Starbucks baristas authorized a strike after their union and the company failed to agree on a new contract. https://t.co/awx4DrN9Z5 ...

Core Insights - CAVA Group, Inc. reported Q3 earnings that fell short of Wall Street expectations for both revenue and earnings [1] - The company is facing challenges due to reduced spending among Gen Z consumers, who represent a significant portion of its customer base [2] Financial Performance - CAVA's stock price declined by 2.67%, trading at $50.32 as of the latest data [3] - Analysts have adjusted their price targets downward, reflecting a more conservative outlook for the company's financial performance [3][4] Analyst Ratings and Price Target Adjustments - T.D. Cowen lowered its price target for CAVA from $80 to $67, citing reduced adjusted EBITDA estimates for 2025 and 2026 [3] - Keybanc reduced its price target from $85 to $65 while maintaining an Overweight rating [4] - Stifel lowered its price target from $100 to $75 but kept a Buy rating [4] - Piper Sandler adjusted its price target from $100 to $71 with an Overweight rating [4] - Bernstein maintained an Outperform rating but lowered the price target from $100 to $80 [4] - Barclays reduced its price target from $64 to $52 while maintaining an Equal-Weight rating [4]

Q3 2025 Financial Performance - System-wide sales decreased by 55%[7] - Same-store sales declined by 35%[7] - Total revenue was $1400 million[7] compared to $1434 million in Q3 2024[10] - Adjusted EBITDA was $131 million[7] compared to $141 million in Q3 2024[10] - Net loss attributable to FAT Brands Inc was $(58219) thousand[21] compared to $(44755) thousand in Q3 2024[21] Store Development - 13 new stores opened in Q3 2025[7] Strategic Focus - The company aims to accelerate the build-out of a 1,000+ unit new store pipeline[13] - The company plans to grow factory production to utilize ~55% excess capacity[13] - The company intends to re-franchise Fazoli's 57 company-owned restaurants[13] Non-GAAP Measures - Adjusted net loss was $(45437) thousand[24] compared to $(38017) thousand in Q3 2024[24]

Core Insights - BJ's Restaurants, Inc. has appointed Todd Wilson as the new Chief Financial Officer, effective December 15, 2025, bringing nearly two decades of financial leadership experience to the company [1][2]. Company Overview - BJ's Restaurants, Inc. is a national casual dining brand founded in 1978, operating over 200 restaurants across 31 states, known for its high-quality ingredients and diverse menu offerings [4]. - The company has a strong market position in the casual dining space and is recognized for its craft brewing, having won multiple awards including the 2025 Vibe Vista Award for Best Beer Program [4]. Leadership Background - Todd Wilson previously served as CFO of Red Robin Gourmet Burgers, where he improved restaurant-level margins and financial results [2]. - His experience includes significant roles at Hopdoddy Burger Bar and Jamba Juice, where he led financial strategies and operations [2]. - Wilson holds an MBA from the University of South Florida and a bachelor's degree from the University of Florida [2]. Strategic Vision - The CEO of BJ's expressed confidence in Wilson's ability to drive operational excellence and strengthen the company's financial foundation [3]. - Wilson is enthusiastic about joining BJ's during a pivotal time and aims to leverage the brand's strong market position and loyal customer base to capitalize on future opportunities [4].

Core Insights - McDonald's Corp. reported stronger-than-expected global sales growth in Q3, driven by cost-conscious consumers seeking value offerings amid economic uncertainty [1] - Global comparable sales increased by 3.6%, slightly above the Street estimate of 3.59% [1] - U.S. same-store sales rose by 2.4%, a significant improvement from 0.3% a year ago, surpassing expectations of 2.14% [1] Sales and Promotions - Fast-food chains, including McDonald's, have focused on low-priced meal deals to address weaker demand for dining out [2] - McDonald's introduced promotions such as a $5 menu and a "buy one, add one for $1" offer to attract lower-income consumers, who form a significant part of its customer base [2] Financial Performance - Operating income grew by 5.3% year over year to $3.36 billion, despite a $39 million pre-tax restructuring charge impacting results [3] - Earnings per share were reported at $3.18, while revenue increased by 3% to $7.08 billion, indicating steady demand and operational efficiency gains across major markets [3]

Core Insights - Twin Hospitality Group Inc. reported a solid performance in Q3 2025, with a restaurant-level contribution margin of 17.0% and year-over-year sales growth in core markets despite regional challenges [2][10] - The company is focusing on a conversion strategy that has shown significant results, with Twin Peaks locations outperforming former Smokey Bones operations [3] Financial Performance - Total revenue decreased by $1.3 million, or 1.6%, to $82.3 million compared to $83.7 million in Q3 2024, primarily due to the closure of 11 underperforming Smokey Bones locations and lower same-store sales [6][10] - Twin Peaks same-store sales declined by 4.1%, while system-wide sales decreased by 1.4% [10] - The company reported a loss from operations of $13.4 million, compared to a loss of $3.6 million in the same period last year [10] Costs and Expenses - Food and beverage costs decreased by $0.5 million, or 2.3%, to $20.3 million, representing 27.4% of restaurant sales, slightly down from 27.5% in the previous year [7][10] - Labor and benefits costs decreased by $0.9 million, or 3.5%, to $23.9 million, accounting for 32.1% of restaurant sales, down from 32.8% [8][10] - General and administrative expenses surged by $12.3 million, or 172.1%, to $19.5 million, largely due to store closure costs and higher non-cash share-based compensation [9][10] Profitability Metrics - The restaurant contribution margin was reported at 9.6%, with Twin Peaks at 17.0% and Smokey Bones at (0.3%) [10][28] - Adjusted EBITDA for the quarter was $3.0 million, an increase from $2.3 million in the same period last year [10][26]

