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X @Forbes
Forbes· 2025-11-30 22:30
Which billionaires got their start at fast food chains?https://t.co/lHSLmSkLMf ...
Crypto bros trade Lambo dreams for McDonald’s memes in latest bear market sign
Yahoo Finance· 2025-11-29 15:55
Crypto traders have long been fixated on how much Bitcoin it will take them to buy a Lamborghini. But after a woeful November for Bitcoin and other cryptocurrencies, an old joke has popped back up online: crypto bros lining up for jobs at McDonald’s. The McDonald’s memes have surfaced during other low periods for Bitcoin. In early 2022, Nayib Bukele—the president of El Salvador who made Bitcoin legal tender in his country—photoshopped himself wearing a McDonald’s uniform after the cryptocurrency dropped.  ...
German Doner Kebab set to enter India next year, eyes $1.3 billion in global sales
The Economic Times· 2025-11-28 04:22
India is "an important part of that growth plan" and "ripe" for its products, Wallis told Reuters in an interview on Thursday, citing the nation's rising middle class and growing protein consumption. "It's a thriving economy, which is one reason why a number of brands are attracted to the Indian market." The Global brands from Little Caesars to Papa John's International are stepping up expansion in India, even as Yum Brands' KFC and Pizza Hut face slower sales amid consumer cutbacks. That sets the stage f ...
KFC Lost Fast Food's Chicken Crown. Here's How It Plans to Win It Back
Market Position - KFC ranks fourth in US chicken restaurant sales and has experienced consecutive quarters of sales declines [1] - Bone-in fried chicken menu listings in US fast food restaurants have dropped by 72% in the past 4 years [2] - Boneless chicken items in US fast food restaurants are up by 29% in the past 4 years [2] Competitive Landscape - Competitors like Raising Canes and Chick-fil-A focus on tenders and fried chicken sandwiches [2] - Fast food giants like McDonald's and Taco Bell have expanded their chicken options [3] KFC's Response - KFC is bringing back old favorites like its original honey barbecue sandwich and potato wedges [3] - KFC is testing Saucy by KFC, a new concept focused on tenders and featuring nearly a dozen sauces [3]
Lawsuit over Burger King's Whopper ads set back by US judge
Reuters· 2025-11-26 20:30
Core Point - A federal judge has ruled against customers attempting to sue Burger King regarding the advertising of its Whopper sandwiches, stating that the claims are too varied to warrant a nationwide class action certification [1] Group 1 - The lawsuit against Burger King involves customers who allege misleading advertising related to the Whopper sandwiches [1] - The judge's decision indicates that the claims presented by the customers lack sufficient commonality to form a class action [1] - This ruling represents a significant legal hurdle for the plaintiffs seeking to challenge Burger King's advertising practices on a national scale [1]
Yum China Holdings, Inc. (NYSE: YUMC) Targets Ambitious Growth
Financial Modeling Prep· 2025-11-25 15:11
Core Insights - Yum China Holdings, Inc. is a major player in the fast-food industry in China, operating brands like KFC and Pizza Hut, and is listed on both NYSE and HKEX [1] Financial Outlook - Ethan Wang from CLSA has set a price target of $55 for YUMC, indicating a potential increase of approximately 15.67% from the current trading price of $47.55 [2][6] - The current stock price reflects a slight decrease of 0.98%, with a market capitalization of around $17.15 billion [5] Strategic Initiatives - Yum China introduced its "RGM 3.0" strategy during the Investor Day on November 16, 2025, aiming for high-single-digit growth in operating profit and double-digit growth in diluted EPS and free cash flow per share over the next three years [3][6] - The company plans to significantly expand its store count to 20,000 by 2026 and over 30,000 by 2030, which is expected to drive sales and enhance profitability [4][6]
Hollister and Taco Bell Turn Y2K Nostalgia into the Season's Spiciest Drop
Globenewswire· 2025-11-24 13:00
