Consumer

Consumer

Growth at Fast Food Joints Like Wendy’s Looks Soggy Next to Casual-Dining Chains

Photo via Jimin Kim/ZUMAPRESS/Newscom

Chains including Cheesecake Factory, BJ’s, IHOP and Chili’s have seen sales and foot traffic climb alongside their shares.

2 min read

Photo via Marcus Ingram/Sipa USA/Newscom

Consumer

Premium Sneaker Brand On’s Stock Tumbles Amid Push to Keep ‘Full Price’ Power

The Swiss company’s stock ended the day down roughly 20% after it lowered its outlook for the rest of the year.

1 min read
Photo via IMAGO/Zoonar/Marvin Samuel TOLENTINO-PINEDA/IMAGO/Zoonar/Newscom

Consumer

McDonald’s Appoints New US President to Turn Around Sluggish Sales

McDonald’s has appointed a new US chief to revitalize the flagging performance of its American restaurants, where inflation has cut sales.

2 min read
Photo by Yanhao Fang via Unsplash

Consumer

Cyclospora Parasite Sours Sales Outlook for Taco Bell Parent

Parent company Yum Brands is a sprinkle of shredded lettuce away from disaster as it heads into earnings today.

1 min read

Consumer

Lackluster Retail Sales Mask a (Short-Lived) Silver Lining

Photo via Christopher Beckett/Sipa USA/Newscom

Cooling retail sales growth in June reflects a brief decline in gasoline prices amid a short-lived ceasefire between the US and Iran.

2 min read

Consumer

Slowing Costco Sales Growth Unnerves Investors

Photo via imageBROKER/Iuliia Dombrovskaia/Newscom

Shares in the membership-based retailer fell 4.1% on Thursday after a June sales update failed to meet Wall Street’s lofty expectations.

1 min read

Equities

Lights, Camera, HVACtion: European Heat Wave Fans Growth for Climate Control Industry

Photo by Davey Gravy via Unsplash

Europe’s getting clobbered by a heatwave. US HVAC companies could be among the winners of an ensuing demand for air conditioning.

1 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.