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Why Sweetgreen Stock Was Going Sour Today
The Motley Fool· 2025-08-08 17:38
Sweetgreen delivered another disappointing earnings report.Shares of Sweetgreen (SG -26.03%) were plunging today after the fast-casual salad chain reported another disappointing quarter, including a comparable sales decline and a widening loss on the bottom line.Unsurprisingly, the results drove more investors away from what seemed like a promising growth stock not long ago. At 12:21 p.m. ET, the stock was 25.6% on the news. Sweetgreen faces more challengesSame-store sales fell 7.6% in the quarter after jum ...
Can China Momentum Balance Starbucks' U.S. Comps Challenges?
ZACKS· 2025-08-08 17:01
Core Insights - Starbucks Corporation is focusing on its fastest-growing international market, particularly China, to counteract weaker results in the U.S. market [1][4] U.S. Market Performance - In Q3 2025, U.S. comparable store sales decreased by 2% year over year, with transactions down nearly 4% [2][9] - The decline in U.S. sales was attributed to the comparison with the previous year's heavy discounting and promotional activities, rather than a sudden drop in customer engagement [2][4] China Market Performance - In contrast, China experienced a 2% growth in comparable store sales, driven by a 6% increase in transactions [3][9] - Growth in China is supported by beverage innovation, effective pricing strategies, and a rise in delivery sales, which align with changing consumer purchasing behaviors [3][4] Strategic Focus - Starbucks' ability to innovate products, leverage pricing power, and enhance delivery services in China is seen as a significant counterbalance to the challenges faced in the U.S. market [4] - The company's ongoing investments in localized offerings and operational improvements are enhancing brand relevance and attracting more customers in China [3][4] Valuation and Market Comparison - Starbucks is currently trading at a forward price-to-sales ratio of 2.66, which is below the industry average of 3.83 [11] - In comparison, Dutch Bros and Chipotle are trading at higher forward P/S ratios of 6.4 and 4.38, respectively [11] Earnings Estimates - The Zacks Consensus Estimate for Starbucks' fiscal 2025 EPS indicates a decline of 30.5% year over year, while the estimate for 2026 suggests an 18.2% increase [12]
Restaurateur Expands Italian Food Footprint With 2nd Merrick Eatery
Merrick, NY Patch· 2025-08-08 16:01
Restaurants & BarsRestaurateur Expands Italian Food Footprint With 2nd Nassau Eatery"We always had a passion for food," Lou Neglia said. "Every holiday was just cooking, eating [and] drinking. That's what we grew up with."A pair of Italian restaurants in Merrick are co-owned by Lou Neglia. (Jerry Barmash/Patch)LouTony's, on Merrick Road in Merrick, is the latest restaurant by Lou Neglia and his cousin Anthony St. George. (Jerry Barmash/Patch)After a soft launch in June, LouTony's will have its official gran ...
Jack In The Box Returns: First Restaurant In Northern Chicago Suburbs Set To Open Soon
Algonquin· 2025-08-08 16:01
Core Point - Jack in the Box is returning to the Chicago area after a 40-year absence, with plans to open multiple locations in the suburbs [4][6]. Group 1: New Locations - The first Jack in the Box restaurant in the northern Illinois suburbs will open in Lake in the Hills, specifically at 320 N. Randall Road, which was previously an Arby's [4][5]. - The Lake in the Hills location is set to open on August 18 [5]. - The company aims to establish a total of 125 restaurants throughout the Chicago area, starting with locations in Lake in the Hills, Tinley Park, New Lenox, Naperville, Plainfield, Carol Stream, and Countryside [6]. Group 2: Operational Features - The new locations will offer dine-in, drive-thru, and mobile ordering options, and will operate 24 hours a day [6]. - Jack in the Box is known for a diverse menu that includes burgers, tacos, chicken sandwiches, milkshakes, breakfast items, and late-night snacks [6][7]. Group 3: Company Background - Jack in the Box currently operates 2,100 locations across 21 states [7]. - The company has a history of introducing industry standards such as the drive-thru and breakfast sandwiches, and it features one of the largest menus in the quick-service restaurant sector [7].
Where To Eat: Seasonal Menus In Downtown Redwood City
Redwood City· 2025-08-08 16:01
Restaurants & BarsWhere To Eat: Seasonal Menus Downtown In This San Mateo County TownHere is a selection of restaurants in this popular downtown area that provide seasonal offerings. There are a variety of restaurant to choose from in downtown Redwood City. (Shutterstock)REDWOOD CITY, CA — For those tired of ordering the same thing every time they go out to eat, try out some local restaurants in downtown Redwood City that boast a rotating selection of seasonal choices. From seafood special and Italian class ...
Denny's: America's Diner Can't Catch A Break
Seeking Alpha· 2025-08-08 14:58
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or a ...
Wendy's says it realized it had 'too many' promotions this summer, confusing customers
Business Insider· 2025-08-08 14:53
Core Insights - Wendy's plans to reduce the number of promotions for the remainder of the year after experiencing challenges with too many initiatives during the summer [1][2] - The company reported earnings per share of $0.29, a 7.4% increase year-on-year, and revenue of $560.9 million, a 1.7% decrease, both exceeding analysts' expectations [3] - Foot traffic to Wendy's locations decreased by 3% compared to the same quarter last year, although this was an improvement from a 4.7% decline in Q1 [8] Promotions and Strategy - The interim CEO highlighted that the summer promotions, while appealing, overwhelmed restaurant teams and confused customers [2] - Future focus will be on chicken innovation and a new beverage lineup, including a collaboration with Netflix for the second season of "Wednesday" [3] Technology and Innovation - Wendy's is expanding its use of voice AI for drive-thru orders, aiming to implement this technology in up to 600 restaurants by the end of 2025 [9] - The company has been testing innovative drive-thru solutions, including food delivery robots in underground tunnels [9] Market Reaction - Following the earnings report, Wendy's shares increased by approximately 1.5% [4]
Sweetgreen shares drop 25% after salad chain cuts outlook for the second time in two quarters
CNBC· 2025-08-08 14:22
Sweetgreen shares dropped more than 25% on Friday after the salad chain cut its 2025 outlook for the second quarter in a row, citing issues with its loyalty program, weak consumer sentiment, tariff headwinds and store challenges.For the full-year 2025, Sweetgreen now expects revenue of between $700 million and $715 million, down from its May prediction of $740 million to $760 million and its February outlook of $760 million to $780 million.It also projects negative same-store sales for the full year, estima ...
Countdown to Brinker International (EAT) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
ZACKS· 2025-08-08 14:15
Wall Street analysts forecast that Brinker International (EAT) will report quarterly earnings of $2.43 per share in its upcoming release, pointing to a year-over-year increase of 50.9%. It is anticipated that revenues will amount to $1.43 billion, exhibiting an increase of 18.6% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 0.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have ...
Exploring Analyst Estimates for Red Robin (RRGB) Q2 Earnings, Beyond Revenue and EPS
ZACKS· 2025-08-08 14:15
The upcoming report from Red Robin (RRGB) is expected to reveal quarterly loss of -$0.25 per share, indicating an increase of 47.9% compared to the year-ago period. Analysts forecast revenues of $285.22 million, representing a decline of 5% year over year.Over the last 30 days, there has been an upward revision of 4.3% 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 thi ...