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Same Store Sales

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Target Q1 Beat as Shoppers Return, Raises Full-Year Outlook
business7 days ago

Target Q1 Beat as Shoppers Return, Raises Full-Year Outlook

Target beat Q1 estimates with revenue of $25.44B and EPS of $1.71, as same-store sales rose 5.6%—the first positive reading in five quarters—driven by stronger store and digital traffic (digital up 8.9%) and a surge in non-merchandise revenue. The company lifted its full-year net sales growth to about 4% and signaled EPS near the high end of the $7.50–$8.50 range; gross margin came in at 29%. Management cited broad category strength and ongoing investments in merchandising, guest experience, and technology (including Target Circle 360) as it advances its turnaround, with roughly $5 billion planned in capital expenditures for 2026.

via CNBC|
#business#earnings#guidance
McDonald’s bets big on nostalgia and value to hit 10,000 China stores by 2028
business20 days ago

McDonald’s bets big on nostalgia and value to hit 10,000 China stores by 2028

McDonald’s is accelerating its push in China, aiming for 10,000 mainland stores by 2028 (up from 7,700 at end-2025), with about half of last year’s openings in China. First-quarter same-store sales in its international developmental licensed markets rose 3.4%. About 52% of McDonald’s China business is owned by Trustar, a Citic Capital private‑equity unit. The company leans on nostalgia—reintroducing vanilla and strawberry milkshakes at select stores—and value pricing (one-plus-one meals from roughly 14 yuan) to compete as local brands gain ground.

via CNBC|
#business#china-expansion#mcdonalds
McDonald’s prep for steady Q1 2026 showing as beefed-up earnings eye gas-price impact
business20 days ago

McDonald’s prep for steady Q1 2026 showing as beefed-up earnings eye gas-price impact

McDonald’s is set to report Q1 2026 results before the bell, with expected EPS around $2.74 and revenue about $6.47 billion. Wall Street looks for roughly 3.7% same-store-sales growth, while investors monitor whether higher gas prices are easing customer demand. Shares have fallen about 10% over the past year despite a broader market rally, and the company remains valued around $201.5 billion.

via CNBC|
#business#earnings#gas-prices
Chipotle Returns to Growth Momentum With Modest Q1 Comp, Keeps Flat Full-Year Outlook
business28 days ago

Chipotle Returns to Growth Momentum With Modest Q1 Comp, Keeps Flat Full-Year Outlook

Chipotle delivered Q1 2026 revenue of $3.09B and adjusted EPS of 24 cents, with 0.5% same-store sales growth and 0.6% traffic gain, beating revenue expectations while net income fell to $302.8M due to higher taxes, wage costs and beef prices; the company also opened new stores to lift sales and kept its full-year same-store-sales guide flat, calling it conservative amid a volatile consumer backdrop, and named Fernando Machado as chief brand officer to bolster branding.

via CNBC|
#business#chipotle#cmg
Starbucks lifts 2026 outlook as traffic rebounds
business29 days ago

Starbucks lifts 2026 outlook as traffic rebounds

Starbucks delivered stronger-than-expected Q2 results: revenue of about $9.53 billion and adjusted EPS of 50 cents, with global same-store sales rising 6.2% (U.S. up 7.1%, international slower) and traffic gains prompting a raised full-year outlook to at least 5% SSS growth and adjusted EPS of $2.25–$2.45 for 2026. China weighed on results despite discounting.

via CNBC|
#business#china#earnings
Domino’s Q1 misses weigh on DPZ stock
business1 month ago

Domino’s Q1 misses weigh on DPZ stock

Domino’s Pizza reported Q1 revenue of $1.15B, up 3.6% year over year but $10M below consensus, with international stores growing 4.0% and U.S. stores up 2.8%. Same-store sales rose 1.5% at U.S. company-owned locations and 0.8% at franchised locations, both missing estimates. GAAP EPS was $4.13, short of expectations by $0.14, and weaker free cash flow accompanied the results, helping push the stock lower.

via Seeking Alpha|
#business#dominos-pizza#dpz
Domino’s stock drops after weak U.S. sales and lower full-year outlook
business1 month ago

Domino’s stock drops after weak U.S. sales and lower full-year outlook

Domino’s Pizza shares fell about 10% after reporting weaker-than-expected U.S. same-store sales (0.9% vs. 2.3% expected) and trimming its U.S. same-store sales forecast to a low-single-digit gain, as CEO Russell Weiner cited winter weather and weak consumer sentiment; intensified promotions from rival chains like Papa John’s and Pizza Hut added pressure, with earnings season just beginning for major restaurant groups.

via CNBC|
#business#competition#dominos-pizza
Papa John’s to shutter about 300 North American restaurants in turnaround
business2 months ago

Papa John’s to shutter about 300 North American restaurants in turnaround

Papa John’s says it will close roughly 300 underperforming North American restaurants by the end of 2027, about 200 of them this year, as part of a turnaround plan following a weak quarter. The closures accompany a roughly 7% cut to its corporate staff and come after a 5.4% drop in North American same-store sales in Q4; CEO Todd Penegor cited a weak consumer backdrop and promotional environment while rivals like Pizza Hut and Domino’s show a mixed picture.

via CNN|
#business#earnings-call#north-america
Wendy's to shutter up to 6% of U.S. locations amid sales slump
business3 months ago

Wendy's to shutter up to 6% of U.S. locations amid sales slump

Wendy's plans to close 5%-6% of its U.S. restaurants (about 28 closed in Q4; remaining cuts expected in H1 2026) after an 11.3% drop in Q4 same-store sales and a 5.2% decline for the year, as it navigates value competition and leadership changes; franchisees may drop breakfast, and the company will roll out new chicken sandwiches and a cheesy bacon cheeseburger later this year.

via Axios|
#business#fast-food-industry#franchisees
Taco Bell fuels Yum Brands as Pizza Hut review begins after mixed Q4 results
business3 months ago

Taco Bell fuels Yum Brands as Pizza Hut review begins after mixed Q4 results

Yum Brands posted mixed Q4 2025 results: adjusted EPS of $1.73 on revenue of $2.51 billion (above revenue expectations but below EPS consensus), and net income of $535 million. Global same-store sales rose 3%, driven by Taco Bell’s 7% jump; KFC up 3% (US +1%, international +3%), while Pizza Hut declined about 1%. Yum said it has begun reviewing strategic options for Pizza Hut and did not share details.

via CNBC|
#business#earnings#pizza-hut
Chipotle Q4 Beat Masks Traffic Declines as 2026 Outlook Turns Flat
business3 months ago

Chipotle Q4 Beat Masks Traffic Declines as 2026 Outlook Turns Flat

Chipotle beat Q4 estimates with $2.98B in revenue and 25c per-share adjusted earnings, but traffic fell 3.2% and same-store sales declined 2.5% for the quarter, contributing to a 2025 full-year SSS decline of 1.7% (the first since 2016). For 2026, management projects flat same-store-sales growth and plans to open 350–370 new restaurants (including 10–15 international). With shares down about 33% over the past year and a ~$51B market value, the company is leaning into menu innovations (like protein cups) and slower price hikes to attract price-conscious and high-income customers, signaling a cautious outlook amid shifting consumer trends.

via CNBC|
#business#chipotle#earnings