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Q3 Results Drive Foodservice Headlines in First Half of November
Major industry players across the business captured attention in the first half of the month as foodservice providers released new insights from their quarterly reports.
Many restaurants are facing challenges in the third quarter as US consumers cut back on frequent dining. This compilation provides a thorough overview of key players' performance results and the latest in the most notable company news.
QSR's
McDonald's Q3, FY 2025
McDonald's reported a 3.6% increase in global same-store sales for the third quarter, surpassing analysts' expectations...
Wendy's Sees Strong International Growth Amid US Market Challenges in Q3
Hot off the grill, Wendy's released financial results from its third quarter of its fiscal year, showcasing a strong international performance despite challenges in the US market.
Interim CEO Ken Cook highlighted an 8.6% growth in systemwide sales internationally, bolstered by the addition of 54 new restaurants globally and improved adjusted EBITDA.
"Third quarter results were in line with our expectations, reflecting continued strength in our international business," Cook stated. In the U.S., operational initiatives led to a 4% outperformance in comparable sales at Company-operated...
McLane Company Expands Restaurant Portfolio with Five New National Customers
McLane Company Inc., one of the nation’s largest distributors in the restaurant and retail industries, announced today the addition of five new restaurant brands to its growing national portfolio: Carl’s Jr., Panera Bread, Steak ‘n Shake, Subway and Wendy’s.
“These new relationships with some of the most beloved brands in America reflect the trust leading restaurant chains place in McLane,” said Susan Adzick, president of McLane Restaurant. “Whether it’s helping a national chain improve service consistency across regions or unlocking growth for a regional brand...
Wendy’s Names Interim CEO Amid Leadership Changes
Wendy’s announced the appointment of its Interim CEO Tuesday, following reports of its current President and CEO, Kirk Tanner's resignation. Tanner will depart for The Hershey Company effective July 18.
In response, the Wendy’s Board of Directors has launched a comprehensive search process to identify a permanent CEO.
Meanwhile, Chief Financial Officer Ken Cook has been appointed by the Board to serve as Interim CEO until Tanner’s successor is in place.
"It has been a privilege to lead Wendy's, an iconic brand, and I leave with a sense of gratitude...
Game-Time Promotions Aim to Boost Sales in Foodservice
As the national college basketball championship games sound off, foodservice providers are capitalizing on the excitement with deals designed to drive sales and customer engagement.
Domino’s – The world’s largest pizza chain is offering a 50% discount on all menu-priced pizzas when ordered online. This promotion, valid from March 17 to March 23, includes every pizza on the menu, whether it’s specialty, any size, or any style of crust.
Wendy’s is checking into the tournament season with double dollar deals. Running through Sunday, April 13, customers...
Wendy's Offers 12 Days of Sweet & Spicy Holiday BOGO Deals Exclusively In-App
WHAT:'Tis the season to celebrate twelve days of Wendy's® BOGO deals – it's officially "Bow-GO" season! Beginning today, December 11, fans can "unwrap" Wendy's in-app gifts to discover twelve days of delicious deals for more than $50 in savings. Save on the most beloved Wendy's menu items of 2024 every single day, exclusively in the Wendy's app* through Sunday, December 22. Want to know what's under the Wendy's tree? In-app deals will include buy-one-get-one...
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