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Eddie Bauer and Pizza Hut lead a parade of retail and food chain closings
Yahoo Finance· 2026-02-05 14:24
The gloomy jobs news that kicked off 2026 is set to become even worse in the months ahead as a major retail name and a restaurant chain are expected to close all U.S. locations and another major restaurant group plans to close more than 100 of its stores. Eddie Bauer is reportedly planning to file for bankruptcy, which would likely mean the closure of most, if not all, of the brand's roughly 200 stores in the U.S. and Canada. As that situation evolves, Olive Garden parent company Darden Restaurants has ann ...
RAVE Restaurant Group, Inc. Reports Second Quarter 2026 Results
Globenewswire· 2026-02-05 14:01
Core Insights - RAVE Restaurant Group, Inc. reported its financial results for the second quarter of fiscal 2026, marking the 23rd consecutive quarter of profitability, driven by the execution of its Mission 2030 strategy [3][5]. Financial Performance - The company recorded a net income of $0.6 million for the second quarter of fiscal 2026, representing a 4.9% increase from the same period in the previous year [5]. - Income before taxes increased by 12.1% to $0.8 million compared to the same period of the prior year [5]. - Total revenue rose by $0.2 million to $3.0 million, reflecting a 6.0% increase year-over-year [5]. - Adjusted EBITDA increased by $0.1 million to $0.9 million, a 5.3% increase from the same period last year [5]. - On a fully diluted basis, net income per share remained at $0.04, consistent with the same period of the prior year [5]. Brand Performance - Pizza Inn experienced a 2.5% increase in domestic comparable store retail sales in the second quarter, following an 8.1% growth in the first quarter [5]. - Pie Five's domestic comparable store retail sales decreased by 1.5% in the second quarter compared to the same period last year [5]. - The company opened three new Pizza Inn buffet restaurants in the second quarter, the first such openings in over 20 years, indicating a strong commitment to growth [4]. Liquidity and Balance Sheet - Cash and short-term investments totaled $10.9 million as of December 28, 2025 [5]. - The company maintains a solid balance sheet with no debt and high liquidity, positioning it well for future growth [6]. Strategic Initiatives - The management team is focused on improving Pie Five's performance through new advertising, product innovation, operational efficiency, and pricing initiatives [5].
It’s Flat Out Delicious! Fatburger Introduces All-New Flatburger
Globenewswire· 2026-02-05 14:00
Award-Winning Burger Chain Unveils Smash Style Burger with a Twist for Limited-Time LOS ANGELES, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Fatburger, the all-American burger chain owned by FAT Brands Inc., is sizzling with the addition of a new burger to its menu line-up, the Flatburger. Available now through June 30 at participating locations, the latest burger creation further underscores the brand’s commitment to delivering flat-out delicious, high-quality offerings to its fans. The Flatburger is loaded with fla ...
Single Life Just Got Better: Wendy's Celebrates Singles Awareness Day with a $1 Dave's Single
Prnewswire· 2026-02-05 13:30
Core Idea - Wendy's is promoting a special offer of a $1 Dave's Single cheeseburger on Singles Awareness Day, February 15, available through the Wendy's app [1][2][3] Group 1: Offer Details - The $1 Dave's Single cheeseburger is available with a purchase through the Wendy's app on February 15 [1][2] - The offer is valid for one day only at participating Wendy's locations across the U.S. [2][3] - Customers must download the Wendy's app and register an account to redeem the offer [3] Group 2: Product Information - The Dave's Single features a quarter pound of fresh, never frozen beef, topped with American cheese, lettuce, tomato, pickles, onions, ketchup, and mayo on a toasted bun [1][3] - The product has been a reliable menu item since its introduction in 1969 [3] Group 3: Market Reach - Fresh beef is available in the contiguous U.S., Alaska, Canada, Mexico, Puerto Rico, the UK, and other select international markets [4]
Cheesecake Factory Tops A Buy Point As Profit Growth Rate Accelerates
Investors· 2026-02-05 12:30
Core Insights - Cheesecake Factory (CAKE) has recently traded as high as 61.96, surpassing a buy point of 61.75, indicating a strong performance in a 134-day cup-with-handle base [1] - The stock closed at 61.82, remaining within a buy zone, which suggests potential for further gains [1] - The company received an upgrade in its Relative Strength (RS) Rating from 68 to 72, indicating that its stock performance is better than 72% of its peers [1] Related News - Cheesecake Factory's IBD SmartSelect Composite Rating increased to 96, up from 94 the previous day, reflecting improved overall performance metrics [1]
