Prosecutors have just revealed this new police body camera video. They say it captures the arrest as it happened. This is actually when the officers are walking in to that McDonald's in Altuna, Pennsylvania.You McDonald's. >> Yeah. Appreciate it.Thank you. Okay. Um, what's your name.>> Uh, Mark. >> What is it. >> Mark. >> Mark.Yes, sir. Mark what. >> Rosario. >> Rosario.Someone called. They thought you were suspicious. Um, did you drive on.Yes. Thought she looked like someone uh killed the run. ...

Core Insights - Cracker Barrel's first quarter results for fiscal 2026 were below expectations due to ongoing challenges, prompting adjustments in operations, menu, and marketing strategies [2][6] - The company is implementing cost-saving initiatives to improve financial performance and is optimistic about regaining momentum despite a slow recovery [2] Financial Performance - Total revenue for the first quarter was $797.2 million, a decrease of 5.7% compared to the prior year [6][16] - GAAP net loss was $24.6 million, compared to a net income of $4.8 million in the same quarter last year [6][17] - Adjusted net loss was $16.4 million, down from an adjusted net income of $10.2 million in the prior year [6][22] - Adjusted EBITDA was $7.2 million, significantly lower than $45.8 million in the previous year [4][25] - GAAP earnings per diluted share were ($1.10), compared to $0.22 in the prior year [6][22] Operational Metrics - Comparable store restaurant sales decreased by 4.7%, while comparable store retail sales fell by 8.5% compared to the previous year [6][7] - The company ended the quarter with total debt of $550.3 million and a consolidated total leverage ratio of 2.8x [6][7] - Available liquidity was reported at $485 million [7] Outlook for Fiscal 2026 - The company revised its total revenue outlook to between $3.2 billion and $3.3 billion, down from a previous estimate of $3.35 billion to $3.45 billion [7] - Adjusted EBITDA guidance was also lowered to a range of $70 million to $110 million, down from $150 million to $190 million [7] - The company anticipates annualized savings of $20 million to $25 million in general and administrative expenses due to corporate restructuring [7][14] Dividend Declaration - The Board of Directors declared a quarterly dividend of $0.25 per share, payable on February 11, 2026, to shareholders of record as of January 16, 2026 [7]

Core Insights - The MICHELIN Guide has released its 2026 edition for Doha, highlighting the city's evolving culinary scene with 12 new restaurant entries, including 9 in the selected category, 8 earning Bib Gourmand distinctions, and 3 receiving One MICHELIN Star awards [2][3][6]. Restaurant Highlights - Alba, located in Katara Towers at Raffles Doha, has been promoted to One MICHELIN Star, showcasing dishes like Barolo-braised veal cheek and shrimp ragù spaghetti, emphasizing high-quality ingredients [5][6]. - Two restaurants, Jamavar and IDAM by Alain Ducasse, have retained their One MICHELIN Star status, reaffirming their excellence in dining [8]. Bib Gourmand Awards - The 2026 edition introduces 4 new Bib Gourmand distinctions, bringing the total to 8 in Doha. Notable new entries include: - Fenyal, a café offering Middle Eastern flavors at affordable prices - Mila, serving Mediterranean and Levantine sharing plates - Berenjak, featuring Persian cuisine - Baron, a Mediterranean fusion restaurant [9][10]. New Restaurant Entries - A total of 44 restaurants are included in the MICHELIN Guide Doha 2026 selection, with 9 new restaurants added. Highlights include: - Em Sherif, a Lebanese restaurant with stunning city views - Carbone Doha, a lively branch of a New York icon - Koo Madame, offering dim sum and hand-pulled noodles - Shanghai Me Doha, blending Chinese and Japanese flavors [11][12][13]. Special Awards - The MICHELIN Guide has recognized outstanding contributions in the culinary industry through its Special Awards: - Young Chef Award to Alba's Chef Cristhian Serraino for his creative and balanced dishes [14]. - Opening of the Year Award to Koo Madame for its distinctive dining experience [15]. - Service Award to Shanghai Me Doha for exceptional and attentive service [16]. - Exceptional Cocktail/Mocktail Award to yūn for its creative tea-based mocktails [17].

