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Comfort Food Comeback: How Mina Haque Plans To Make Tony Roma's Sizzle Again
Wednesday, December 18, 2024 - 10:03am | 1303It's a rare scenario when someone conducting M&A due diligence becomes CEO of the company. But that’s exactly what happened when Mohaimina (Mina) Haque went from Tony Roma's legal advisor to overseeing the entire restaurant chain. In 2020, Tony Roma’s landed on the auction block...
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Barclays Loses Its Appetite For Cheesecake Factory
Monday, November 12, 2018 - 2:17pm | 361The bearish case for Cheesecake Factory Inc (NASDAQ: CAKE) can be made despite the restaurant chain remaining a leader within the high-end segment of the casual dining sector, according to Barclays. The Analyst Barclays' Jeffrey Bernstein downgraded Cheesecake Factory from Equal-Weight to...
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Wells Fargo Raises Restaurant Price Targets Ahead Of Q3 Reports
Tuesday, October 16, 2018 - 2:33pm | 471Wells Fargo is adjusting price targets ahead of the restaurant sector's earnings season. The Analyst Wells Fargo's Jon Tower: Maintained a Market Perform on Chipotle Mexican Grill, Inc. (NYSE: CMG) with a price target lifted from $415 to $418. Maintained a Market Perform on ...
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Baird: The Potential Restaurant Winners From A New Tax Bill
Monday, December 4, 2017 - 6:11pm | 897President Donald Trump's proposed tax reform appears to be more likely to succeed than not, which has many investors wondering how best to readjust their portfolio. Baird's David Tarantino took a deep dive into the restaurant sector, where there are a handful of potential winners from both...
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Are Restaurants Safe From The Amazon Effect?
Thursday, November 30, 2017 - 1:12pm | 1147For every $1 a consumer spends online, it's $1 less that a company like Amazon.com, Inc. (NASDAQ: AMZN) collects and one less dollar spent in malls. While the immediate impact to retailers and department stores is apparent, investors aren't necessarily appreciating the negative impact to...
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Urban Outfitters Just Acquired A Restaurant Ahead Of Its Q3 Earnings Call
Monday, November 16, 2015 - 12:07pm | 481Shares of Urban Outfitters, Inc. (NASDAQ: URBN) lost more than 4 percent on Monday ahead of the company's scheduled release of its third quarter results after market close. Urban Outfitters announced it acquired The Vetri Family group of restaurants, including Pizzeria Vetri. Urban...
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Barclays Predicts Restaurant Rebound
Monday, July 13, 2015 - 1:18pm | 404In a report published Monday, Barclays analyst Jeffrey Bernstein explored the U.S. Restaurant sector, noting that outperformance relative to the S&P 500 has been "muted" in the second quarter and will continue for the near-term, before outperformance resumes later on in the year...
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Will Quick Service Restaurants Success Last?
Monday, April 13, 2015 - 10:12am | 320In a report published Monday, Morgan Stanley analyst John Glass previewed the Quick Service Restaurant (QSR) industry as many restaurant operators are set to report quarterly results in the coming weeks. According to Glass, sandwich sales (the segment's largest category) were up an...