Even as meat prices soar, a new wave of steakhouses is thriving while giving the genre a to-the-studs renovation.Here are the places changing the game—and what you get for your money. 🔗 https://t.co/4izHfyshHl https://t.co/nfAflh6GA6 ...

Core Viewpoint - TH International Limited, the exclusive master franchisee of Tim Hortons in China, has announced a definitive agreement for the issuance of Senior Secured Convertible Notes and amendments to existing unsecured convertible notes [1][4]. Transaction Overview - Tims China will issue senior secured convertible notes due September 2029 with an aggregate principal amount of approximately US$89.9 million [2]. - Proceeds from the new secured notes will be partially used to repurchase all outstanding amounts due under its variable rate convertible senior notes due 2026 [2]. Terms of New Secured Notes - The new secured notes will be convertible into newly issued ordinary shares of Tims China at a price equal to 110% of the five-day volume-weighted average share price prior to signing [3]. - The notes are secured by a pledge of 100% of the shares of TH Hong Kong International Limited and an all-asset debenture of Tims China [3]. Amendments to Existing Notes - Tim Hortons Restaurants International GmbH and Cartesian Capital Group have agreed to extend the maturity of their 2024 unsecured convertible notes from June 2027 to September 2029, with the conversion price reset to align with the new secured notes [4]. Approval and Closing - The transaction has been approved by the board of directors and is expected to close in the fourth quarter of 2025, pending customary closing conditions and regulatory approvals in China [4]. Additional Information - Further details regarding these transactions will be provided in a Form 6-K to be filed with the U.S. Securities and Exchange Commission by October 31, 2025 [5].

Chris O'Cull from Stifel Nicolaus lowered the price target for NYSE:CAVA to $100, indicating potential growth despite current challenges.CAVA's upcoming third-quarter earnings report is highly anticipated, with a history of surpassing earnings expectations but facing a projected decline in EPS.The stock is trading near its 52-week low, raising questions among investors about whether it presents a buying opportunity ahead of the earnings report.CAVA Group, Inc. (NYSE:CAVA) is a fast-casual restaurant chain k ...

Restaurant Industry Trend - A new restaurant in Hong Kong blends local flavors into traditional Italian dishes [1] Culinary Innovation - The restaurant serves old Italian favorites with a twist [1]

Yeah, I guess it's all relative. A big move for McDonald's is about a little over 3% which is what the options market is expecting the day they report, but that's big for for McDonald's which has actually averaged about 2% actually after they report. Uh I I think this one's going to remain heavy.It is trading a little bit uh more expensive than its historical multiple and it does seem like there is some pressure on that side of the consumer base. So, my inclination is to take advantage of the fact that opti ...

Group 1 - McDonald's is expected to experience a significant stock movement of over 3% on the day of its earnings report, which is notable compared to its historical average of about 2% [1] - The current trading price of McDonald's is higher than its historical multiples, indicating potential pressure on its consumer base [2] - A bearish strategy is suggested through the purchase of a put spread costing approximately $3.60, which offers limited risk for investors looking to capitalize on potential declines [2]

Fast Casual Chains—Chipotle, Cava, More—Sound Alarm On Drop-Off In Lower-Income Customershttps://t.co/RJxqc47dk9 https://t.co/KjjaHXDjAG ...

advertisement BYÂ Michael Grothaus LOGIN SUBSCRIBE | FastCo Works Listen to this ArticleMore info 0:00 / 0:00 Fans of the Outback Steakhouse chain will be disappointed to learn that its parent company, Bloomin' Brands, has recently closed a number of locations. The closures are yet another sign that major restaurant chains are facing significant headwinds as costs increase and consumers grow increasingly cautious of how they spend their discretionary dollars. Here's what you need to know. What's happened? R ...

The stock reaction seems to indicate a tipping point of sorts for this seemingly bottomless spending, which had previously been given the benefit of the doubt by investors. But no longer. They're growing exhausted by the eye-popping figures, and are rebelling against the lack of tangible results .The chart below shows the spike in spending in action. Updated for the most recent info shared during earnings season, these five companies are on pace to drop $350 billion of AI capex in 2025.The common thread: co ...

Core Insights - The U.S. government shutdown is projected to cost the economy between $7 billion and $14 billion, significantly impacting the restaurant industry, particularly in the $8 billion Washington, D.C. market [1] Industry Impact - Approximately 2,660 restaurants in Washington, D.C. are struggling, with many still recovering from decreased reservations due to previous government actions [2] - The shutdown has exacerbated declining consumer sentiment, leading to fewer restaurant visits, with sentiment levels now lower than during the COVID pandemic [3] - Consumer concerns include pessimism about job availability and rising prices, contributing to increased anxiety among potential diners [4] Performance Metrics - Recent data from BlackBox Intelligence indicates that restaurant traffic in Washington, D.C. has underperformed compared to national levels, with a 2.8% decline in traffic during the week of October 12, compared to a 1.6% increase nationally [4] - Upscale restaurants in Washington, D.C. have seen a 6.8% drop in traffic and a 5.7% decrease in total sales over the past month, while casual dining is the only segment with positive cumulative traffic, up 1.6% [4] Company Reporting - Public restaurant companies are beginning to report quarterly results, revealing the financial impact of the ongoing government shutdown [5]