Profit margins during the period were also affected by operating pressures, including inflation, rising labor costs, and supply chain disruptions.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by 17.9% to US$274.9 million, highlighting strong unit economics and effective operational leverage.
This sale marks the initial step in McDonald’s broader strategy to gradually sell off all 23 of its retail properties in Hong Kong, valued at nearly HK$3 billion (US$127.4 million).
Domino’s stronger Q2 results highlight its continued strategic emphasis on growing digital ordering and delivery channels, refining its menu, and expanding its footprint in competitive markets.
With more than 20 years of experience in franchising and quick service restaurant (QSR) leadership, Fitzpatrick is well-equipped to strengthen Subway’s operations and sharpen its competitive position in a changing market.
The company’s design team developed Domidog to travel over sand and deter opportunistic birds, ensuring pizzas reach customers safely and without interruption.
North Sun Energy will introduce Little Caesars’ popular items at 18 of its gas stations and convenience stores, providing fresh, branded meals for customers on the go.
Swijtink will take over from Michèle Boudria, who is retiring after an impressive 40-year career at McDonald’s, during which she held multiple leadership roles both in Canada and globally.
In Italy, Wendy’s is partnering with Your Food S.R.L. to develop 170 restaurants in a nationwide rollout extending through 2035.
For the first half of 2025, MTY Food Group’s net income increased by 32.4%, rising to CA$59.03 million (US$43.2 million) from CA$44.58 million (US$32.6 million) reported in the same period of 2024.