Core Viewpoint - Loop Capital upgraded Shake Shack Inc. from Hold to Buy and raised its price target to $127 from $98, indicating a positive outlook on the stock following a significant selloff [1] Group 1: Company Fundamentals - The upgrade reflects Shake Shack's strong fundamentals, including unit growth in the low double-digit to mid-teen range [2] - The company is noted for industry-leading store-level returns and expectations for stable to modestly positive same-store sales over the next 12 to 18 months [2] Group 2: Market Performance - Shake Shack shares have declined more than 30% since July, which Loop Capital views as an attractive buying opportunity [1] - The new price target implies roughly 23x the firm's 2026 EV/EBITDA estimate, justified by Shake Shack's growth trajectory and profitability outlook [2]

Core Points - New York City's Mayor-elect Zohran Mamdani is advocating for a boycott of Starbucks as union workers strike nationwide, highlighting his pro-union stance and political influence [1][2] - The strike coincides with "Red Cup Day," a significant sales event for Starbucks, with workers in over 25 cities participating [3][11] - Starbucks Workers United, representing around 9,000 baristas, accuses the company of refusing to negotiate fairly, while Starbucks claims to offer competitive wages and benefits [4][10] Company Actions - Starbucks reported that approximately 99.9% of its stores remained operational during the strike [3] - The company has faced accusations of anti-union tactics, including store closures and employee firings related to union activities, which it denies [10][14] - The current strike marks the fourth organized action by the union since 2023, indicating ongoing tensions in labor relations [5][12] Union Position - Workers United has filed over 1,000 charges against Starbucks for alleged unfair labor practices, reflecting deepening conflicts between the union and the company [7] - The union warns that strikes may escalate if negotiations do not progress, emphasizing the urgency of reaching a fair contract [4][10]

By Jonathan Stempel (Reuters) -Berkshire Hathaway revealed a $4.3 billion stake in Google parent Alphabet and further reduced its stake in Apple, detailing its equity portfolio for the last time before Warren Buffett ​ends his 60-year run as chief executive officer. In a filing on Friday with the U.S. Securities ‌and Exchange Commission, Berkshire said it owned 17.85 million Alphabet shares as of September 30. Berkshire cut its Apple stake to 238.2 million shares from ‌280 million in the third quarter, ...

Core Point - President Trump's trade deal with four Latin American countries is expected to lower prices for coffee, bananas, and beef, which have been problematic for several American companies [1] Group 1: Trade Deal Impact - The trade deal aims to reduce costs associated with importing coffee, bananas, and beef [1] - Lower prices for these commodities could benefit American companies that rely on these imports [1]

Core Insights - Noble Roman's, Inc. announced its third quarter 2025 financial data and recent company highlights [1] - A conference call is scheduled for November 17th at 4 PM ET to discuss the earnings summary [1] - The company will file its third quarter 10Q after auditors complete their review, pending a technical determination regarding the valuation of the company's Warrant Liability [1]

While consumers cling to their kitchens, many restaurants are struggling. But some chains are boosting business. Here’s what restaurants are changing to fill seats: https://t.co/1rYb24LmM9 https://t.co/EJlxCwrlCG ...

Core Insights - Yum! Brands Inc. is exploring a potential sale of Pizza Hut due to its underperformance and the need for strategic action to realize the brand's full value [1][2][4] Financial Performance - Pizza Hut's same-store sales dropped by 1% in Q3 2025, with overall system sales remaining flat at $3.2 billion, also reflecting a 1% decline when excluding foreign exchange effects [3] - Yum! Brands reported total revenue of $1.98 billion for Q3, an 8% increase year-over-year, and net income of $397 million, up 4% [5] - The overall system sales for Yum! Brands grew by 5% year-over-year, driven by 9% growth at Taco Bell and 6% at KFC, indicating strong performance from other brand divisions despite Pizza Hut's struggles [5] Strategic Initiatives - Yum! Brands has retained Goldman Sachs and Barclays as financial advisors to evaluate potential deals and guide the strategic review process for Pizza Hut [4] - The company is focusing on capturing the Gen Z market through various initiatives, including the introduction of customizable drink options at Taco Bell [7][8]

Eateries are turning to deals and better operations to compete at a time when many consumers cling to their kitchens https://t.co/dSPF7Iipur ...

You can find original article here Nrn. Subscribe to our free daily Nrn newsletters. Luckin Coffee could be returning to the Nasdaq five years after the company was delisted due to financial fraud. Jinyi Guo, the CEO of the mobile-only Chinese coffee chain, said at a recent government event in Xiamen that the company is preparing to relist on the U.S. stock market and expand its footprint in America as well. Chinese media reports that Guo said once the company is relisted on the Nasdaq, it will help Lucki ...

Wall Street analysts expect Jack In The Box (JACK) to post quarterly earnings of $0.46 per share in its upcoming report, which indicates a year-over-year decline of 60.3%. Revenues are expected to be $321.46 million, down 8% from the year-ago quarter.Over the last 30 days, there has been a downward revision of 1.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this ti ...