Amelia Lucas
Amelia Lucas is a restaurant reporter for CNBC, covering fast food and casual dining chains. She has been reporting on the restaurant industry since joining CNBC in an undisclosed year. Prior to her current role, Lucas worked at The Wall Street Journal as a breaking news reporter. Her articles often focus on companies' earnings reports and their impact on the stock market. In addition to her reporting, Lucas is active on social media platforms like Twitter, where she shares updates and insights about the restaurant industry.
Biography:
https://www.cnbc.com/amelia-lucas/
79%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
86%
Examples:
- Amelia Lucas reports on the restaurant industry with a focus on fast food and casual dining chains.
- In some articles, Lucas highlights contradictions in companies' sales performance and financial forecasts.
- Lucas occasionally includes information about conflicts of interest involving the companies she covers.
Conflicts of Interest
86%
Examples:
- Amelia Lucas occasionally reports on conflicts of interest involving the companies she covers.
- In one instance, Lucas discloses her own personal experience with a company's product.
Contradictions
90%
Examples:
- Amelia Lucas reports on discrepancies in companies' sales performance and financial forecasts.
- In some cases, Lucas highlights contradictions within the same company's different divisions or subsidiaries.
Deceptions
64%
Examples:
- In some articles, Amelia Lucas uses misleading or deceptive headlines.
- Lucas sometimes provides inaccurate information about the context of a story without correcting it in the article.
Recent Articles
Darden Restaurants Surpasses Expectations with 6.8% Sales Growth and Strong Expansion Strategy
Broke On: Thursday, 20 June 2024Darden Restaurants, parent company of Olive Garden and LongHorn Steakhouse, reported Q4 2024 earnings surpassing estimates with a 6.8% sales increase to $3 billion. The addition of new restaurants and focus on fundamentals drove growth. Looking ahead, revenue is projected to reach $11.8-11.9 billion in FY2025, significantly higher than analyst consensus. Despite declines in same-restaurant sales for Olive Garden and Fine Dining segments, LongHorn Steakhouse showed a 4.0% increase and the company continued its dividend and share repurchase program. 
Tyson Foods CFO John R. Tyson Suspended After DWI Arrest and Previous Charges
Broke On: Thursday, 13 June 2024Tyson Foods suspends CFO John R. Tyson following DWI arrest and previous suspension for public intoxication and criminal trespass. 
Fast-Casual Chains Thrive: Chipotle, Sweetgreen, and Wingstop Report Strong Sales Growth in Q1 2024
Broke On: Friday, 10 May 2024Despite a consumer slowdown, fast-casual chains like Chipotle Mexican Grill, Sweetgreen, and Wingstop reported strong sales growth in Q1 2024. High-income consumers are driving this trend due to perception of better value. Chipotle and Wingstop saw significant same-store sales growth, while Sweetgreen raised its full-year outlook despite flat traffic. 
Starbucks Reports Q2 Fiscal 2024 Results: 3% U.S. Sales Decline, 6% International Drop, Lowered Full-Year Forecast
Broke On: Tuesday, 30 April 2024Starbucks reports Q2 fiscal 2024 financial results with underperformance in both U.S. and international markets, leading to a 12% drop in shares after hours. The company attributes the decline to poor weather, fewer customer visits, and competition offering less expensive beverages. Starbucks plans improvements through supply chain solutions and personalized promotions via its app. 
Taco Bell, KFC and Pizza Hut Face Pressure from Price-Conscious Consumers as Yum Brands Reports Fourth Quarter Sales Missing Expectations
Broke On: Wednesday, 07 February 2024Taco Bell, KFC and Pizza Hut are facing pressure from price-conscious consumers as Yum Brands reported fourth-quarter sales that missed expectations. The owner of the Taco Bell and KFC chains said revenue was $2 billion, slightly below the average estimate. 
McDonald's Q4 2023 Earnings Report: Revenue of $6.45 Billion and EPS at $2.81
Broke On: Monday, 05 February 2024McDonald's to report Q4 2023 earnings on February 5, 2024. Revenue of $6.45 billion with a year-on-year increase of 8.86%, EPS at $2.81 and Price to Earnings ratio at 25.75. 
Burger King Acquires Carrols Restaurant Group for $1 Billion in Cash
Broke On: Tuesday, 16 January 2024Burger King acquires Carrols Restaurant Group for $1 billion in cash to focus on accelerating remodels and franchising smaller packages with new and existing franchisees. Starbucks Workers United Leads Largest Strike on Red Cup Day
Broke On: Tuesday, 14 November 2023Starbucks workers across the US have initiated the 'largest strike ever' on Red Cup Day. The union, Starbucks Workers United, is demanding the company address issues such as understaffing and scheduling. Starbucks workers in New York City have filed 32 additional complaints alleging that the company violated the city's labor laws. Despite the strike, Starbucks expects customers to participate in the Red Cup Day giveaway as planned. McDonald's Q3 2023 Earnings: Revenue Impacted by Menu Price Hikes
Broke On: Monday, 30 October 2023McDonald's Q3 2023 earnings met Wall Street expectations, but revenue fell short. Menu price hikes, implemented due to rising commodity and labor costs, have led to a slowdown in customer traffic.