fast food restaurants

McDonald's Sales Drop for First Time Since 2003

McDonald's is having trouble stomaching the competition. The world's biggest hamburger chain said Thursday that global revenue fell for the first time in nearly a decade in October, as the company faced intensifying competition and a challenging economy.

Burger King Dusting Off Crown and Going Public Again

Burger King is dusting off its crown and going public again. The world's No. 2 hamburger chain, which is in the midst of overhauling its menu and stores, says it expects to relist its shares on the New York Stock Exchange within the next three months.

Can Fast Food Really Make America Healthier?

McDonald's and other fast-food establishments recently garnered praise from First Lady Michelle Obama for making great strides toward "making America healthier." But how admirable have their efforts really been? Here's a closer look at the likely effects of changes to the happy meal -- and a different business's better efforts.

Food Fight: Why KFC Is Leaving Fiji

Kentucky Fried Chicken says it is shutting down its fryers for good in Fiji, saying the government compromised its so-called famous blend of 11 herbs and spices by stopping KFC from importing key ingredients. Fiji says that's just an excuse.

Easing Ronald McDonald Out of a Job

If you haven't seen Ronald McDonald around much these days, there's a reason for that. Facing increased competition from more upscale chains, McDonald's is more focused these days on selling profitable coffee drinks and salads, downplaying their namesake clown, who is more associated with Big Macs and Happy Meals.

The Taco Bell Beef Suit: Not All Processed Foods Are Evil

A new lawsuit against Taco Bell claims processed beef used by the fast food giant contains mostly fillers. Taco Bell vigorously denies the claim, but the litigation is drawing new attention to the years-long controversy over processed meats.

This Trio of Restaurant Stocks Look Tempting

The New Year brings new hope to the restaurant industry, which suffered heavily during the harsh, eat-at-home recession. As a result, the number of restaurants have dwindled nationwide. But Goldman Sachs says this is very good news for three companies in particular.

McDonald's Is Out to Shake Up the Milkshake

The ice cream drinks have been a fast-food favorite for decades. Now, McDonald's is considering giving them a new look -- serving the shakes in see-through plastic cups instead of the current white paper cup familiar to customers the world over.

McDonald's to raise prices in 2011

McDonald's Corp. plans to raise prices in 2011 in anticipation of higher commodity costs and a hope that an improving economy will mean diners...

Burger King Earnings, Sales Slip in Fourth Quarter

Fast food chain Burger King Holdings Inc. (BKC) reported diluted earnings of 36 cents per share for the fourth quarter of fiscal 2010, down from 43 cents a year earlier. Revenue for the quarter was $623 million, 1% lower than in the fourth quarter of fiscal 2009, the company said in a statement. A 0.7% drop in worldwide comparable sales hit revenues.

Yum Brands Earnings Squeak Past Estimates

Yum Brands narrowly beat Wall Street's estimates by reporting an adjusted profit of 58 cents a share, four cents more than estimates. International growth, particularly in China, has tempered a downward trend in U.S. sales.

KFC's Double Down is no bread-winner

I won't spend another $5.65 on KFC's new Double Down because the sandwich is naked. So what that it tastes OK. Or that it has enough hunger-slaying...

Subway to debut breakfast menu

Sandwich giant Subway announced that it wants to take a bite out of the breakfast market with the nationwide launch of egg and cheese breakfast...