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Biglari Capital Highlights Support of Retail Shareholders Against the CEO
Prnewswire· 2025-11-21 14:00
Core Viewpoint - The majority of retail investors at Cracker Barrel Old Country Store, Inc. expressed their disapproval of CEO Julie Felss-Masino, indicating a lack of confidence in her leadership and calling for her removal [1]. Group 1: Shareholder Sentiment - Retail shareholders overwhelmingly voted against the reelection of CEO Julie Felss-Masino, reflecting their dissatisfaction with her performance and the company's direction [1]. - Biglari Capital argues that the current CEO has not been effective, leading to negative customer traffic, which is expected to continue unless there is a leadership change [1]. Group 2: Index Fund Voting Dynamics - The voting behavior of index funds diverged from that of retail investors, as index funds often delegate voting power to governance departments, which may not align with the economic interests of their clients [1]. - There is a call for index funds to align their voting practices with the interests of non-passive investors, ensuring that the question of leadership effectiveness is adequately addressed [1]. Group 3: Recommendations from Proxy Advisory Firms - Independent proxy advisory firms, including ISS, Glass Lewis, and Egan-Jones, have concluded that a change in leadership is warranted at Cracker Barrel and have recommended voting against the company's nominees [4].
Here’s What Pulled Back Shake Shack (SHAK) in Q3
Yahoo Finance· 2025-11-21 13:48
Madison Investments, an investment advisor, released its “Madison Small Cap Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The third quarter was difficult for the Small Cap Fund. The small-cap index’s performance was broad-based. The Madison Small Cap Fund (class Y) was down 1.3% in the quarter, significantly underperforming the benchmarks. The underperformance was driven by stock selection and exacerbated by a very speculative market. In addition, please check the f ...
Alphabet, Welltower And A Consumer Cyclical Stock On CNBC's 'Final Trades' - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)
Benzinga· 2025-11-21 13:00
On CNBC's “Halftime Report Final Trades,” on Thursday, Bryn Talkington, managing partner of Requisite Capital Management, named Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) as her final trade.Shares of Magnificent Seven stock Alphabet have soared to new all-time highs in recent days and posted an impressive gain of 54% year-to-date in 2025. Investors in the tech giant are sitting on remarkable gains, including the company’s co-founders, who are now among the wealthiest people in the world.Stephanie Link, chie ...
Jim Cramer Says “We’ve Been Legging Into Starbucks at Enticing Price Levels”
Yahoo Finance· 2025-11-21 10:03
Starbucks Corporation (NASDAQ:SBUX) is one of the stocks Jim Cramer put under the spotlight. Cramer mentioned the company during the episode, as he stated: “These days, you can use a sale like the one we are experiencing, and I don’t think it’s necessarily over, we’re not that oversold, to pick up stocks of high-quality companies that are outside the blast zone of the data center… As long as you don’t do it all at once and as long as you buy small… Pixabay/Public Domain Starbucks Corporation (NASDAQ:S ...
佛山市南海区蜕变咖啡店(个体工商户)成立 注册资本1万人民币
Sou Hu Cai Jing· 2025-11-21 09:17
天眼查App显示,近日,佛山市南海区蜕变咖啡店(个体工商户)成立,注册资本1万人民币,经营范 围为许可项目:餐饮服务;食品销售;食品互联网销售。(依法须经批准的项目,经相关部门批准后方 可开展经营活动,具体经营项目以相关部门批准文件或许可证件为准)一般项目:食品销售(仅销售预 包装食品);食品互联网销售(仅销售预包装食品);外卖递送服务。(除依法须经批准的项目外,凭 营业执照依法自主开展经营活动)。 ...
Yum! Brands, Inc. Declares Quarterly Dividend of $0.71 Per Share
Businesswire· 2025-11-20 21:30
Core Viewpoint - Yum! Brands, Inc. has declared a quarterly dividend of $0.71 per share, reflecting the company's commitment to returning value to its shareholders [1] Group 1 - The declared dividend of $0.71 per share indicates a consistent approach to shareholder returns [1] - This dividend reflects the company's financial health and operational performance in the current market environment [1]
Darden Restaurants to Host Fiscal 2026 Second Quarter Conference Call on December 18
Prnewswire· 2025-11-20 21:15
Accessibility StatementSkip Navigation Darden Restaurants Reports Fiscal 2026 First Quarter Results; Declares Quarterly Dividend; And Updates Fiscal 2026 Financial Outlook Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the first quarter ended August 24, 2025. First Quarter 2026 Financial... ORLANDO, Fla., Nov. 20, 2025 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) plans to release its fiscal 2026 second quarter financial results before the market opens on Thursday, Dece ...
Starbucks union escalates strike across the U.S.
CNBC Television· 2025-11-20 20:45
The union is now one week into its open-ended strike, adding more than two dozen new cities to reach 65 in total and increasing its store count to 95 as the company's holiday sales season gets into full swing. Baristas and Allies also held a rally outside of the company's distribution center in York, Pennsylvania yesterday. Starbucks said there were not disruptions to its operations there.Workers United, which represents 11,000 workers at 550 stores, has threatened to make this the largest and longest strik ...
X @Forbes
Forbes· 2025-11-20 20:12
It’s no surprise that Italian cuisine is breaking records, proudly leading as the world’s second most Michelin-starred nation after France, with an extraordinary 394 starred restaurants. https://t.co/xrLNK1S2bQ (Photo: Dorchester Collection) https://t.co/61GuNua6Ct ...
Cracker Barrel shareholders ax DEI specialist over logo flap, spare CEO
New York Post· 2025-11-20 20:03
Core Insights - Cracker Barrel shareholders voted to oust board member Gilbert Dávila due to a branding crisis that resulted in a significant loss of company value, while CEO Julie Felss Masino retained her position [1][4][16] Group 1: Branding Crisis - The crisis was triggered by Masino's decision to replace the iconic "Old Timer" logo, leading to a political backlash and alienation of core diners, which caused a decline in traffic and share prices [1][6][8] - Following the rebranding, Cracker Barrel experienced an 8% drop in traffic and a nearly 10% decline in shares on a single day, with overall shares tumbling more than 50% from mid-August highs [8][9] - The company lost market share among its core Republican diner base, falling from the fastest-growing breakfast brand to last place [9] Group 2: Shareholder Actions - Activist investor Sardar Biglari criticized both Masino and Dávila for the rebranding and alleged years of mismanagement, leading to a proxy battle [2][13] - Advisory firms ISS and Glass Lewis recommended voting against Dávila, citing failures in board oversight related to the rebranding [16] - Dávila's removal from the board reduced its size to nine directors, leaving Masino in full control of the recovery efforts [5][16] Group 3: Company Response - Masino defended the new logo as a practical upgrade for highway visibility and acknowledged the misstep during a September earnings call, promising to embrace the brand's nostalgia [5][13] - Despite the backlash, Masino's leadership was spared in the shareholder vote, indicating a divided opinion among shareholders regarding the company's direction [4][16]