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DoorDash Names Tim Castree Chief Marketing Officer as Growth Momentum Continues into 2026
DoorDash has named Tim Castree as its new chief marketing officer, adding a seasoned global marketing executive to its leadership team as the company continues to scale its platform and expand how customers engage with the brand.
“We’re thrilled to welcome Tim Castree to DoorDash as our new Chief Marketing Officer,” said Prabir Adarkar, president and COO of DoorDash. He described Castree as “a deeply customer-obsessed, naturally curious leader” who brings “a rare intellectual rigor to every dimension of marketing, from performance...
BJ’s Wholesale Club Posts Solid First Quarter, Expands Footprint With New Clubs
BJ’s Wholesale Club reported strong first-quarter fiscal 2026 results, driven by gains in membership, fuel and digital sales as the retailer continued expanding its footprint across the U.S.
The company said comparable club sales increased 6.3% year over year for the thirteen weeks ended May 2, 2026. Excluding gasoline sales, comparable sales rose 1.5%. Membership fee income climbed 9.9% to $132.4 million, while digitally enabled comparable sales grew 28%, contributing to a two-year stacked comp...
Wendy’s Q1 Sales Slip 5.5% as International Growth and China Expansion Signal Turnaround
Wendy’s reported a softer first quarter as global systemwide sales fell 5.5% to $3.2 billion, pressured by weaker US same-restaurant sales, even as its international business continued to grow.
The burger chain posted reported net income of $22.7 million, adjusted EBITDA of $111.3 million and diluted earnings per share of $0.12.
Ken Cook, Interim CEO said the quarter reflected “a business in the early stages of a turnaround,” but said it is seeing progress in its...
Dine Brands Starts 2026 With Higher Revenue and Steady Sales Growth at Applebee’s and IHOP
Dine Brands Global kicked off fiscal 2026 with higher revenue and improved comparable sales at Applebee’s, while holding the line on guidance for the full year as it continues to invest in dual-branded development and company-owned restaurants.
The parent of Applebee’s Neighborhood Grill + Bar, IHOP and Fuzzy’s Taco Shop reported first-quarter revenue of $225.2 million, up from $214.8 million a year earlier. The increase was mainly tied to higher sales from company-owned restaurants...
Instacart Hits Milestone Quarter With Record Sales and Rising Profits
Instacart topped $10 billion in quarterly gross transaction value for the first time in the first quarter, as order growth and advertising gains helped lift revenue and profit.
The grocery technology company reported first-quarter GTV of $10.29 billion, up 13% from a year earlier, with orders rising 10% to 91.2 million. Total revenue increased 14% to $1.02 billion, including $733 million in transaction revenue and $286 million in advertising and other revenue, which rose 16%.
GAAP net income...
RBI Delivers Solid Q1 with Rising Sales and Earnings
Restaurant Brands International posted a strong first quarter of 2026, driven by steady sales growth and improved operating performance, according to its official PR Newswire release.
The company reported that consolidated system-wide sales grew 6.2% year-over-year, with international markets standing out at 11.1% growth, highlighting continued global demand.
Momentum at the store level also improved, as comparable sales accelerated to 3.2%, including gains of 5.8% at Burger King US and 5.7% internationally.
Revenue and profitability both increased compared to last year. Total revenues...
Publix Q1 Sales Rise 2%, While Earnings Fall on Drug Pricing Impact
Publix posted higher first-quarter sales but lower earnings, as the grocer said a Medicare drug pricing change weighed on results.
For the three months ended March 28, 2026, Publix reported sales of $16.1 billion, up 2% from $15.8 billion a year earlier. Comparable-store sales were flat.
The company said the sales increase was dampened by the Medicare maximum fair price change that took effect Jan. 1, 2026, lowering prices for 10 drugs and reducing...
Chipotle Q1 Revenue Rises, but Margin Pressure Weighs on Earnings
Chipotle reported mixed first-quarter 2026 results, with steady revenue growth but declining profitability as higher costs weighed on margins.
Revenue rose 7.4% year over year to $3.1 billion, while comparable restaurant sales increased just 0.5%, reflecting a 0.6% gain in transactions and a slight 0.1% dip in average check. Digital sales remained a significant contributor, accounting for 38.6% of food and beverage revenue. The company opened 49 new company-owned locations during the quarter, most of which included a Chipotlane.