Core Insights - Hollister Co. and Taco Bell are launching a limited-edition collaboration on December 1, 2025, featuring a Y2K-inspired capsule collection that combines Hollister's Feel Good Fleece with Taco Bell's branding [1][3][4] Product Details - The collection includes 11 apparel styles, such as retro-style hoodies, joggers, graphic tees, baggy denim, and cozy socks, all designed to reflect a nostalgic Y2K aesthetic [1][2][6] - Prices for the apparel range from $14.95 to $79.95, with sizes available from XS to XL [4] Marketing Strategy - The collaboration aims to resonate with youth culture, leveraging nostalgia while appealing to a new generation [3][4] - Taco Bell Rewards Members will have early access to the collection and a chance to win limited-edition sweatshirts through an in-app promotion [5][10]
MCD Stock Price Prediction: Where McDonald's Could Be by 2025, 2026, and 2030
Yahoo Finance· 2025-11-23 11:43
Core Insights - McDonald's holds a consensus Buy rating from 28 analysts with an average price target of 327 dollars, indicating a potential upside of approximately 19 percent from current levels [1][4] - The company reported a 3.8 percent year-over-year comparable sales growth in Q2, with revenue rising by 5 percent and maintaining a net profit margin of 33 percent [3][6] - Despite strong performance, inflation and reduced discretionary income are impacting lower- and middle-income consumers, which may affect future performance [2][10] Financial Performance - McDonald's achieved a 3.8 percent year-over-year comparable sales growth in Q2, outperforming the overall fast-food sector, which saw a 1.5 percent decline in foot traffic [3][6] - The company reported a revenue increase of 5 percent and sustained a high net profit margin of 33 percent, indicating strong operational efficiency [3][6] Market Position - McDonald's operates over 44,000 locations in more than 100 countries, maintaining a strong global brand presence in the fast-food industry [6] - The franchise-heavy business model supports high profit margins and predictable cash flow, even during periods of weaker consumer spending [6][9] Analyst Predictions - Analysts predict a moderate trading range for McDonald's stock in 2025, with bullish predictions at 328.49 dollars, average predictions at 317.43 dollars, and bearish predictions at 300.98 dollars [8][14] - Long-term projections for 2030 are optimistic, with predictions suggesting a bullish target of 437.15 dollars and an average target of 396.56 dollars [8][16] Consumer Trends - Lower- and middle-income consumers are reducing dining out, which could limit revenue growth in future quarters [2][10] - Younger customers are also cutting back on dining, indicating a shift in consumer behavior that may impact McDonald's performance [2][10]
Global Geopolitical Tensions Mount as UAE Boosts African AI Investment, US Pushes Ukraine Peace, and US Political Drama Unfolds
Stock Market News· 2025-11-22 13:38
Group 1: UAE AI Investment in Africa - The UAE is launching a $1 billion initiative to enhance AI infrastructure and projects across Africa, focusing on sectors like education, agriculture, healthcare, and digital identity [2][3] - This investment aims to provide access to AI computing power, technical expertise, and global partnerships, fostering a robust AI ecosystem in Africa [3] - Ghana has signed a $1 billion deal with the UAE to create a major innovation and technology hub, attracting global tech firms such as Microsoft, Meta, Oracle, IBM, and Alphabet [3] Group 2: California's Fast-Food Minimum Wage - California's $20 fast-food minimum wage has sparked debate over its economic impact, with mixed data on job losses and benefits for workers [9] - Some studies indicate a loss of 18,000 jobs in the fast-food sector since the wage increase in April 2024, while others report no measurable job losses and wage gains for workers [10] - Fast-food workers have reported improved financial stability, although some employers express concerns about profitability [10] Group 3: Japan's Security Concerns - Japan is on high alert for potential security crises, particularly regarding rising tensions with China over Taiwan [11] - The Japanese government views any military action by China against Taiwan as a significant threat, potentially prompting a defensive response [11] - The U.S. has reaffirmed its commitment to its alliance with Japan, including defense pledges concerning disputed islands in the East China Sea [12]
X @Forbes
Forbes· 2025-11-22 07:00
Industry Focus - The article explores billionaires who began their careers in the fast food industry [1] Business Insight - The content highlights the potential for upward mobility and wealth creation within the fast food sector [1]