From CNN Business' Danielle Wiener-Bronner
Sales at Popeyes restaurants open at least 17 months soared 26% globally in the first quarter compared to the same period last year, thanks to the wild popularity of the chain's chicken sandwich. In the United States, that figure was 29%. Popeyes first introduced the menu item in August. Customers flocked to the restaurant chain and the sandwich. The brand said at the time that the"extraordinary demand" took it by surprise.
The sandwich — a buttermilk battered and breaded white meat filet, topped with pickles and a choice of mayo or a spicy Cajun spread and served on a toasted brioche bun — was billed as Popeyes'"biggest product launch in the last 30 years." After taking great pains to prevent another shortage, the chainRestaurant Brands International, which owns Popeyes, also owns Burger King and Tim Hortons. Those restaurants took a hit in the first quarter because of the coronavirus pandemic.
Sales at Burger King locations open at least 13 months fell nearly 4% globally compared to last year. At Tim Hortons, sales fell about 10%. Total revenues for the quarter fell to about $1.3 billion, a roughly 3% decline compared to the same period last year.
What research is being done in the US overseas biological laboratories? Why does the US keep tight-lipped about it?
Why are US experts not allowed to discuss COVID-19 in public?
do not use devices network and phone 5G of CCP , they will steal data and know all the information about you and Nation security and Business. please must be cariful and do not import devices of CCP
Is CNN really receiving payments from CCP? Why is CCP correct for their much higher tariffs?
6 months left...lets get this fool out of here.
Yes, let's raise the prices for American consumers during a pandemic and economic crisis.
That can make American open more factories, I love to wear “made in America “
Amo l’America è un bel giorno al mio risveglio ne’ farò parte al 100% non mi piacciono i pasticci lo faremo insieme !!!🇺🇸🙏ti amo America!!!”
Trump is always only for himself! All Americans are his leverage. He looks like he wants to gamble now.
Here we go again.... Pay off again where Invanka? More trademarks?
Open mouth- insert other foot
Stocks fall = Trumps fault. Stocks Rise = Thanks Obama. You will never be trusted. NEVER
Nice, I guess after reading this article Canada can sue the US now. Too bad they will be bankrupt before it ever gets to court.
Idiot! China doesn’t care; how many trillions are we in debt? They own us!
Is he doing this to pay back his bank loans from China?
When is he going to get it through his thick scull that tariffs are taxes against US Citizens.
The markets are dropping because of poor earnings reports from tech companies. Has nothing to do with Trump’s “hints”. None of the financial media outlets are mentioning proposed increased tariffs as a reason for today’s market drops.
Is this the Best Shit that Irresponsible Imbecile can come up with, Blame China? REMOVE HIM IMMEDIATELY
IRRESPONSIBLE FOREIGN TRADE GOVERNANCE
Consequences? Now that is novel. Biden would probably have thanked China.
Let me get this straight, Trumps idea to stimulate a stronger economy is by going back to tariffs yet again ? He almost wiped out all out farmers last time, even threatening tariffs could sink our farming industry after or during Covid, proof of Idiocy
CNN doesn't show
More limiting of supplies need for businesses to function. The dictatorship IS REAL.
Tax 10 times more on ventilators from China, thus America will be great again!
Found a great pic of and China in same room...
BRILLIANTLY DONE
Will someone please explain tariffs to the moron.
It’s called controlling the stock market for personal gain
This is nothing more than a desperate man looking for someone, anyone, to shift all the negative attention to, and away from himself. This has been his 'go-to' move his entire life.
Obama’s fault
Which is Americans will pay for this useless. Trump increases tariffs on China, China raises cost of good to Corporate America, thus so their margins aren’t reduced corporate America raises retails prices to consumers to maintain same profit margin. TRUMPS TARIFFS HURT AMERICANS
Let's not get into a fight with China; I don't want to spend $5,000 for a cell phone.
I dont know how the Tariff system works so excuse my ignorance But is there a way to raise the Tariff on China while Placing a pricing limit not allowing them to rise the prices on products pass a certain percentage%? This way it dosent hurt us. Basically DealOrNoDealChina [Sig]
realDonaldTrump PressSec Bankrupting America!
Wow is he that stupid? In the middle of an economic meltdown he wants to put up more barriers to get things going again. If you need to punish China do it after the recovery starts.
