A pedestrian walks past Starbucks and McDonald’s outlets located side by side in a modern commercial building on November 30, 2024, in Shenzhen, Guangdong Province, China.Â
Cheng Xin | Getty Images News | Getty Images
Starbucks is expected to report its quarterly earnings on Tuesday, kicking off several weeks of reports from restaurant companies as investors anticipate improving demand for dining out.
A handful of restaurants released preliminary results earlier in January ahead of presentations at the annual ICR Conference in Orlando. For many, like Red Robin and Noodles & Company, their early report showed sales trends improved during the fourth quarter, giving investors more confidence and pushing their shares higher. Only Shake Shack saw its stock fall; its outlook disappointed shareholders, who were hoping for higher targets.
But the largest restaurant companies have yet to announce any results. Starbucks paves the way with its…
