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Howard Schultz
Howard Schultz spent more than two decades leading Starbucks.
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A ShackMeister with bacon from Shake Shack
Overall, Shake Shack's menu prices went up in the mid-single digits in the quarter, its CFO said.
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The Wall Street bull about to eat a Red Lobster logo
Sure, Endless Shrimp turned out to be a horrible idea, but the problems at Red Lobster are much deeper than one bad promotion.
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A customer orders food in a Chipotle in Austin, Texas in April 2023
"Many of our guests did not know that barbacoa was braised beef," CEO Brian Niccol told analysts.
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Photo of hands holding a hot dog and fries covered in ketchup. Some ketchup is on the table
A combination of wage and labor inflation pushed fast-food prices up during the pandemic.
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Mims, Florida, McDonald's Fast food restaurant inside cashier and checkout counter, 2023
The $20 minimum wage for fast-food workers came into effect on April 1.