Chipotle (CMG) has no plans to start offering McDonald’s-like value meals to entice lower-income consumers back to its restaurants after implementing a series of inflation-driven price hikes this year. “We don’t think Chipotle is the brand where somebody is looking for a dollar menu or bundle meal,” Chipotle CFO Jack Hartung said on Yahoo Finance Live (video above). “They look for customization. Most customers get the same exact entree every single time, and that’s what they crave.” Chipotle… Source link
Read More »McDonalds, Taco Bell tap into nostalgia with return of menu items, collectibles
Fast food giants McDonald’s (MCD) and Taco Bell (YUM) are tapping into fan nostalgia to boost traffic. On Tuesday, Taco Bell announced its first-ever in-app voting experience, allowing fans to vote for either the Double Decker Taco or the Enchirito to return to menus for a limited time. The Double Decker Taco was introduced in 1995 as a limited-time offering before it became a 13-year menu mainstay from 2006 to 2019. It includes a soft flour tortilla layered with beans then wrapped around a… Source link
Read More »KFC to debut Beyond Fried Chicken menu item as plant based boom expands
KFC (YUM) is going above and Beyond…Meat, that is, as plant-based items continue to encroach on fast food’s turf. Late Tuesday, KFC announced the nationwide debut of Beyond Fried Chicken, after a two-year testing period. The anticipated menu item will be available to purchase at participating KFC locations in the U.S. beginning January 10. Customers can order the item as KFC’s first ever plant-based combo meal or à la carte in six or 12-piece orders. Created in partnership with Beyond… Source link
Read More »Google Pay adds new shortcut menu that’s easier to use
The new Google Pay app is a stark departure from the version that came before it, and it’s no secret that it hasn’t been as big of a success as Google hoped. Now, the company is adding a new shortcut menu to the Google Pay app. Seemingly rolling out on an account-by-account basis – we’re able to consistently see the menu on one account, but not others – this new shortcut menu appears on the app’s main tab and offers four shortcuts to common parts of the Google Pay… Source link
Read More »McDonald’s Q3 earnings jump as bigger orders, menu deals juice sales
McDonald’s (MCD) on Wednesday reported third quarter earnings results that topped Wall Street’s expectations, boosted by strong sales growth across the board as customers were enticed by a range of new menu items, even amid a resurgence of COVID-19 cases worldwide. Here’s the Golden Arches reported, compared to Wall Street estimates , according to a Bloomberg consensus estimate: Revenue: $6.20 billion versus $6.03 billion expected Adj. earnings per share (EPS): $2.76 (excluding special items)… Source link
Read More »Popeyes adds nuggets to its menu, looks to build on smash hit chicken sandwich
Popeyes (QSR) is adding chicken nuggets to its menu, using the same recipe as the hotly-coveted chicken sandwich that’s been a runaway hit for the restaurant chain. The addition of the white meat chicken nuggets, with options ranging from 4 piece to 36 pieces, are set to hit menus beginning July 27 in the U.S., Canada and Puerto Rico. The fast food giant is hopeful this launch will match the reception that greeted its fried chicken sandwich back in August of 2019. That menu item sparked the… Source link
Read More »Google Tests App-Like Chromecast Menu With Additional Controls
(Image: PCMag) Google is working on a new, app-like interface for Chromecast. According to 9to5Google, several users are seeing the new interface when casting video from their phones. Typically, doing so loads information like a YouTube channel name, date, time, and other rudimentary details. The video plays, and when it’s complete, it’s back to a basic how-to screen to cast again. The new interface, which is similar to what Android TV already uses, includes several changes, like closed… Source link
Read More »McDonald’s misses Q4 earnings expectations, but sales boosted by menu, mobile
McDonald’s (MCD) on Thursday posted a fourth quarter profit that fell short of Wall Street expectations, but the fast food giant got a sales boost from the COVID-19 trends of menu innovation, takeout and mobile ordering. Here’s what the Chicago-based fast-food restaurant posted, compared to Wall Street’s expectations, according to a Bloomberg consensus estimate: Revenue: $5.31 billion versus $5.37 billion expected Adj. earnings per share (EPS): $1.70 versus $1.77 per share expected U.S…. Source link
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