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Financial News News & Media

Papa Johns lowers 2026 outlook, launches Unbox Better transformation strategy

by Valerie Gritton — Editor, Pizza Marketplace

Papa Johns lowered its 2026 financial outlook amid continued sales and earnings declines. The company also launched its Unbox Better transformation strategy to…

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Amazon, Uber Eats partner to offer Prime members $0 delivery fees

November 5, 2026

Amazon and Uber have teamed up to bring restaur, the companies announced in a press release. The partnership comes on the heels of Uber's purchase of ezCater…

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5 takeaways: Yum! Brands looks to loyalty, beverages, tech to fuel growth

by Valerie Gritton — Editor, Pizza Marketplace

Following its Pizza Hut divestiture, the company is sharpening its focus on KFC, Taco Bell and Habit Burger & Grill while investing in menu innovation, digital…

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Yum China sets record for restaurant openings as profits climb

by Valerie Gritton — Editor, Pizza Marketplace

November 3, 2026

Yum China is accelerating its restaurant expansion across China, reporting higher revenue and operating profit for the third quarter as it works to capture…

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Russo’s Pizza cuts franchise fee in half for Texas multi-unit developers

November 2, 2026

Russo's New York Pizzeria & Italian Kitchen is offering a 50% discount on initial franchise fees for developers who commit to opening at least three Texas…

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FTC, states sue Toast over alleged hidden fees, subscription traps

by Valerie Gritton — Editor, Pizza Marketplace

October 29, 2026

The Federal Trade Commission and a coalition of state and local officials have sued restaurant technology provider Toast, alleging the company charged…

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DoorDash to acquire Instacart in $17B deal as Q3 revenue climbs 34%

by Valerie Gritton — Editor, Pizza Marketplace

October 29, 2026

The $17B deal comes on the heels of DoorDash's record-breaking Q3 results.

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Papa John’s CEO, former CFO named in securities class action

October 29, 2026

Papa John's International CEO Todd Penegor and former CFO Ravi Thanawala have been named as individual defendants in a securities class action alleging the…

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Data: QSRs account for 45% of pizza spend

October 21, 2026

As restaurants roll out promotions for National Pizza Month, competition for America's $37B pizza market extends well beyond traditional pizza chains. Newly…

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Restaurant food costs face uneven pressure in 2027 as inflation accelerates

by Valerie Gritton — Editor, Pizza Marketplace

Rising gasoline prices are adding to inflationary pressures, while ArrowStream forecasts sharply different commodity costs across restaurant segments, with…

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Domino's same-store sales post modest gain

by Valerie Gritton — Editor, Pizza Marketplace

October 13, 2026

Domino's Pizza Inc. reported a 9.2% increase in net income to $152.2 million for its third quarter of 2026, as operating income rose 8.3% and diluted earnings…

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Bertucci’s shrinks to 11 restaurants after latest closure

October 7, 2026

Bertucci's has closed its Springfield, Virginia, restaurant, ending its presence in the Washington area and leaving 11 locations in Massachusetts, Delaware and…

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Happy Joe's acquired by Quad City investment group

October 1, 2026

A group of Quad Cities investors has acquired Happy Joe's Pizza & Ice Cream, including the brand's franchising company and three company-owned restaurants…

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Domino’s franchisee closes 13 Ohio locations

September 14, 2026

A Domino's franchisee has abruptly closed 13 restaurants in Northern Ohio amid reports of financial difficulties, adding to a wave of pizza restaurant closures…

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Yum! Brands completes U.S. sale of Pizza Hut

September 2, 2026

Yum! Brands has announced in a press release the completion of its sale of Pizza Hut, excluding Mainland China, to LongRange Capital. The sale, for…

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Yum Brands posts strong Q2, Pizza Hut sale set for August completion

July 30, 2026

Yum! Brands posted strong Q2 2026 results as the company continues with the sale of its Pizza Hut chain.

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Domino's attributes Q2 growth to delivery, takeout businesses

by Valerie Gritton — Editor, Pizza Marketplace

July 20, 2026

Domino's Inc. has reported a Q2 global sales increase of 3%, according to a company press release. U.S. same-store sales increased 0.1% while international…

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MTY Food Group set to close Papa Murphy’s locations, focus on profitability

July 13, 2026

MTY Food Group has started the process of closing up to 50 underperforming Papa Murphy's locations, choosing to focus instead on healthier, more profitable…

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Yum sells Pizza Hut operations to private equity firm

June 16, 2026

Yum CEO Chris Turner described Pizza Hut as one of the restaurant industry's most recognizable brands and said the company believes LongRange is…

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Papa Johns maintains 2026 outlook despite 6.4% North America sales drop

May 8, 2026

Papa John's International Inc. reported a decline in first-quarter profit and North American sales this week, as the pizza chain struggled with a cautious…

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