Labour crunch and higher costs impact Domino’s Pizza Q2 results
The company’s quarterly net income declined from $116.6m in Q2 2021 to $102.4m in Q2 2022.
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Business & Regulation
Deliveroo cuts full-year revenue outlook as consumers trim spending
Deliveroo’s GTV growth slowed from 12%, recorded in the first three-month period of the year, to 2% in the second…
Chinese hot pot restaurant chain Haidilao to list overseas unit
After the proposed spin-off is completed, Super Hi will no longer be a subsidiary of Haidilao.
EU conducts antitrust inspections at Delivery Hero and Glovo premises
The European Commission is investigating if the companies breached competition laws.
India’s CCPA bans restaurants from levying default service charge
The guidelines state that service charges are completely voluntary and can only be added to a bill at the customer’s…
South Korea’s SPC Group buys French restaurant chain Lina’s
SPC Euro acquired a 100% stake in Lina's Developpement, the restaurant chain’s owner and operator.
Restaurant Brands International’s revenue rises in Q1 on strong demand
RBI’s revenue totalled $1.45bn in the first quarter of the year, which ended on 31 March.
Ruth’s Hospitality posts $104.19m revenue in Q3 2021
Ruth’s Hospitality Group develops and operates Ruth’s Chris Steak House restaurants.