First Watch Restaurant Group Conference Summary Company Overview - **Company**: First Watch Restaurant Group (NasdaqGS:FWRG) - **Industry**: Restaurant - **Business Model**: Focuses on breakfast, brunch, and lunch with an elevated offering, operating from 7:00 A.M. to 2:00 P.M. [7][8] Key Highlights - **Growth**: - Increased from approximately 428 restaurants at IPO in 2021 to over 620 restaurants by 2025, achieving about 10% annual growth in restaurant count [7][8] - Adjusted EBITDA has doubled since going public [7] - Personal sales volumes up nearly 50% since 2019, significantly outperforming average casual dining concepts [9][12] - **Operational Efficiency**: - Emphasis on data-driven operations led by the COO, focusing on efficiency and accountability [12][13] - Site selection for new restaurants is informed by data on successful locations, leading to predictable performance [13][14] - **Market Positioning**: - Positioned as a national brand, attracting commercial developers due to vibrant morning foot traffic [14][15] - Marketing initiatives have been piloted and expanded, resulting in improved brand awareness and performance in targeted markets [21] Financial Performance - **Same Restaurant Sales**: Continued positive same restaurant sales growth, with Q3 comps up 7%, exceeding expectations [20] - **Menu Pricing Strategy**: - Average check around $17, with pricing strategy focused on defending margins rather than offsetting all inflation [27][28] - Less pricing taken compared to peers, with a focus on value and customer experience [27][28] - **Food Cost Inflation**: - Food cost inflation projected at around 6% for the year, influenced by commodity prices such as bacon and coffee [30][32] - Potential for slight deflation in 2026, with ongoing discussions with suppliers [34] - **Wage Growth**: - Wage inflation around 4% in 2025, with expectations for stabilization in the future [38][39] - Focus on efficient labor management and leveraging data to optimize staffing [40] Unit Growth and Investment - **Unit Growth Target**: Aiming for over 10% annual growth, with new units opening above existing average unit volumes (AUVs) [42] - **Cash-on-Cash Return**: Targeting around 35% cash-on-cash return, with a structured approach to restaurant construction and investment [46][48] - **Free Cash Flow Outlook**: Operating cash flow is designed to cover new restaurant construction and fleet investments, with a goal to maintain restaurant appearance and appeal [49] Additional Insights - **Customer Experience Enhancements**: Investments made in guest experience, including increased portion sizes and reintroduction of complimentary coffee for waiting guests [23][24] - **Long-term Strategy**: Focus on long-term customer relationships rather than short-term financial targets, emphasizing the "You First" culture [26] This summary encapsulates the key points discussed during the First Watch Restaurant Group conference, highlighting the company's growth, operational strategies, financial performance, and future outlook.

Core Insights - Groupe Partouche reported a consolidated turnover of €460.2 million for fiscal year 2025, reflecting a growth of 6.0% compared to the previous year [4][10] - The Gross Gaming Revenue (GGR) for fiscal year 2025 reached €748.3 million, marking a 5.1% increase from €712.3 million in 2024 [2][10] - The company successfully renovated three major casinos, resulting in significant GGR growth of 20.9%, 17.7%, and 15.0% for Annemasse, Divonne, and La Tour-de-Salvagny respectively [2] Financial Performance - In Q4 2025, GGR increased by 6.4% to €197.8 million compared to €186.0 million in Q4 2024 [2][9] - Annual GGR in France grew by 5.2% to €669.4 million, supported by a 4.9% increase in attendance [2][10] - Net Gaming Revenue (NGR) for the year was €352.4 million, up 4.0% from €338.7 million in 2024 [3][10] Revenue Breakdown - Turnover excluding NGR rose by 12.4% to €110.7 million, driven by non-gaming activities [3][10] - In Q4 2025, total consolidated turnover was €112.4 million, a 5.1% increase from €107.0 million in Q4 2024 [9][12] - The breakdown of turnover by activity in Q4 2025 showed casinos generating €100.0 million, hotels €8.7 million, and other activities €3.8 million [12] Strategic Developments - Groupe Partouche arranged a refinancing syndicated loan totaling €80 million to extend the average maturity of its debt [5][6] - Must Group, a partnership 40% owned by Groupe Partouche, reported a turnover of €5.4 million in its first full year of operation [7] - Upcoming projects include the reopening of Doobie's restaurant and modernization of the Medellín club, aimed at enhancing customer experience [11]

Subway has signed a new master franchise arrangement with Alamtiazat Al Alamyah Food Stuff, granting the company exclusive responsibility for operating and developing all locations of the sandwich chain in Qatar. Alamtiazat Al Alamyah Food Stuff is part of Al Mana International Holding and already runs multiple Subway outlets in the country. It has been involved with the brand locally under a development deal since 2010 and manages a wider portfolio of international quick-service restaurant concepts. Su ...