Morgan Stanley Maintains Overweight Rating On Dutch Bros (BROS) Following 2026 Sector Outlook Note
Yahoo Finance· 2026-02-05 12:20
Group 1 - Dutch Bros Inc. is projected to double by 2030, with Morgan Stanley lowering its price target to $82 from $84 while maintaining an Overweight rating [1] - TD Cowen approved Dutch Bros' acquisition of Clutch Coffee, enhancing its presence in the Southeast and accelerating regional expansion, with a Buy rating and a price target of $73 [2] - Barclays raised the price target for Dutch Bros to $76 from $72, maintaining an Overweight rating, while noting ongoing sales difficulties in the industry [3] Group 2 - Dutch Bros operates and franchises drive-thru coffee shops in the US through various segments including Company-Operated Shops and Franchising [4]
Wall Street Breakfast Podcast: Alphabet’s Growth, Capex Bill
Seeking Alpha· 2026-02-05 11:32
分组1: Alphabet (GOOG) Earnings - Alphabet reported an 18% increase in revenues, reaching $113.8 billion, surpassing expectations of $111.5 billion, driven by growth in Google Services and Google Cloud [3] - CEO Sundar Pichai indicated that capital expenditures for 2026 are projected to be between $175 billion and $185 billion, significantly higher than Bloomberg's estimate of $119.5 billion [3] - Capital expenditures for 2025 were reported at $91.5 billion, aligning with previous guidance of $91 billion to $93 billion [4] 分组2: Qualcomm (QCOM) Earnings - Qualcomm's adjusted earnings were $3.50 per share with a revenue increase of 5% year-over-year to $12.25 billion, slightly above the expected revenue of $12.2 billion [5] - For the upcoming second quarter, Qualcomm expects adjusted earnings between $2.45 and $2.65 per share, with revenue forecasted between $10.2 billion and $11 billion, missing analyst expectations of $2.90 per share and $11.1 billion in revenue [5] - The guidance reflects the impact of memory supply constraints and pricing on demand from several handset customers [6] 分组3: Yum! Brands (YUM) Strategy - Yum! Brands announced the closure of approximately 250 underperforming Pizza Hut locations in the U.S. as part of a portfolio cleanup, with a total of 19,974 Pizza Hut locations globally at the end of Q4 [6] - The closures are focused on weaker-performing locations rather than a broad brand retrenchment, as Pizza Hut division sales declined by 5% in Q4, including a 1% drop in same-store sales [7] - The "Hut Forward" plan aims to revitalize the brand through enhanced marketing, technology modernization, and new franchise agreements [8]
X @The Motley Fool
The Motley Fool· 2026-02-05 11:00
$100 invested in McDonald’s in 1965 is generating $20,000 in dividends each year today.A 200x return. Every year. Just from dividends. ...
Yum! Brands posts double-digit profit growth in Q4 2025
Yahoo Finance· 2026-02-05 10:17
Financial Performance - Yum! Brands reported a 27% increase in fourth-quarter 2025 net income, rising to $535 million from $423 million a year earlier [1] - Revenue for Q4 2025 was $2.51 billion, up 6% from $2.36 billion in Q4 2024 [1] - Global system sales in the quarter rose 5%, with Taco Bell leading at 8% growth and KFC at 6% [1][3] Expansion and Growth - The company opened 1,814 gross units in the quarter, translating to 3% year-on-year unit growth [2] - KFC accounted for the majority of the expansion with 1,132 gross restaurant openings, while Taco Bell added 228 new outlets [2] - For the full fiscal year 2025, Yum! Brands opened 4,567 gross units [3] Digital Sales and Profitability - Digital system sales in Q4 exceeded $11 billion, with digital channels accounting for nearly 60% of system sales [2] - GAAP earnings per share (EPS) were $1.91 for the quarter, while EPS excluding special items was $1.73 [3] Strategic Focus and Future Plans - CEO Chris Turner highlighted strong fundamentals at KFC and Taco Bell, with a focus on accelerating long-term growth through the "Raise the Bar" priorities [4] - The board approved a dividend of $0.75 per share, marking a 6% increase [4] - A strategic review of the Pizza Hut brand is expected to be completed this year, which may involve shutting down 250 underperforming stores in the US in the first half of 2026 [4][5]
McDonald’s appoints field, finance execs
Yahoo Finance· 2026-02-05 09:59
This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter. Dive Brief: McDonald’s is promoting Luis Quintiliano, its managing director in Spain, to U.S. national field president, the company announced Thursday. The Golden Arches will also rotate two finance executives into each other’s positions: Loek Beckers will serve as senior vice president, chief financial officer for McDonald’s USA, while Tom Dillon will become ...