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Bloomberg· 2025-07-03 14:11
Fine-dining kitchens are reliant on the convenience of plastic. Now, one chef has decided to banish it from his restaurant https://t.co/MVzO8DJFeR https://t.co/6Lo68tMehB ...
Breakout in progress on Toast, says Josh Brown
CNBC Television· 2025-06-24 17:27
You know, there's another stock that's uh been doing well. It's uh Toast is your That's your stock, too. It's up four and a half% this week.20 almost 22% uh year to date. You got a you got a breakout on your hands, right. Yeah.$25 billion market cap. This is uh recently added to my best stocks in the market list. We wrote it up for CNBC Pro the other day.This is a stock that's about to make a 52- week high in my opinion. 45 had it hit in the middle of May, backed off on low volume. That's exactly the setup ...
Flow Capital Announces US$1.5M Follow-On Investment in Tattle
Globenewswire· 2025-06-23 11:15
Core Insights - Flow Capital Corp. has made a follow-on investment of $1.5 million in GetTattle Inc., increasing its total investment in the company to $5.5 million, indicating strong confidence in Tattle's potential and market opportunity [1][2] - The additional funding will support Tattle's growth, particularly through the launch of its AI Coach features, and will help expand its presence in key enterprise sectors [2] - Tattle has appointed Kevin Quinn, a seasoned finance executive with extensive experience in technology and consumer sectors, to its Board of Directors, which may enhance its strategic direction [3] Company Overview - Tattle is a leading Customer Experience Improvement (CXI) platform designed for multi-unit hospitality brands, currently active in over 15,000 restaurant locations, including well-known brands like Chili's and Hooters [5] - The platform integrates with restaurant technology to connect brands with guests, translating feedback into actionable insights to improve guest satisfaction and revenue [5] - Flow Capital Corp. provides flexible growth capital and alternative debt solutions to high-growth companies, focusing on revenue-generating, VC-backed, and founder-owned businesses seeking $2 to $10 million in funding [6]
Restaurant Stocks Struggle: 3 Companies are Defying the Odds
ZACKS· 2025-06-20 14:51
Industry Overview - The restaurant industry has faced disappointment over the past three months, with industry stocks collectively slipping 2%, while the S&P 500 advanced 5.5% [1] - High costs and sluggish foot traffic continue to pressure margins and momentum within the industry [1] Traffic and Pricing Challenges - A rapid increase in menu prices is the primary reason behind the erosion of customer traffic, leading to challenges in maintaining customer counts as consumers express frustration with rising prices [2] Standout Performers - Despite the overall industry decline, Cracker Barrel Old Country Store, Inc. (CBRL) has increased by 46.2%, Shake Shack Inc. (SHAK) by 41.7%, and Wingstop Inc. (WING) by 62.6% over the same period, driven by brand loyalty, strategic innovation, and investor optimism [3] Company-Specific Insights Cracker Barrel - Cracker Barrel is benefiting from menu innovation, digital initiatives, and strategic remodels, with a 1% increase in comparable-store restaurant sales in the fiscal third quarter, marking the fourth consecutive quarter of positive growth [8] - Earnings estimates for fiscal 2025 and 2026 have risen by 9.9% and 8.4% to $3.10 and $3.48 per share, respectively, indicating strong momentum [9] Shake Shack - Shake Shack's growth is driven by enhanced operations, menu innovation, and store openings, with plans to open 45-50 company-operated Shacks this year [11] - Earnings estimates for 2025 and 2026 have been revised upward by 6.3% and 9.6% to $1.34 and $1.71 per share, respectively [12] Wingstop - Wingstop is experiencing growth from expansion efforts and a new kitchen operating platform, with international expansion becoming a significant growth driver [14] - Earnings estimates for 2025 and 2026 have seen upward revisions of 6.8% and 5% to $3.90 and $5.03 per share, respectively [16] Summary of Opportunities - Cracker Barrel, Shake Shack, and Wingstop are demonstrating strong brand execution and strategic innovation, trading above their 50-day moving averages, indicating solid technical strength [17] - Rising earnings estimates and clear growth strategies position these stocks as compelling opportunities despite a challenging macroeconomic backdrop [18]
#RedLobster's new #CEO on renewed focus on #hospitality
Bloomberg Television· 2025-06-18 10:26
The most important thing is we want to remember what made Red Lobster great in the first place. Right. Red Lobster has been a staple for 60 years and became the largest restaurant company in the world by focusing on three things.One is incredible food. Two is great service and hospitality. And three is an amazing ambiance for our guests to enjoy themselves in.So, we're focused on all three to make sure we can restore Red Lobster to uh being the greatest restaurant company in the world. I mean, I know food i ...
