Legal

Chagee revenue rises but net income falls sharply in Q1 2026

The chain is succeeding in its overseas expansion, but hometown GMV declined.
4 days ago

Guzman y Gomez announces US market exit

The group said it expects a one-off P&L impact of between $42.02m and $56.02m in its 2026 full-year results.

Tortilla flags £2.5m accounting irregularity in French business

The brand is also restructuring its business in France.

Talabat net profit drops 18% YoY in Q1 2026

Adjusted EBITDA fell 9% to $130m, or 4.8% of GMV.

Greggs sales hit £800m after 7.5% rise in first 19 weeks

The company said expanding franchise and grocery partnerships boosted sales.

Burger King UK lifts sales 6.8% to £379.9m in FY2025

The increase was mainly driven by higher home delivery volumes.

Inspire Brands enters IPO pipeline with confidential SEC filing

The company did not disclose the number of shares to be sold or the expected price range.

McDonald’s UK sales rise 7.8% in Q1 2026

Growth was driven by a stronger focus on customer demand and faster execution by staff.

Collins Foods completes transition of 20 Taco Bell restaurants

The company said it is on schedule to complete the transfer.

Americana Restaurants sees 6.7% lift in like-for-like sales in Q1

Net profit nearly doubled, rising 93.5% year-on-year (YoY) to $63.2m.

Wingstop’s system-wide sales up 5.9% YoY to $1.4b in Q1

Revenue for the quarter rose 7.4% to $183.7m.

Franco Manca secures CVA approval for major restructuring plan

This allows the company to invest in its remaining restaurants and explore future growth.

KFC UK system sales rise 9% in Q1

The company said KFC’s performance is expected to remain solid into Q2.