In the civil antitrust case, the government alleges that Cal-Maine Foods, Hickman’s Egg Ranch, and Versova-related entities coordinated their bidding activity tied to a egg-price reporting service.
2 minute read
Constellation Brands reports earnings Tuesday, with investors focused on whether Modelo and Corona can keep beer sales growing while offsetting pressure on margins.
2 minute read
More than 35% of Shake Shack’s U.S. company-owned restaurants are within 30 miles of World Cup venues—a draw for more customers.
2 minute read
TD Cowen analysts say reduced alcohol spending is a result of reduced overall spending, and the pressure might ease as young consumers age into adulthood.
3 minute read
The struggling fast-food chain is seeing more action than Micron, which just posted stellar earnings.
3 minute read
Domino’s Pizza shares fell after it named a new CEO. It wasn’t an unusual reaction on Wall Street.
3 minute read
The rally came after a slew of posts on the WallStreetBets investing forum urge retail traders to buy the struggling fast-food chain.
3 minute read
A memorandum of understanding between the U.S. and Iran, and a drop in oil prices, make it harder for food companies to justify price hikes.
2 minute read
Rafael Oliveira is coming from JDE Peet’s, the coffee and tea company, where he has been CEO since 2024. He succeeds Dolf van den Brink.
2 minute read
Pizza sales are sluggish, and Domino’s same-store sales rose just 0.9% in the first quarter.
1 minute read
Heavy rain in Brazil, the world’s largest coffee producer, has disrupted the harvest and raised concerns about bean quality.
3 minute read
Restaurant spending is fragmenting as consumers trade down for value or up for experiences, leaving midtier brands struggling.
3 minute read
It plans to use the proceeds to invest in technology and return capital to shareholders.
3 minute read
Cathie Wood’s ARK Invest funds held roughly 3.29 million shares of SpaceX by the end of June 12, the day Elon Musk’s company went public.
2 minute read
CF Industries, Nutrien and Mosaic stocks were down on Monday following the news of a deal that would wind down the Iran war.
2 minute read
It’s tough being in the dining-out business right now. Soaring food costs are keeping families at home. Still, there are companies that can grow.
Long Read
The deal would combine Warner Bros. Discovery’s studios, cable networks and streaming assets with Paramount’s film, TV and streaming businesses.
2 minute read
JBS executives have warned that the U.S. beef industry has more processing capacity than current cattle supplies can support.
3 minute read
A Numerator survey found that 27% of U.S. World Cup watchers expect to watch from a bar, restaurant or public space, while 24% plan to host a watch party.
2 minute read
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