Coca-Cola topped earnings per share and revenue expectations against Wall Street estimates, with EPS registering at 86 cents adjusted versus 81 cents anticipated. Concerning revenue, Q1 was notched at $12.47 billion versus $12.24 billion expected, with global demand increasing (more).

McDonald’s announced it will be launching three new refreshers (strawberry watermelon, mango pineapple, and blackberry passion fruit) on May 6, as well as three new crafted sodas — Sprite Berry Blast, Orange Dream, and Dirty Dr Pepper (more).

The high cost of living and inflation concerns were cited by 31% of respondents in a recent Gallup poll as their top worry, with housing costs and the price of gas and energy seemingly tied for second place at ~13%. The cost of healthcare came in at the third position, with 8% saying this was their top source of anxiety (more).

Yum Brands saw its first-quarter earnings and revenue beat Wall Street projections, provided by LSEG, largely based on Taco Bell comp sales growth. The company saw revenue of $2.06 billion against $2.04 billion expected, and EPS of $1.50 adjusted versus $1.38 expected (more).

Subway has launched its first-ever value menu, with the Fresh Value Menu offering 15 entrees under $5 in addition to a rotating $4.99 “Sub of the Day” deal. Subway joins other QSRs, such as McDonald’s, Wendy’s, and Taco Bell, in appealing to affordability as of late (more).