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Cracker Barrel shareholders vote to keep CEO despite logo debacle
Yahoo Finance· 2025-11-20 17:21
Cracker Barrel shareholders voted Thursday to keep company CEO Julie Felss Masino in place despite a debacle over the company's logo that continues to hurt its sales. But one of the company's directors, Gilbert Davila, resigned from Cracker Barrel's board Thursday after preliminary results indicated that shareholders rejected his reelection. Davila, who joined Cracker Barrel's board in 2020, is the president and CEO of DMI Consulting, a multicultural marketing firm. He reviewed Cracker Barrel's advertisi ...
Why Jack In The Box Stock Popped Today
Yahoo Finance· 2025-11-20 16:24
Key Points Revenue fell year over year but beat the consensus analyst forecast for the key metric. The company expects a significant improvement in same-store sales trends in fiscal 2026. 10 stocks we like better than Jack In The Box › Jack in the Box's (NASDAQ: JACK) shares rose as much as 12% on Thursday after the fast-food chain reported fiscal fourth-quarter results and outlined expectations for fiscal 2026. The stock is still deep in the red for the year, but the latest update appears to have b ...
$12 Burrito Out of Reach — Chipotle CEO Says Fewer Young Americans Dining Out Amid Student Loan Burden, Unemployment
Yahoo Finance· 2025-11-20 16:16
Core Insights - Retail and restaurant chains are experiencing the effects of persistent inflation, particularly as lower-income customers reduce their spending [1] Company Summary: Chipotle Mexican Grill Inc. - Chipotle's stock fell 19% in one day after missing Q3 revenue estimates and lowering its full-year same-store sales forecast [2] - The average cost of a burrito or bowl at Chipotle is approximately $10-$12, and the company is facing challenges as fewer young Americans dine out due to inflation and declining consumer sentiment [2] - CEO Scott Boatwright noted that customers with household incomes below $100,000 account for about 40% of Chipotle's total sales [3] - There is a "broad-based" decline in dining out across all income levels, attributed to a significant drop in consumer sentiment earlier this year [3] - A report indicated that the consumer confidence index fell for the third consecutive month in October, reaching its lowest level in six months [4] - Young Americans aged 25 to 35 are facing challenges such as unemployment, increased student loans, and slower wage growth, impacting their dining habits [4] - Chipotle now anticipates same-store sales to decline in the low-single-digit range in 2025, a revision from its previous forecast of flat sales [5] - The company's shares have decreased by 47% year-to-date [5] - Boatwright stated that younger consumers are opting to eat at home rather than dining out, indicating a shift in consumer behavior due to rising costs [6]
Cracker Barrel Shareholders Show Strong Support for the Company's Director Nominees and Bylaw Amendments, Per Preliminary Results
Prnewswire· 2025-11-20 16:15
Core Points - Cracker Barrel's shareholders voted to elect 9 out of 10 nominees to the Board of Directors during the 2025 Annual Meeting, including CEO Julie Masino [1][3] - The preliminary voting results showed strong support for all proposals, including amendments to the bylaws and executive compensation plans [2][3] - The Board expressed gratitude for shareholder trust and emphasized their commitment to enhancing value and returning the company to growth [5][4] Board Composition - The Board has reduced its size from 10 to 9 directors following the resignation of independent director Gilbert Dávila [1][4] - The elected directors include independent members Carl Berquist, Jody Bilney, Stephen Bramlage, John Garratt, Michael Goodwin, Cheryl Henry, Gisel Ruiz, and Darryl "Chip" Wade [1] Shareholder Engagement - The Board acknowledged the support for bylaw amendments made in response to shareholder feedback from a previous proxy contest with Biglari Capital [4] - The amendments are designed to preserve shareholders' rights to nominate and vote for directors while protecting against proxy system abuses [4] Company Vision - Cracker Barrel aims to maintain its heritage of family-oriented hospitality and high-quality food while focusing on growth and shareholder value [5] - The company operates approximately 660 locations across 43 states and owns the fast-casual Maple Street Biscuit Company [10]
Wall Street Analysts See a 33.5% Upside in El Pollo Loco (LOCO): Can the Stock Really Move This High?
ZACKS· 2025-11-20 15:56
Shares of El Pollo Loco Holdings (LOCO) have gained 7.1% over the past four weeks to close the last trading session at $10.24, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $13.67 indicates a potential upside of 33.5%.The mean estimate comprises three short-term price targets with a standard deviation of $3.79. While the lowest estimate of $11.00 indicates a 7.4% increase from ...
X @Bloomberg
Bloomberg· 2025-11-20 15:20
The top restaurants in Denver include great value sushi, power Italian dining and a superior Southern food and drinks spot https://t.co/XF7VQyYPOm ...
Jack In The Box Analysts Slash Their Forecasts After Downbeat Earnings - Jack In The Box (NASDAQ:JACK)
Benzinga· 2025-11-20 14:06
Jack In The Box, Inc. (NASDAQ:JACK) posted weaker-than-expected fourth-quarter earnings after Wednesday’s closing bell.Jack In The Box reported quarterly earnings of 30 cents per share, which missed the analyst estimate of 45 cents. Quarterly revenue came in at $326.19 million, which beat the analyst estimate of $319.65 million, but was down from revenue of $349.29 million from the same period last year."While performance in the fourth quarter did not meet our expectations, we remain focused on restoring po ...
Jack In The Box Analysts Slash Their Forecasts After Downbeat Earnings
Benzinga· 2025-11-20 14:06
Jack In The Box, Inc. (NASDAQ:JACK) posted weaker-than-expected fourth-quarter earnings after Wednesday’s closing bell.Jack In The Box reported quarterly earnings of 30 cents per share, which missed the analyst estimate of 45 cents. Quarterly revenue came in at $326.19 million, which beat the analyst estimate of $319.65 million, but was down from revenue of $349.29 million from the same period last year."While performance in the fourth quarter did not meet our expectations, we remain focused on restoring po ...
Chipotle (NYSE: CMG) Stock Price Prediction and Forecast 2025-2030 (Nov 2025)
247Wallst· 2025-11-20 14:05
Core Insights - Chipotle Mexican Grill Inc. has reduced its full-year forecast for same-store sales due to shifts in consumer spending patterns [1] Company Summary - The company reported its third-quarter earnings, indicating a need to adjust expectations for same-store sales growth [1]