Starbucks reported a same-store sales decline for the second quarter of 2024, for the first time in almost three years since the peak of the pandemic, as shares of the Seattle-based coffee chain plummeted 16% over the past day.
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Plus innovation at &Pizza, Another Broken Egg, Applebee’s Neighborhood Grill & Bar, Bad Daddy’s Burger Bar, Baja Fresh, Baskin-Robbins, Black Rock Coffee Bar, Bob Evans, Clean Eatz, Dewey’s Pizza, Dutch Bros, Flying Biscuit Cafe, Ford’s Garage...
During Yum Brands’ earnings call Wednesday morning, executives were somewhat upbeat, touting the resiliency of the company’s brands in a challenging operating environment and pointing to core operating profit gains and digital sales increases as...