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From Starbucks to Smoothie King, restaurants seek to cash in on consumers’ protein frenzy

From Starbucks to Smoothie King, restaurants seek to cash in on consumers’ protein frenzy

Starbucks Protein Drink Courtesy: Starbucks Restaurant chains are joining in on the protein frenzy, hoping to encourage diners to pay more for extra macronutrients during a time when many consumers aren’t spending as much. From “gym bros” to users of GLP-1 drugs like Ozempic, many Americans are trying to add more protein to their diets, […]

From Starbucks to Smoothie King, restaurants seek to cash in on consumers’ protein frenzy Read More »

Crocs CEO says consumer environment is ‘concerning,’ will reduce orders in the second half

Crocs CEO says consumer environment is ‘concerning,’ will reduce orders in the second half

Inside a Crocs store at Queens Center in New York. Ryan Baker | CNBC Casual footwear company Crocs plans to reduce orders for the second half of the year amid what its CEO called a “concerning” environment for the consumer. “We see the U.S. consumer behaving cautiously around discretionary spending. They are faced with current

Crocs CEO says consumer environment is ‘concerning,’ will reduce orders in the second half Read More »

Dodge unveils additions to 2026 muscle car lineup: ‘It’s about choice’

Dodge unveils additions to 2026 muscle car lineup: ‘It’s about choice’

2026 Dodge Durango SRT Hellcat Jailbreak in Green Machine (front). A Jailbreak Custom Color program will allow select Dodge customers to paint their Durango SRT Hellcat Jailbreak in nearly any color imaginable, including Stryker Purple (shown at rear). Courtesy: Dodge Stellantis subsidiary Dodge announced two new muscle cars on Friday, flexing its 2026 model year

Dodge unveils additions to 2026 muscle car lineup: ‘It’s about choice’ Read More »

Sweetgreen shares drop 25% after salad chain cuts outlook for the second time in two quarters

Sweetgreen shares drop 25% after salad chain cuts outlook for the second time in two quarters

People walk past a Sweetgreen restaurant in Manhattan. Jeenah Moon | The Washington Post | Getty Images Sweetgreen shares dropped more than 25% on Friday after the salad chain cut its 2025 outlook for the second quarter in a row, citing issues with its loyalty program, weak consumer sentiment, tariff headwinds and store challenges. For

Sweetgreen shares drop 25% after salad chain cuts outlook for the second time in two quarters Read More »

Family office deal-making slides with some bright spots in Europe

Family office deal-making slides with some bright spots in Europe

Key Points Private investment firms of the ultra-rich made 60% fewer direct investments in July compared to the same period last year, according to Fintrx. Rattled by tariff uncertainty, some family offices have been investing more overseas, especially in European startups. Infinitas Capital’s Robin Lauber told CNBC why the Swiss family office is optimistic despite

Family office deal-making slides with some bright spots in Europe Read More »

Flutter tops second-quarter earnings expectations, raises full-year guidance

Flutter tops second-quarter earnings expectations, raises full-year guidance

Online sports betting giant Flutter reported second-quarter earnings that beat Wall Street expectations Thursday. The company reported adjusted earnings of $2.95 per share versus an estimated $2.08, according to a survey of analysts by LSEG. Revenue came in slightly higher than expectations at $4.19 billion against consensus expectations of $4.13 billion. Flutter owns the dominant

Flutter tops second-quarter earnings expectations, raises full-year guidance Read More »

Warner Bros. Discovery film studios lift second-quarter results

Warner Bros. Discovery film studios lift second-quarter results

Warner Bros. Discovery’s earnings got a boost from its film studios after a handful of box-office hits during the second quarter. The period from April though June saw the releases of “A Minecraft Movie,” “Sinners,” “Final Destination: Bloodlines” and “F1,” which together generated $2 billion in the global box office to date, the company said

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Craveworthy Brands becomes managing partner of Gregorys Coffee

Craveworthy Brands becomes managing partner of Gregorys Coffee

Gregorys Coffee was founded in 2006 and has more than 50 locations. Source: Gregorys Coffee Craveworthy Brands is now investor and managing partner of Gregorys Coffee, a New York City-based coffee chain with dreams of a nationwide footprint. The two companies announced the deal on Thursday. Financial terms were not disclosed. Craveworthy Brands, a fast-growing

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Restaurant Brands earnings miss estimates, but international division shines

Restaurant Brands earnings miss estimates, but international division shines

A Burger King restaurant with the slogan ”Flame Grilling Since 1954” is seen in Vienna, Austria, on June 7, 2025. Michael Nguyen | NurPhoto | Getty Images Restaurant Brands International on Thursday reported mixed quarterly results, as same-store sales declines for Popeyes were offset by strong demand internationally and at Tim Hortons. Here’s what the

Restaurant Brands earnings miss estimates, but international division shines Read More »

Eli Lilly hikes 2025 outlook, tops quarterly estimates as Mounjaro, Zepbound sales soar

Eli Lilly hikes 2025 outlook, tops quarterly estimates as Mounjaro, Zepbound sales soar

The Eli Lilly logo is shown on one of the company’s offices in San Diego, California, on Sept. 17, 2020. Mike Blake | Reuters Eli Lilly on Thursday hiked its 2025 guidance and posted second-quarter earnings that topped estimates on strong demand for its blockbuster weight loss and diabetes drugs. The company raised its fiscal 2025

Eli Lilly hikes 2025 outlook, tops quarterly estimates as Mounjaro, Zepbound sales soar Read More »

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