Margins, however...
Yum! Brands Opens More Than 1,000 Units in Strong Start to Fiscal 2026
Yum! Brands reported a strong start to fiscal 2026, with first-quarter worldwide system sales up 6% excluding foreign currency translation and unit count rising 5%, including 1,030 gross new units.
CEO Chris Turner said, "We delivered solid topline momentum to start the year, with our fundamentals as strong as ever."
Parent company of QSR giants like KFC and Taco Bell, the company reported a 17% increase in GAAP operating profits, while core operating profit rose 6%...
Wingstop Revenue Rises, But Same-store Sales and Restructuring Costs Weigh on Results
Wingstop reported higher first-quarter 2026 revenue, but softer same-store sales and restructuring costs weighed on results as consumer spending remained under pressure.
Total revenue rose to $183.7 million from $171.1 million a year earlier, driven largely by franchise growth, higher vendor rebates and gains from additional company-owned stores.
Royalty revenue, franchise fees and other revenue increased by $8.7 million, including a $12.2 million boost from net new franchise development and $3.4 million from higher...
Tyson Foods Delivers Chicken Sales Growth Amid Higher Prices in Q1
Tyson Foods has reported a solid start to fiscal 2026, posting first-quarter sales of $14.313 billion, up 5.1% year-over-year YOY , driven by gains across most of its core protein segments.
The company, whose portfolio includes brands such as Tyson, Jimmy Dean, Hillshire Farm and Ball Park, said performance reflected strong execution, particularly in Prepared Foods and Chicken. Gross profit totaled $808 million for the quarter.
"Our first quarter results reflect solid execution across our...
UNFI Reports Solid Start to Fiscal 2026
United Natural Foods (UNFI) has reported the results of its financial performance for the first quarter of its 2026 fiscal year.
"We started fiscal 2026 with another quarter of solid execution and continued progress in delivering more value to our customers and suppliers as we strengthen effectiveness and efficiency. Our network optimization is proceeding ahead of schedule, and the benefits of recent supply chain investments, coupled with process improvements, is enabling us to strengthen service levels and increase throughput. This helped us deliver Adjusted EBITDA growth of nearly 25%...
Expansion and Menu Innovations Lead in Foodservice this Week
This week, Expana gathered a collection of headline-worthy news, showcasing the vibrant and constantly evolving world of foodservice. From strategic expansions to culinary innovations, these stories underscore the dynamic nature of the industry and its unwavering momentum.
International Expansion on the Horizon for TGI Fridays
TGI Fridays is gearing up for significant international growth, announcing two master franchise agreements today. In India, USR Hospitality (USR) will develop 51 new locations, while Mid-City Operadora Sapi de CV (MCO_Mexico) is set to open 50 new outlets in...
Sysco Posts Mixed Q1 Results, Reiterates Full-Year Guidance
Today, Sysco Corp. posted mixed results in the first quarter of fiscal 2026. Its report showed an increase in sales while several GAAP profitability measures slipped and adjusted results improved.
For the 13 weeks ended Sept. 27, 2025, sales increased 3.2% to $21.1 billion. Gross profit rose 3.9% to $3.9 billion and gross margin widened 13 basis points to 18.5%. Sysco said product cost inflation was about 3.4%, driven largely by meat and seafood.
GAAP operating income fell 1.0% to $800 million, while adjusted operating...
Domino's Launches Weeklong Carryout Special
Domino’s is starting the month with a new promotion: from June 2–8, customers can carry out large two-topping pizzas for just $6.99 each.
This weeklong carryout special applies to any large pizza with two toppings, including specialty crusts like Hand Tossed, Crunchy Thin, and New York Style. For an additional $3, customers can upgrade to Domino’s new Parmesan Stuffed Crust pizza.
The promotion comes as Domino’s ramps up rewards and deals to boost consumer demand.
The company reported a 0.5% decline...
FEATURED STORIES
ANALYSIS: China's April 2026 Beef Imports Slump 13.5% MOM Despite Safeguard Rush
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ANALYSIS: Thailand’s Chicken Industry Faces Slower Growth Amid Weakening Export Demand
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ANALYSIS: Boneless Beef Lean-Adjusted Price Comparison