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Restaurants warn of weak first quarter, but say sales will pick up later this year

Summary by CNBC

Freezing temperatures, wildfires and a still-cautious consumer led to lower sales in January.

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Restaurants warn of weak first quarter, but say sales will pick up later this year

Freezing temperatures, wildfires and a still-cautious consumer led to lower sales in January.

2 months ago·United States

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Daily News Update

Restaurants warn of weak first quarter, but say sales will pick up later this year - Daily news Update

A McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images In like a lion, out like a lamb. That’s how restaurant executives envision 2025 after a rough start to the year, largely caused by freezing temperatures, wildfires and consumer caution. Many restaurant chains, like Restaurant Brands’ Burger King and Popeyes, said sales improved in the fourth quarter as value offerings brought back …

2 months ago

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