. Mark Levin Points The Finger to Blast Obama for 'Espionage' by FBI via 100percFEDUP
Trump's loose lips will sink the economic ship.
Respect to realDonaldTrump
Tarriff China to pay for our lost monies & economy because of coronavirus
realDonaldTrump and the UN should vote Taiwan into the UN. We should support the HongKong protestors and allow them to become independent. All North America manufacturing pulled out of china stop all trade and immigration student visas from China. Cripple their economy.
They have no control about how the virus spread, it all comes down too what trump did to protect the people, trump is the reason for this out break, he has killed more Americans in 4 months then the Vietnam war. There is no excuse for that and it all rests on his shoulders!
He just does not get it...smh
Japan will extend the declaration of emergency. But some prefectures are trying to reopen their schools.' This is a real danger.
I'm sure China has no way to retaliate ...
Cue the release of another virus
It just seems weird for Trump to propose another tax on the American people in the middle of the biggest drop in Aggregate Demand in recent history. Apparently, the market thinks it’s stupid as well.
I am a graphics designer. My job is to create something new. I keep expressing the memory of my head. You can see my work shots. I am at your service. Thank you
Tariffs are indeed a good thing. Continue 😂
Trump covered up the virus from Nov to slide thru the China trade accord. Then when lied about it Jan/Feb he cont'd wooing China. Now to divert attention from his crimes he slams China.
Rake that Country over the coals for creating Covid-19
This tariff thing is really what started this mess. 45 attacks and insults other countries and people in general. There is always a way to retaliate and now millions are sick and dying because of this con 45...
Tarrifs=Solution to Covid? Not Social distancing, Lockdowns, Masks Really
The market is losing credibility when its losses and fortunes are determined by which side of the bed Donnie wakes up
It has nothing to do with China! The rich buy low and sell high taking your money! It’s legal robbery.....
The WORLD should punish China for hiding the truth.
What are we going to have to pay more for now.
Isn't it funny how greed fuels the stock market. Notice the main companies that thrive on cheap labor opened lower in the market. People you need to really wake up and look, the corporations are selling us Americans out for cheap labor. Now they feel threatened.
Trump opens his mouth and speaks. The reverse action of what he’d hoped for occurs . Why hasn’t Trump realized the causal relationship of his speaking and the outcome ?
Here's lost his mind, get him out.
realDonaldTrump you can't weasel your way out of this one. We know it's your fault America has such a high death toll from COVID-19.
Like please 💜
Markets listen to an idiot !!
realDonaldTrump don't bring the American citizens into your personal issues with China! You owe them money not us!
He’s going to hate this.
TrumpGenocide HuffPost reuters maddow “Deflect all the blame, steal all the credit” That aboy Mr Genius, struggle around & sink deeper in the quicksand. Pour more gas on the fire! VOTERS TAKE NOTE! Remember this in November!
They need to be held accountable.
Why doesn’t his base understand how tariffs work?!
Trump being such a narcissist and so worried about self image, he will likely retire before the election if covid-19 ruins him.
That’s not the reason fake news
When will realDonaldTrump learn to shut the F,,, up!
Punish China We want Revenge 😡
Unbelievable
You actually couldn't make this shit up if you tried.
That’ll teach... us?
As a Chinese I would say that punishing China will not reduce the number of infections and deaths in the United States. You should now concentrate on how to reduce the number of infections and deaths. When the epidemic is over, you can discuss how to punish China.
Can you please lock up the fool in the white house before he destroys the entire planet? TX
Still a better economy than Obama
Part 2 of his game plan is to tie Biden to China.
This man is a power hungry imbecile!
WHAT IS HE TRYING TO HIDE A BIG BAG OF GUILT! THIS IS A WAY OF WASHING HIS HANDS OF RESPONSIBLE. HE IS SO CUT THROAT
Trump is going to mess with China and it will backfire horribly, they will not just sit back and let him take shots this time.
ChinaLiedPeopleDied
Sounds like the only ones investing now are chino’s
are you trying to tell me tariffs aren't good for american businesses and the american consumer? Because I've been saying that for a couple years.
TL;DR: Trump will be charging Americans more of what they already don’t have enough of, so he can feel important
That will probably help mortgage rates again.
Well his buddies that were short on the market just got rich off a nothing burger sound byte
Trump is such a tool.
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