Starbucks (NASDAQ:SBUX) reported revenue of $9.40 billion, in line with the previous year and 0.9% above analysts’ forecasts. Despite this, the stock fell 1.8% following the report. The company noted that it continues to implement its “Back to Starbucks” strategy and is seeing positive customer response.

The best performer among traditional fast-food companies was Dutch Bros (NYSE:BROS). Its revenue increased by 34.9% to $342.8 million, 7.6% above analysts’ expectations. However, the market reacted ambiguously, and the stock fell 4.2% to $62.

The worst result came from Krispy Kreme (NASDAQ:DNUT), whose revenue declined by 10.4% to $404 million, missing analysts’ forecasts. The company also downgraded its full-year outlook, leading to a sharp 41% drop in shares to $5.39.

Restaurant chain Portillo’s (NASDAQ:PTLO) posted stable results, reporting revenue of $184.6 million (-1.7% YoY), in line with analysts’ expectations. Despite strong profit figures, the stock fell 8% and is trading at $12.50.

Arcos Dorados (NYSE:ARCO), the largest McDonald’s franchisee in Latin America, reported revenue of $1.14 billion (-2.7% YoY), missing analysts’ forecasts. However, the company exceeded expectations for EBITDA and sales growth, leading to an 8.1% rise in shares to $8.40.