Summary of Shake Shack Conference Call Company Overview - Shake Shack is in a growth mode, focusing on strategic investments in marketing and restaurant openings to drive revenue and traffic [4][5][6] - The company plans to open 45 to 50 new restaurants this year, the highest number in a single year, with a target of 60 openings next year [5][6] Financial Performance - Shake Shack reported $173 million in EBITDA last year and is guiding for $213 million this year, reflecting a $40 million increase [11] - The company has maintained a disciplined pricing strategy, taking significantly less price increase compared to competitors [11][12] Operational Improvements - Shake Shack has improved operational efficiency by redeploying labor to high-volume periods, resulting in a reduction of service times by over a minute [12] - Team member retention has improved, with average turnover increasing from 90 days to 180 days [12] Marketing Strategy - The company is investing 2.5% to 2.7% of revenue in marketing, which is lower than many competitors, but is focused on targeted, digital marketing strategies in top markets [8][20] - App traffic has increased by 50%, and app downloads have doubled, which will support the upcoming loyalty platform [26] Menu Innovation - Shake Shack emphasizes high-quality ingredients and is committed to menu innovation while maintaining operational efficiency [16][17] - The company is exploring new culinary experiences and has introduced limited-time offers (LTOs) to drive excitement [18] Value Proposition - Shake Shack's pricing strategy remains below industry averages, with single-digit discounts compared to over 40% in the QSR industry [24] - The company aims to attract a broader customer base while maintaining its premium positioning [25] Regional Performance - Strong performance is noted in regions like Florida, Texas, and the Midwest, with new marketing strategies driving growth [30][31] - Shake Shack is evolving its development strategy to focus on high-growth areas outside of New York [31] Supply Chain and Equipment Innovations - The company is working on supply chain improvements and has initiated competitive sourcing to enhance quality and reduce risks [34] - New kitchen equipment is being tested to improve efficiency and service quality [36] International Expansion - Shake Shack is selective in its international partnerships, focusing on quality and customization to fit local markets [41][42] - The introduction of smaller format units is aimed at improving scalability in restrictive real estate markets [43] Conclusion - Shake Shack is strategically positioned for growth with a focus on operational efficiency, targeted marketing, and menu innovation while maintaining a strong value proposition in a competitive landscape [4][5][11][12][20][24][25]

Core Insights - Zacks Premium provides various tools to enhance stock market investment confidence and knowledge [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market [3] Zacks Style Scores Overview - The Zacks Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score [4][5][6][7] - Value Score identifies undervalued stocks using financial ratios [4] - Growth Score focuses on a company's financial health and future growth potential [5] - Momentum Score assesses stocks based on price trends and earnings outlook [6] - VGM Score combines all three styles to provide a comprehensive evaluation of stocks [7] Zacks Rank and Its Importance - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investment decisions [8] - Stocks rated 1 (Strong Buy) have historically outperformed the S&P 500 with an average annual return of +23.93% since 1988 [8] - The Zacks Rank includes a large number of stocks, making it essential to use Style Scores for better selection [9] Investment Strategy - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [10] - Stocks with lower ranks but high Style Scores may still carry risks due to downward earnings forecasts [11] Company Spotlight: BJ's Restaurants - BJ's Restaurants operates a chain of high-end casual dining establishments in the U.S. and currently holds a 3 (Hold) Zacks Rank with a VGM Score of A [12] - The company has a forward P/E ratio of 17.1, indicating attractive valuation metrics for value investors [12] - Recent earnings estimates for fiscal 2025 have been revised upward, with the consensus estimate increasing by $0.02 to $2.19 per share, and an average earnings surprise of +155.6% [13]

Core Insights - McDonald's Corporation is implementing a comprehensive value reset focused on revamped Extra Value Meals (EVMs) to reverse two years of declining traffic among lower-income U.S. consumers [1] - The company aims to make value predictable and compelling to rebuild guest counts by 2026 [1] Group 1: Value Strategy - The relaunch of EVMs at $5 and $8 is a significant effort to repair value perception on the core menu, as previous pricing drifted away from consumer expectations [2] - Franchisees support the necessary changes, and McDonald's is co-investing through early 2026 to alleviate near-term margin pressure while traffic rebuilds [2] Group 2: Market Conditions - Early results show improving value scores and growing awareness, but management notes that momentum will take several quarters to fully materialize [3] - Macro challenges such as rents, food inflation, and childcare costs continue to pressure lower-income consumers, leading to a double-digit decline in QSR visits [3] Group 3: Future Positioning - McDonald's is entering 2026 with stronger value signaling, digital engagement through loyalty programs, and menu innovations, which are expected to support higher-income traffic gains [4] - If inflation moderates and value messaging scales as planned, McDonald's could stabilize and potentially increase guest counts during 2026 [4] Group 4: Competitive Landscape - Competitors like Wendy's and Burger King are also tightening their value strategies in anticipation of strained consumer spending in 2026 [6] - Wendy's focuses on its 4 for $4 and Biggie Bag bundles to provide price certainty, while Burger King emphasizes value in its "Reclaim the Flame" turnaround plan [7][8] Group 5: Financial Performance - McDonald's shares have gained 3% over the past year, contrasting with a 12.5% decline in the industry [9] - The current forward 12-month price-to-earnings ratio for McDonald's is 23.48, slightly lower than the industry's 23.64 [14]

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) will release earnings results for the first quarter after the closing bell on Tuesday, Dec. 9.Analysts expect the company to report a quarterly loss at 68 cents per share, versus a year-ago profit of 45 cents per share. The consensus estimate for Cracker Barrel's quarterly revenue is $802.22 million, compared to $845.09 million a year earlier, according to data from Benzinga Pro.The company has beaten analyst estimates for revenue in only three of the las ...