Business
business
Tom Jones

Taco Bell’s drive-thru is really quick but often wrong

One of our favorite annual datasets, QSR Magazine’s Drive-Thru Report, dropped yesterday and saw Taco Bell crowned as the fastest drive-thru in the industry for the 4th year in a row. But just how fast is the fastest food vendor in the business?

Well, Taco Bell customers could expect to spend just under 4 minutes and 15 seconds to complete the whole process (queuing for, placing, waiting on, and receiving their order) in 2024. But, although the Live Más chain is the fastest of the chains tracked, what it gains in speed it seems to lose in accuracy — according to the QSR report 15% of Taco Bell drive-thru orders were wrong.

Drive thru speeds
Sherwood News

Still, Taco Bell, which celebrated National Taco Day yesterday after recently swinging a deal with the organizers to ensure it always falls on a Tuesday, will be broadly happy with the results… and even happier when a fleet of new AI assistants start fitting into its already industry-leading system.

Well, Taco Bell customers could expect to spend just under 4 minutes and 15 seconds to complete the whole process (queuing for, placing, waiting on, and receiving their order) in 2024. But, although the Live Más chain is the fastest of the chains tracked, what it gains in speed it seems to lose in accuracy — according to the QSR report 15% of Taco Bell drive-thru orders were wrong.

Drive thru speeds
Sherwood News

Still, Taco Bell, which celebrated National Taco Day yesterday after recently swinging a deal with the organizers to ensure it always falls on a Tuesday, will be broadly happy with the results… and even happier when a fleet of new AI assistants start fitting into its already industry-leading system.

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eBay stock slumps on gloomy Q4 outlook despite solid Q3 earnings

Shares of eBay fell as much as 10.5% in premarket trading on Thursday morning after the company gave a lower-than-expected profit forecast for the important holiday shopping season.

The e-commerce giant reported solid numbers for the third quarter on Wednesday, with revenue up 9% as reported to $2.8 billion and gross merchandise volume rising 10% to $20.1 billion, topping the average analyst forecast of $19.4 billion, per Bloomberg.

However, concerns about the future somewhat overshadowed these results.

eBay outlined its profit outlook for the period ending in December to $1.31 to $1.36 a share, with revenue at $2.83 billion to $2.89 billion. According to Bloomberg-compiled data, this broadly matches Wall Street’s estimates for the top line, but misses on the bottom line, with analysts forecasting EPS to come in at $1.39 — suggesting the company expects some further margin pressure.

The company has been facing macroeconomic challenges since the US ended the de minimis tariff exemption in late August, with the online marketplace reliant on shipments. One small silver lining? CFO Peggy Alford highlighted a “less durable trend” on a post-earnings call: that as commodity prices for precious metals boomed, demand for bullion and collectible coins on eBay spiked.

However, concerns about the future somewhat overshadowed these results.

eBay outlined its profit outlook for the period ending in December to $1.31 to $1.36 a share, with revenue at $2.83 billion to $2.89 billion. According to Bloomberg-compiled data, this broadly matches Wall Street’s estimates for the top line, but misses on the bottom line, with analysts forecasting EPS to come in at $1.39 — suggesting the company expects some further margin pressure.

The company has been facing macroeconomic challenges since the US ended the de minimis tariff exemption in late August, with the online marketplace reliant on shipments. One small silver lining? CFO Peggy Alford highlighted a “less durable trend” on a post-earnings call: that as commodity prices for precious metals boomed, demand for bullion and collectible coins on eBay spiked.

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