Beer
fromwww.brewbound.com
1 hour agoBrewbound Podcast: The Year in Booze News
U.S. beer faced continued 2025 declines with low- to moderate-single-digit drops in sales and volume driven by macroeconomic pressure, health trends, and competition.
The cafeteria-style eatery, known for its affordable, homestyle meals of fried chicken, baked spaghetti, and chocolate cream pie, announced its permanent closure in a Facebook post on Monday. The restaurant chain thanked customers for their support and added, "We are truly sorry to bring this chapter to an end, but profoundly thankful for the love you've shown us for nearly nine decades." No explanation was offered for K&W's sudden closure.
Here's what the big box retailer reported for its Q3 2025: Net sales: $25.3 billion (down 1.4% from the same period in 2024) Adjusted earnings per share (EPS): $1.78 (down from $1.85 in the same period in 2024) Operating income: $948 million (down 18.9%) Net earnings: $689 million (down 19.3%) To put those first two all-important metrics into perspective, net sales came in below what analysts were expecting, but the company's adjusted earnings per share came in slightly above.