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Reuters - 2 dagen geleden

FrontView REIT aims to raise up to $277 mln in US IPO

UPDATE 2-FrontView REIT aims to raise up to $277 mln in US IPO Adds background throughout, financial details in paragraphs 6-7 Sept 24 (Reuters) - FrontView REIT, which invests in properties in prominent locations facing high-traffic roads, aims to raise as much as $277.2 million in its initial public offering in the United States, the real estate investment trust said on Tuesday.

Reuters - 1 week geleden

US retailers rise as interest rate cut signals increased spending

BUZZ-US retailers rise as interest rate cut signals increased spending ** Shares of U.S. retail companies rise after the U.S. Federal Reserve cut interest rates by 50 bps ** Shares of retailers including Macy's M.N , Bath & Body Works BBWI.N , Lowe's LOW.N , Home Depot HD.N and Best Buy BBY.N rise between 1%-3% ** Fed's rate cut comes at an opportu

Reuters - 1 week geleden

The Wendy's Company Announces Executive Leadership Appointments

BRIEF-The Wendy's Company Announces Executive Leadership Appointments Sept 16 (Reuters) - Wendy's Co WEN.O : THE WENDY'S COMPANY ANNOUNCES EXECUTIVE LEADERSHIP APPOINTMENTS WENDY'S CO - JOHN MIN TO REPORT TO CEO KIRK TANNER Source text for Eikon: ID:nPn4YRgHLa Further company coverage: WEN.O

Reuters - 2 weken geleden

McDonald's extends $5 meal deal into December at most US outlets

McDonald's extends $5 meal deal into December at most US outlets Sept 12 (Reuters) - McDonald's MCD.N extended its $5 value meal offer into December at most of its U.S. locations, the burger chain said on Thursday. The company launched its $5 meal deal late in June and extended it into August in a bid to retain budget-conscious customers shying away from higher fast food prices.

Reuters - 3 weken geleden

The Wendy's Company Appoints Arthur Winkleblack Chairman Of The Board

BRIEF-The Wendy's Company Appoints Arthur Winkleblack Chairman Of The Board Sept 6 (Reuters) - Wendy's Co WEN.O : THE WENDY'S COMPANY APPOINTS ARTHUR WINKLEBLACK CHAIRMAN OF THE BOARD WENDYS CO - ARTHUR B. WINKLEBLACK SUCCEEDS NELSON PELTZ WENDY'S CO - NELSON PELTZ NAMED CHAIRMAN EMERITUS Source text for Eikon: ID:nPnccVcnCa Further company coverag

Reuters - 1 maand geleden

Flynn Group buys 83 more Wendy's franchises in US

Flynn Group buys 83 more Wendy's franchises in US By Waylon Cunningham Aug 15 (Reuters) - Flynn Group, which says it is the world’s biggest franchise operator, bought 83 Wendy’s WEN.O franchises in New Jersey and Pennsylvania, bringing its total to 277. The deal closed on Wednesday, according to Greg Flynn, the company's CEO. Terms of the deal and the identity of the seller were not disclosed.

Reuters - 2 maanden geleden

Wendy's Co reports results for the quarter ended in June - Earnings Summary

Wendy's Co reports results for the quarter ended in June - Earnings Summary Wendy's Co WEN.OQ reported quarterly adjusted earnings of 27 cents per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of 28 cents. The mean expectation of twenty seven analysts for the quarter was for earnings of 28 cents per share.

Reuters - 2 maanden geleden

Shake Shack shares up after better-than-expected Q2 sales

Shake Shack shares up after better-than-expected Q2 sales Aug 1 (Reuters) - Shake Shack SHAK.N shares jumped around 16% after topping market expectations for second-quarter same-store sales, as demand for its burgers and chicken sandwiches stayed robust even as competition intensifies for value meals in the United States. The fast-food chain also expects to achieve positive free cash flow for 2024, which would be a first since 2017. Shake Shack, under new chief Rob Lynch, has invested in improvi

Reuters - 2 maanden geleden

Wendy's Co <WEN.OQ> expected to post earnings of 28 cents a share - Earnings Preview

Wendy's Co expected to post earnings of 28 cents a share - Earnings Preview Wendy's Co WEN.OQ WEN.O is expected to show a rise in quarterly revenue when it reports results on August 1 for the period ending June 30 2024 The Dublin Ohio Ohio-based company is expected to report a 2.8% increase in revenue to $577.371 million from $561.57 million a year ago, according to the mean estimate from 21 analysts, based on LSEG data.

Reuters - 2 maanden geleden

McDonald's sales fall globally for first time in more than three years

UPDATE 7-McDonald's sales fall globally for first time in more than three years Q2 global comparable sales drop 1% vs est 0.5% growth Adj. EPS of $2.97 misses expectations of $3.07 $5 meal deal sold above expectations - executives Shares rise nearly 4% Adds investor comment in paragraph 5 By Savyata Mishra July 29 (Reuters) - McDonald's MCD.N reported a surprise drop in sales worldwide on Monday, its first decline in 13 quarters, as deal-seeking consumers shy away from higher priced menu items,

Reuters - 2 maanden geleden

US fast-food chains' bets on value meal set to face investor scrutiny

PREVIEW-US fast-food chains' bets on value meal set to face investor scrutiny By Savyata Mishra and Juveria Tabassum July 25 (Reuters) - The performance of McDonald's and other fast food chains' value meal launches will be closely watched when the U.S. restaurants report quarterly results over the next few weeks. McDonald's MCD.N , Burger King and other chains have been scrambling to improve traffic as soaring menu prices put off diners , especially from the lower-income group.

Reuters - 2 maanden geleden

McDonald's to extend $5 value meal, Bloomberg News reports

McDonald's to extend $5 value meal, Bloomberg News reports July 22 (Reuters) - Burger chain McDonald's MCD.N would continue to offer $5 value meal at most of its U.S. restaurants beyond the initial four-week window, Bloomberg News reported on Monday citing a company memo. McDonald's meal offer kicked off on June 25 as promotions ramped up across fast-food chains seeking to attract cash-strapped customers.

Reuters - 3 maanden geleden

US fast food chains: Truist data points to Q2 sales pressure despite value promotion

BUZZ-US fast food chains: Truist data points to Q2 sales pressure despite value promotion ** Truist Securities based on card data tracking says setup into Q2 earnings for McDonald's MCD.N , Burger King and Wendy's WEN.O appears negative owing to culmination of outsized menu price increases since 2019 ** Recent launches of $5 value meals from Restaurant Brands-owned QSR.TO Burger King and MCD to offset weaker sales "does not appear to be shifting momentum" - Brokerage ** Notes MCD same-store sale

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