Tag Archives: growth

McDonald’s to open 1900 locations in 2023, US franchisees encouraged by growth

McDonald’s to open 1900 locations in 2023, US franchisees encouraged by growth

McDonald’s (MCD) plans to open 1,900 new locations in 2023. More than 400 of the new Golden Arches will be in the U.S. or in its internationally operated markets, including Germany, Canada, France, Australia, Canada, and the U.K. The remaining 1,500 will be in developmental licensee and affiliate markets, including 900 in China. The fast-food giant plans to spend $2.2 billion to $2.4 billion on capital expenditures, “half of which will be dedicated to new net openings,” CFO and EVP Ian Borden… Source link

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Dave’s Hot Chicken eyes growth, undeterred by competitors Chick-fil-A & Raising Cane’s

Dave’s Hot Chicken eyes growth, undeterred by competitors Chick-fil-A & Raising Cane’s

Dave’s Hot Chicken Co-Founder Arman Oganesyan said his pop-up tent turned national food chain is focused entirely on its food and its customers, allowing it to stand out among its mega competitors. “You always have your big chicken competitors like the Chick-fil-A’s and the Raising Cane’s, but [again] we like to focus on our food. We like to focus on our customer,” he said to Yahoo Finance Live. Its menu includes 4 combo meals that feature chicken tenders or chicken sandwiches, and include… Source link

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Microsoft’s growth rate may have just bottomed: Analyst

Microsoft’s growth rate may have just bottomed: Analyst

There is light at the end of the tunnel for Microsoft (MSFT) as a global economic slowdown weighs on the tech giant’s growth, argues Piper Sandler analyst Brent Bracelin. Microsoft growth rates are “going to bottom here either this quarter, the current quarter they reported, or the next quarter,” Bracelin said on Yahoo Finance Live (video above). “So we are close to saying the worst declines are over for these non-cloud segments like Windows and devices and advertising.” While that may provide… Source link

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Microsoft earnings beat expectations, cloud growth continues to slow

Microsoft earnings beat expectations, cloud growth continues to slow

Microsoft (MSFT) announced its Q2 earnings after the bell on Tuesday, barely missing analysts’ expectations on revenue and beating on earnings per share. Here are the most important numbers from the report compared to what analysts were expecting from the quarter, as compiled by Bloomberg. Revenue: $52.7 billion vs. $52.9 billion expected Adjusted EPS: $2.32 vs. $2.30 expected Productivity and Business processes: $17 billion vs. $16.8 billion expected Intelligent Cloud: $21.5 billion vs. $21.4… Source link

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