Amelia lucas cnbc

Amelia Lucas is a reporter at CNBC, specializing in covering restaurants and the food and beverage industry. Amelia's articles provide insights into industry trends, business strategies, and the latest developments in the food and beverage sector. Preston is the artificial intelligence that powers the Intelligent Relations PR platform, amelia lucas cnbc. Meet Preston.

Skip Navigation. Investing Club. Amelia Lucas Restaurant Reporter. Yum China CEO says consumers are growing more 'rational' as rising costs cut dining budgets. Amelia Lucas March 1, Starbucks extends past pay hike to union workers as it thaws relationship with Workers United. Amelia Lucas February 27,

Amelia lucas cnbc

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Yum Brands disappoints as Middle East conflict weighs on sales growth.

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Coca-Cola announced on Friday a workforce restructuring plan that will include voluntary job cuts. The stock has fallen 12 percent this year. Coke said it will offer voluntary layoff packages to employees who qualify, starting with about 4, workers in the U. The voluntary buyouts are expected to limit the number of involuntary job cuts that will follow. Coke had roughly 86, employees worldwide as of Dec. On the operations side, nine new divisions will replace 17 business units and will focus on scaling new products faster and eliminating the duplication of resources. The coronavirus pandemic led its second-quarter earnings to fall 33 percent , but CEO James Quincey, who has led the company since , has said it is trying to emerge from the crisis stronger than before. The company plans to build new operating units focused on the regional and local level that will work closely with five global marketing leadership teams, divided up by category. The beverage categories include its namesake soda brand; sparkling flavors; hydration, sports, coffee and tea; nutrition, juice, milk and plant; and emerging categories. IE 11 is not supported.

Amelia lucas cnbc

For more than a century, frosted cornflakes have been the backbone of Kellogg's business. That changes Monday, when the company will spin off its stable cereal business in favor of its faster-growing snack unit and rename itself Kellanova. The spinoff comes weeks after another wager that consumers will graze between meals, when J.

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Amelia Lucas March 1, Aneurin Canham-Clyne. Yum Brands on Wednesday reported quarterly earnings and revenue that missed analysts' expectations as KFC, Taco Bell and Pizza Hut all reported weaker-than-expected sales. Telemundo San Antonio Starbucks is expected to report its fiscal first-quarter earnings after the bell on Tuesday. Restaurant Brands earnings beat estimates, fueled by strong Tim Hortons sales. Investing Club. Pitching Insights. Here's what to expect. Themes Covered:. McDonald's and Starbucks blame the Israel-Hamas war for slower sales — and the recovery might take a while. Tonya Garcia. Amelia Lucas February 7,

Skip Navigation. Investing Club. Amelia Lucas Restaurant Reporter.

She heavily relies on data and press releases for her articles, indicating a preference for fact-based information directly from primary sources. PepsiCo earnings top estimates, but quarterly revenue slides for the first time in nearly four years. Amelia Lucas February 21, Coca-Cola CEO says inflation is moderating in most markets after higher prices boost revenue. Improve this profile. Skip Navigation. Meet Preston. Get in Touch. Themes Covered:. McDonald's and Starbucks blame the Israel-Hamas war for slower sales — and the recovery might take a while.