Restaurants' Latest Quarterly Results Provide Clearer Picture of Covid-19 Impact

There were a couple of bright spots among major U.S. chains

Fast food and coffee chains reported their latest quarterly earnings this week—namely McDonald’s, Yum Brands, Restaurant Brands International, Starbucks, and Dunkin’—providing a clearer picture of the repercussions the coronavirus pandemic has had on the industry.

Notably, same-store sales at several chains that broke out numbers for when stay-at-home orders began to be issued largely fell between 25% and 35%.

Bucking the prevailing trend, however, were Domino’s Pizza and Restaurant Brands International’s Popeyes.

The chicken chain’s same-store sales grew a mouthwatering 26% during the overall quarter, as the allure of its chicken

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