Amelia Lucas

Starbucks union baristas have voted to authorize an open-ended strike.

Yum Brands will explore strategic options for Pizza Hut, which has struggled in recent years.

Same-store sales at Taco Bell and KFC rose, while Pizza Hut reported same-store sales fell 1%.

In recent years, the coffee giant has seen its sales in China plummet.

The company's international segment was the star of the quarter with 6.5% same-store sales growth.

Under CEO Brian Niccol's leadership, the company has implemented a turnaround strategy focused on bringing the coffee chain back to its roots.

The coffee company said delivery sales climbed almost 30% in its fiscal fourth quarter.

Shares of Chipotle have tumbled 33% this year, dragging its market value down to roughly $54 billion.

Despite tariff costs and what CEO Jon Moeller called a "challenging consumer and geopolitical environment," P&G reiterated its fiscal 2026 earnings forecast.

Taco Bell projects it will have 30 Live Más Cafés in its portfolio by the end of the year, across Southern California, Dallas and Houston.

Shares of Coke have risen nearly 10% this year, increasing its market value to around $295 billion.

The food and beverage giant PepsiCo reiterated its full-year forecast.

Dirty soda is fueling a resurgence in carbonated soft drinks, kicked off by Utah-based chain Swig and now extending to giant PepsiCo.

Starbucks announced a $1 billion restructuring plan Thursday that involves closing some of its North American coffeehouses and laying off about 900 workers.

Olive Garden owner Darden Restaurants missed fiscal 2026 first-quarter earnings estimates but raised its fiscal 2026 forecast for revenue growth.

Fast-food chains are losing breakfast customers. Convenience stores are partially to blame.

Chipotle is planning to open its first locations in South Korea and Singapore next year.

Brian Niccol's turnaround strategy is bringing back some customers, but investors were expecting faster results.

Starbucks is giving 1,000 of its cafes makeovers by the end of 2026.

The deal will reverse much of the $46 billion merger envisioned by Warren Buffett's Berkshire Hathaway and private equity firm 3G Capital.