Core Insights - Todd Wilson, the Chief Financial Officer of Red Robin Gourmet Burgers, will resign effective December 12, 2025, and the company is actively searching for a replacement [1][2] - Jesse Griffith has been promoted to Chief Operations Officer, having previously served as Senior Vice President of Operations since March 2023 [2][3] - The company has reported that its third-quarter results exceeded expectations, with comparable restaurant sales expected to decline approximately 1.2% and Adjusted EBITDA projected between $7.1 million and $7.6 million [4][5] Management Changes - Todd Wilson's contributions as CFO were acknowledged by the President and CEO, Dave Pace, who emphasized the company's commitment to finding a suitable successor [2] - Jesse Griffith's promotion reflects his significant impact on restaurant operations and guest service, aligning with the company's strategic plan for operational excellence [3] Financial Outlook - The third-quarter financial outlook indicates a decline in comparable restaurant sales by about 1.2% [4] - Adjusted EBITDA for the third quarter is anticipated to be in the range of $7.1 million to $7.6 million [4][5] - The company plans to report its fiscal third-quarter results on November 10, 2025, after market close [5]

When the owner of Mishm Mission East Passion got a one-star review on Google, he was confused. >> And then I clicked into it and then I saw 39 other reviews, all one star. >> Alex Tufix restaurant wasn't the only one attacked.Reportedly, eight other restaurants in Philadelphia were hit with fake bad reviews, too. >> It was all within a 2 and 1/2 hour, 3-hour period. >> Some of the reviews are posted to different restaurants, but have the same complaints literally word for word.39 reviews that were onestar r ...

Core Insights - Noodles & Company reported a 4% increase in comparable restaurant sales for Q3 2025, outperforming the fast casual benchmark, with October sales accelerating to an 8% increase [3][6] - The company experienced a net loss of $9.2 million in Q3 2025, compared to a net loss of $6.8 million in Q3 2024, largely due to $5.3 million in pre-tax restaurant impairments [6][24] - Adjusted EBITDA rose by 32.7% to $6.5 million in Q3 2025, up from $4.9 million in the same quarter of the previous year [6][26] Financial Performance - Total revenue for Q3 2025 decreased by 0.5% to $122.1 million from $122.8 million in Q3 2024 [6][21] - Restaurant contribution margin improved to 13.2% in Q3 2025 from 12.8% in Q3 2024, indicating better restaurant-level productivity [6][36] - Operating margin was reported at (5.2)% for Q3 2025, compared to (3.9)% in Q3 2024 [6][21] Liquidity and Debt - As of September 30, 2025, the company had cash and cash equivalents of $4.7 million and outstanding debt of $109.8 million [4] - The available amount for future borrowings under its revolving credit facility was $12.2 million [4] Business Outlook - The company revised its guidance for fiscal year 2025, expecting total revenue between $492 million and $495 million, with comparable restaurant sales growth projected at 3.6% to 4.2% [7] - The company plans to close 31 to 34 company-owned restaurants and 7 to 8 franchise restaurants, while opening two new company-owned locations [7] Strategic Review - On September 3, 2025, the Board of Directors initiated a review of strategic alternatives to maximize stockholder value, which may include refinancing, refranchising, or selling parts of the business [8]

Core Insights - FAT Brands reported strong results in the third quarter of fiscal 2025, with a notable same-store sales growth of 3.9% in the casual dining segment, marking the best performance of the year to date [3] - The company opened 60 new restaurants in 2025 and has approximately 900 committed locations expected to contribute $50-$60 million in incremental EBITDA once fully operational [3] - A strategic partnership with Virtual Dining Concepts aims to enhance manufacturing growth by making Great American Cookies available from Chuck E. Cheese locations nationwide [3] Financial Performance - Total revenue decreased by $3.4 million, or 2.3%, to $140.0 million compared to $143.4 million in the same quarter of the previous year, primarily due to the closure of 11 underperforming Smokey Bones locations [6][7] - System-wide sales declined by 5.5%, and same-store sales decreased by 3.5% [7] - The net loss for the quarter was $58.2 million, or $3.39 per diluted share, compared to a net loss of $44.8 million, or $2.74 per diluted share, in the same quarter of the previous year [7][11] Cost and Expenses - General and administrative expenses increased by $8.2 million, or 23.7%, to $42.7 million, primarily due to costs associated with the closure of Smokey Bones locations and higher non-cash share-based compensation [8] - Advertising expenses rose by $2.1 million to $12.2 million compared to the prior year [10] - Total costs and expenses for the quarter were $157.4 million, compared to $152.2 million in the same quarter of the previous year [26] Strategic Initiatives - The company is negotiating a debt restructuring with noteholders and plans a $75-$100 million equity raise at Twin Hospitality Group Inc. to pay down debt and fund new unit development [3] - The pause on dividends is expected to preserve $35-$40 million in annual cash flow [3] - The company is advancing plans for approximately 50 additional co-branded locations, indicating significant potential for this format [3]