restaurant

Restaurant chain owner CAVA Group Inc. (NYSE:CAVA) reported a mixed fourth quarter and issued conservative guidance for the next fiscal year. While its shares fell over 4.7%, this analyst said that he expects a recovery as the provided guidance was “very achievable”. What Happened:...

French restaurants in St Tropez have started imposing a $5,000 minimum spend per table and decline reservations from previous low-spenders, Business Insider reports. Tensions have escalated between restaurants and patrons due to tipping practices and extra dining fees. The rise of digital...

Since 1994, Wingstop Inc (NASDAQ: WING) has been home to made-to-crave wings and hand-cut seasoned fries, and over the past five years, mouthwatering returns for investors. Since May 2018, Wingstop stock’s five-year return has outperformed several of the world’s most popular...

Since 1994, Wingstop Inc (NASDAQ: WING) has been home to made-to-crave wings and hand-cut seasoned fries, and over the past five years, mouthwatering returns for investors. Since June 2017, Wingstop stock’s five-year return has outperformed several of the world’s most popular...

A new restaurant is coming to market and will be based on one of the most popular non-fungible tokens. What Happened: Bored & Hungry is set to launch in Southern California on April 9, 2022, as the first “Bored Ape” restaurant in the world, utilizing a Bored Ape Yacht Club as...

Bank of America restaurant analyst Sara Senatore recently attended the ICR 2022 conference and viewed presentations from 39 different restaurants. On Thursday, Senatore said the industry will continue to face unique challenges in 2022. Labor And Costs: One of the biggest problems restaurants are...

Chipotle Mexican Grill, Inc’s (NYSE: CMG) recent menu price hikes are likely “to stick,” lending significant upside to the consensus expectations for the back half of the year, according to Raymond James. The Chipotle Mexican Grill Analyst: Brian Vaccaro upgraded the rating for...

The ongoing NFL saga has now made its way towards Wall Street. Pizza chain and NFL sponsor Papa John's Int'l, Inc. (NASDAQ: PZZA) saw its stock lose more than 10 percent on Wednesday after the company reported its third-quarter results, which fell short of expectations. The restaurant chain's...

Shares of McDonald's Corporation (NYSE: MCD) initially jumped higher after its third-quarter earnings report but gave back all of its gains and was trading lower by around 0.27 percent. The fast-food restaurant chain said it earned $1.76 per share in its third quarter on revenue of $5.755 billion....

Shake Shack Inc (NYSE: SHAK) is an industry-leading restaurant chain that boasts an underapreciated path to growth, at least according to analysts at Wedbush who turned bullish on the stock after its first-quarter earnings report. Wedbush's Nick Setyan upgraded Shake Shack's stock rating from...

Many retail executives are attributing their companies' poor performance to the U.S. election. Maybe it's a convenient scapegoat or maybe they are on to something, as the list of CEOs pointing toward the election to justify poor performance just got bigger. According to Bloomberg, Dunkin Brands...

David Tarantino of Baird reviewed the restaurant sector in a research report on Tuesday and came away with the following conclusions. 4 Takeaways 1. Initial data from the analyst's private chain survey is pointing to August comps near 1.5–2.0 percent, which is below July's 2.5–3.0...

Stifel's restaurant analyst Paul Westra turned bearish on the restaurant industry in late July. On Tuesday, RBC Capital Market's analyst David Palmer shared a similar, somewhat negative, sentiment on the restaurant sector, noting that industry trends have "slowed to very low growth." According to...