price Target Due to U.S. Economic Weakness

A Thomas Weisel analyst cut his price target on McDonald's Corp., anticipating a U.S. market slowdown. Matthew DiFrisco said he expects the company to do well despite declining consumer spending and other economic issues, however. "With its ti...

January 22, 2008

Nueva York: intentan imponer conteo de calorías en menus

Una agencia municipal aprobó el martes un plan para obligar a cadenas de restaurantes de comida rápida a poner la cifra de calorías de sus alimentos en menús, con la esperanza de que eso fuerce a los neoyorquinos a comer de manera más saludable.

New York City reintroduces calorie counts on menu boards

January 22, 2008

Calorie counts on Menu soon mandatory in New York City

Restaurant chains in New York will be forced to put calorie counts on their menus as part of a healthier eating campaign. The city's health board hopes the fat-filled truth about some dishes will shock diners into choosing alternatives. The new rule ...

January 21, 2008

Malaysia: 50 more Burger King outlets expected to open in 5 years

Cosmo Restaurants Sdn Bhd, which holds the franchise for Burger King restaurants in Malaysia, plans to open 50 more outlets in the next five years. Director of operations Khaled Hamman said the company was finalising its business expansion plan. “W...

January 20, 2008

McDonald's, Sinopec open joint service station/restaurant in Beijing

China Petroleum &Chemical Corp (Sinopec) and McDonald's Corp have opened their first combination service station and restaurant in Beijing, the Shanghai Business Review reported, citing sources.

January 18, 2008

British Potato Council publishes 'Spuds rule OK' for caterers and school meal providers

"Spuds Rule OK"is a brand new booklet produced by the British Potato Council (BPC) to help caterers, school meal providers and local authorities meet the government’s nutritional guidelines for school meals. As well as being packed full of nu...

January 17, 2008

McDonald's sees 2008 capital spending at $2 bln

McDonald's Corp's chief financial officer reiterated the company's forecast for capital spending of about $2 billion in 2008, split between new restaurants and renovation of existing ones. Speaking at a conference on Wednesday hosted by Cowen and Co....