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Fast-food companies seeing low-income diners pare orders

FOCUS-Fast-food companies seeing low-income diners pare orders By Waylon Cunningham SAN ANTONIO, Texas March 27 (Reuters) - Runaway prices at U.S. fast-food joints and restaurants have made people skittish down the income ladder and executives at chains including McDonald's MCD.N and Wendy’s WEN.O recently said they worry about losing business from those on the tightest budgets.
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Shake Shack names Papa John's chief as its CEO

Shake Shack names Papa John's chief as its CEO March 21 (Reuters) - Shake Shack SHAK.N said on Thursday it has named Papa John's International's CEO Rob Lynch as its chief, succeeding Randy Garutti, who is retiring after spending more than two decades at the burger chain. Garutti, who steered the company through its initial public offering in 2015, would transition to an adviser through the end of this year, Shake Shack said.
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Wendy's, burned by CEO comment, vows no price surges for burgers

UPDATE 3-Wendy's, burned by CEO comment, vows no price surges for burgers New throughout, updates share price and adds background By Waylon Cunningham and Deborah Mary Sophia DALLAS, Feb 28 (Reuters) - Wendy's WEN.O said on Wednesday it has no plans to raise menu prices at times of peak demand, after the burger chain was scorched on social media sites for comments its CEO made earlier this month suggesting the chain may start testing "dynamic pricing." CEO Kirk Tanner told investors on a call th
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Wendy's will not implement surge pricing as CEO comment causes online stir

Wendy's will not implement surge pricing as CEO comment causes online stir Feb 28 (Reuters) - Wendy's has no plans to raise prices of its menu items during peak demand, the company said on Wednesday, days after CEO Kirk Tanner said the burger chain would start testing "dynamic pricing" at its restaurants starting as early as 2025. Tanner earlier this month said Wendy's was going to start testing features including "dynamic pricing and daypart offerings, along with AI-enabled menu changes and sug
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U.S. Home Depot, Palo Alto Networks, Wendy's

U.S. RESEARCH ROUNDUP-Home Depot, Palo Alto Networks, Wendy's Feb 21 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Home Depot, Palo Alto Networks and Wendys, on Wednesday. HIGHLIGHTS * Discover Financial Services DFS.N : RBC cuts to sector perform from outperform * Fathom Digital Manufacturing Corp FATH.N : Needham cuts to hold from buy * Home Depot Inc HD.N : HSBC cuts to reduce from hold * Palo Alto Networks Inc
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