Latest news with #quick-service
Yahoo
2 days ago
- Business
- Yahoo
Whataburger names former Flynn Group executive Jessica Reicher as COO
You can find original article here Nrn. Subscribe to our free daily Nrn newsletter. Whataburger, the San Antonio, Texas-based quick-service chain, has named Jessica Reicher, a former Flynn Group executive, as the brand's new chief operating officer, replacing Debbie Stroud, who was promoted to CEO at the start of 2025. Before joining Whataburger, Reicher served as president of Arby's at the franchise group, which also operates Pizza Hut, Applebee's, Taco Bell, Panera, and more. Reicher has also served as chief operating officer of Nando's Peri-Peri, and held multiple leadership roles at Yum Brands, Fuddruckers, and Red Robin throughout her three-decade career in foodservice. "Jessica's proven experience and positive impact on workplace culture make her an ideal fit for our brand as we continue to expand," Stroud said in a statement. " As COO, she will sharpen our operational excellence, enhance the Whataburger guest experience at every touchpoint, and invest in developing our family members (employees).' Reicher will be joining Whataburger during the brand's 75th anniversary year, starting on Sept. 16. She will lead all corporate and franchise restaurant operations and restaurant services, as well as oversee Whataburger's operational strategy and team development. 'Having lived in Texas, I've long admired Whataburger's iconic presence and passionate following,' Reicher said in a statement. 'It's a brand that stands for quality, care, and community — and I'm excited to help carry that legacy forward with our teams across the country.' Reicher is joining Whataburger's 'She-Suite,' which now includes five female leaders, and was featured as part of NRN's Power List this year. Contact Joanna at
Yahoo
3 days ago
- Business
- Yahoo
McDonald's Stock Outlook: Is Wall Street Bullish or Bearish?
Valued at a market cap of $217.2 billion, McDonald's Corporation (MCD) is a global leader in the quick-service restaurant industry. The company operates and franchises restaurants under the McDonald's brand, offering a variety of food and beverages across the U.S. and international markets. Shares of the Chicago, Illinois-based company have underperformed the broader market over the past 52 weeks. MCD stock has returned 13.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 19.3%. Moreover, shares of McDonald's are up nearly 5% on a YTD basis, compared to SPX's 8.4% gain. More News from Barchart This High-Yield (7%) Dividend Stock Is Down Significantly in 2025. Should You Buy the Dip? Dear CoreWeave Stock Fans, Mark Your Calendars for August 14 Tesla Is Axing Its Dojo Supercomputer Plans. What Does That Mean for TSLA Stock Here? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Focusing more closely, the fast-food giant stock has also lagged behind the Consumer Discretionary Select Sector SPDR Fund's (XLY) 28.7% increase over the past 52 weeks. McDonald's shares rose nearly 3% on Aug. 6 after Q2 2025 results beat expectations, with adjusted EPS of $3.19 and revenue of $6.8 billion. Global same-store sales grew 3.8%, above the expected, driven by strong demand in the U.S. and international markets, along with a 5.6% jump in its developmental licensed segment. Affordable meal bundles, promotions like the $5 meal deal and 'Minecraft' Happy Meals, and new menu items such as McCrispy Chicken Strips helped attract budget-conscious diners and boost traffic. For the fiscal year ending in December 2025, analysts expect MCD's EPS to grow 5.2% year-over-year to $12.33. The company's earnings surprise history is promising. It beat or met the consensus estimates in the last four quarters. Among the 33 analysts covering the stock, the consensus rating is a 'Moderate Buy.' That's based on 14 'Strong Buy' ratings, one 'Moderate Buy,' 17 'Holds,' and one 'Strong Sell.' This configuration is less bullish than three months ago, with 17 'Strong Buy' ratings on the stock. On Aug. 7, Piper Sandler raised its price target on McDonald's to $325 with a 'Neutral" rating, citing solid quarterly results and management's reaffirmed outlook for accelerating U.S. sales in the year's second half. As of writing, the stock is trading below the mean price target of $337.07. The Street-high price target of $373 implies a potential upside of 22.6% from the current price levels. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
