same-store sales

McDonald’s reported a strong second-quarter profit of $2.36 billion and announced Skye Anderson as the new president of McDonald’s USA. U.S. same-store sales rose 0.8%, though slower than the previous year, while global sales increased 1.3%. The company cited high gas prices and consumer concerns about the U.S.-Iran conflict as challenges.

McDonald’s reported a strong second-quarter profit of $2.36 billion, surpassing analyst expectations, and appointed Skye Anderson as president of McDonald’s USA. Revenue increased to $7.1 billion, though slightly below estimates, with U.S. same-store sales rising 0.8% amid concerns over high gas prices and consumer anxiety.

McDonald's reported a second-quarter profit of $2.36 billion with earnings per share of $3.38, exceeding analyst expectations. The company named Skye Anderson as president of McDonald's USA amid cautious U.S. consumer spending and rising gas prices.

McDonald's reported a strong second-quarter profit with $2.36 billion earnings, a new chief for U.S. operations, and global same-store sales up 1.3%. U.S. same-store sales grew 0.8%, down from 2.5% a year earlier, as high gas prices and consumer anxiety impacted sales.

Starbucks reported stronger-than-expected quarterly sales growth of 7.9% globally and 7.9% in the U.S., raising its full-year sales growth forecast from 5% to 6% and increasing its earnings per share projection. Revenue declined 1% to $9.3 billion due to the sale of a stake in its China business, but net income surged 87% to $1 billion. CEO Brian Niccol credited the results to operational improvements like staff additions, technology enhancements, and store redesigns.

Starbucks' stock increased after the company raised its full-year outlook. The coffee chain reported four consecutive quarters of same-store sales growth under CEO Brian Niccol.

Chipotle Mexican Grill has raised its same-store sales forecast as customers return to order burrito bowls. The company's stock has declined over 7% this year, reducing its market value to approximately $44 billion.

Cracker Barrel CEO Julie Masino is stepping down a year after a rebranding effort, including a new logo, faced significant customer backlash. David Deno, former CEO of Bloomin’ Brands, will replace Masino. The company’s same-store sales declined following the logo change but showed recent improvements.

Cracker Barrel CEO Julie Masino is stepping down after a rebranding effort, including a controversial logo change, led to customer backlash and declining sales. The company will be led by David Deno, former CEO of Bloomin’ Brands, starting August 10. President Donald Trump criticized the logo change on Truth Social, urging the company to revert to the original design.

Cracker Barrel CEO Julie Masino is stepping down after a rebranding effort, including a controversial logo change, led to customer backlash and declining sales. David Deno, former CEO of Bloomin’ Brands, will replace her as CEO in August. The company reversed the logo change after public criticism, including from Donald Trump, but same-store sales dropped significantly.

Olive Garden's same-store sales increased by 2.4% in the quarter, while LongHorn Steakhouse's sales rose by 9.5%. The company's 2027 outlook was described as soft.