Chipotle Shares Rise 7% as Chain Pushes to Revive Sales
Chipotle Mexican Grill shares rose 7% in premarket trading on Thursday as investors responded positively to signs that CEO Scott Boatwright’s efforts to attract customers through new menu launches and increased marketing were beginning...
McDonald’s Unveils $8.5 Billion Franchisee Support Plan to Revive Growth
McDonald’s on Wednesday announced an $8.5 billion franchisee support plan as part of its expanded growth strategy, NEXT, aimed at reviving momentum after several quarters of slower performance. Launched in June, the strategy focuses...
Jersey Mike’s Targets Nearly $8 Billion Valuation in U.S. IPO
Sandwich chain Jersey Mike’s Subs is aiming for a valuation of up to $7.94 billion in its U.S. initial public offering (IPO), testing investor demand for restaurant stocks amid a recovering market for new...