McDonald’s earnings miss estimates as diners pull back, Middle East boycotts hit sales

McDonald's shares have fallen 7.7% year to date, dragging its market value down to $197 billion. McDonald's is expected to report its first-quarter earnings before the bell on Tuesday. Here's what ... Read More

McDonald's faces weaker foot traffic, value proposition as it sets to report Q1 earnings

A lot is stacked against McDonald's this quarter. Wage inflation, tighter wallets, and global conflict are creating headwinds for the Golden Arches. Wall Street is expecting weaker foot traffic for ... Read More

NRSInsights’ March 2024 Retail Same-Store Sales Report

March same-store sales jumped 7.2% year-over-year, the highest rate of increase since June 2023 Inflationary pressures ... “The NRS Network’s same-store sales were again strong in March ... Read More

McDonald’s to buy franchise that faced boycotts after donating meals to Israeli military following Oct. 7 attacks

After the completion of the transaction in the coming months, McDonald’s will own Alonyal’s restaurants and operations while retaining its employees, Omri Padan, CEO and owner of Alonyal ... Read More

McDonald's buying back its franchises in Israel as boycott hurt sales

Alonyal has operated McDonald's restaurants in Israel for more than 30 years. Their 5,000 employees will keep their jobs after the sale, McDonald's said. In presenting its 2023 earnings report in ... Read More

Netflix to stop reporting quarterly subscriber numbers in 2025

Love isn't the only thing that's blind at Netflix ... in its first quarter earnings report Thursday, the streaming giant also revealed that it would stop sharing quarterly membership numbers ... Read More

Police said Avedisian fled after causing a three-car crash in a McDonald’s drive-thru

Dan McKee on Thursday just two weeks after he was accused in a hit-and-run in a McDonald’s drive-thru in Warwick. The announcement came the same day as the RIPTA board of directors met behind ... Read More

Netflix Subscriber Numbers Fueled a Decade of Frenzied Streaming Bets. That Chapter Is Over

By the end of April 2022, after reporting a surprising ... portfolio and the wider sales price dispersion within any given product line.” At the same time, Netflix’s nascent ad tier is growing ... Read More

Nrsinsights’ March 2024 Retail Same-Store Sales Report

(MENAFN- GlobeNewsWire - Nasdaq) March same-store sales jumped 7.2% year-over-year, the highest rate of increase since June 2023 Inflationary pressures remained subdued - average prices increased ... Read More

NRSInsights’ March 2024 Retail Same-Store Sales Report

March Retail Same-Store Sales Highlights Same-store sales increased 7.2% from a year earlier (March 2023). In February 2024, average sales had increased 3.5% compared to February 2023. Same-store ... Read More