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Starbucks CEO is accelerating the rollout of its new operating model: Morgan Stanley's Brian Harbour
CNBC Television· 2025-07-30 12:59
Starbucks's CEO Brian Nichols saying the coffee chain's turnaround is quote ahead of schedule despite the company reporting its sixth straight quarter of declining same store sales. Joining us right now with more on the quarter is Brian Harbor. He's US restaurants analyst at Morgan Stanley.Good morning to you. We're looking at the stock now about 98 bucks. Is this ahead of schedule in your mind.>> Well, look, I think there's no denying that the numbers are still tough here, but what what suggests that it's ...
Noodles & Company Unveils Delicious Duos: Perfectly Portioned Combos, Priced Right and Served All Day
Prnewswire· 2025-07-30 12:00
It's the perfect time to mix and match Noodles' best-sellers, like bold Rigatoni Rosa with Parmesan Chicken, tangy Pulled Pork BBQ Mac & Cheese, or nutty and aromatic Pad Thai, with a perfectly paired side. "We created Delicious Duos to give our guests more of what they love: variety, flavor, and value," said Stephen Kennedy, executive vice president and head of marketing at Noodles & Company. "Our guests are looking for options that satisfy without going overboard, whether it's lunchtime, dinnertime, or so ...
X @Forbes
Forbes· 2025-07-30 11:48
New York Restaurants August 2025: Where To Go https://t.co/iDU0YmItAw ...
美国餐饮运营商Wingstop盘前股价涨超9%
news flash· 2025-07-30 11:45
美国餐饮运营商Wingstop盘前股价涨超9%。此前,其二季度调整后每股收益超出市场预期。 ...
Wingstop Inc. Reports Fiscal Second Quarter Financial Results
Prnewswire· 2025-07-30 11:30
Core Insights - Wingstop Inc. reported strong financial results for the fiscal second quarter of 2025, showcasing significant growth in unit openings and sales metrics [1][2][3] Financial Performance - Total revenue increased to $174.3 million, up from $155.7 million in the prior year, representing a 12.0% growth [5][7] - System-wide sales rose by 13.9% to $1.34 billion, driven by new restaurant openings and increased sales [7][16] - Net income decreased by 2.6% to $26.8 million, with adjusted net income increasing by 1.6% to $27.9 million [7][29] - Adjusted EBITDA grew by 14.3% to $59.2 million, reflecting improved operational efficiency [7][34] Operational Highlights - The company opened 129 net new restaurants, achieving a 19.8% growth in units, marking the fourth consecutive quarter of over 100 net openings [3][11] - The total number of system-wide restaurants reached 2,818, with 2,357 domestic franchise locations and 407 international franchise locations [4][11] - Domestic average unit volume (AUV) increased to $2.1 million, while domestic same-store sales decreased by 1.9% [4][7] Cost Management - Cost of sales was $24.4 million, with a decrease in the cost of sales as a percentage of company-owned restaurant sales to 75.2% from 75.9% [6][31] - Selling, general & administrative expenses rose to $32.9 million, primarily due to increased headcount and system implementation costs [8][29] Dividend Announcement - The board of directors approved an increase in the quarterly dividend from $0.27 to $0.30 per share, totaling approximately $8.4 million to be paid on September 5, 2025 [12]
Wall Street Breakfast Podcast: Starbucks Perks Up After Turnaround Update
Seeking Alpha· 2025-07-30 11:09
bgwalker Listen below or on the go on Apple Podcasts and Spotify Starbucks (SBUX) outlines acceleration of Green Apron Service to all U.S. stores by mid-August, signals $0.5B labor investment for FY26. (00:20) Tsunami alerts for US West Coast after major earthquake off Russia's Far East. (01:59) Strategy (MSTR) buys $2.4B in bitcoins using proceeds from preferred stock sale. (02:52) Starbucks is on our biggest movers list. Shares are up 5% premarket. The company reported better-than-feared FQ3 results, driv ...
X @Forbes
Forbes· 2025-07-30 10:50
New York Restaurants August 2025: Where To Go https://t.co/cG8WrDLruL https://t.co/cG8WrDLruL ...
X @Forbes
Forbes· 2025-07-30 10:40
New York Restaurants August 2025: Where To Gohttps://t.co/58HOAZHRsu https://t.co/ZwEOr1OSyE ...
DURING THE HEIGHT OF WEDDING SEASON, PIZZA HUT® HOOKS WEDDINGS UP WITH MORE OF WHAT THEY LOVE WITH THE LAUNCH OF "THE AFTER PIZZA CAKE" SWEEPSTAKES
Prnewswire· 2025-07-30 10:00
Core Concept - Pizza Hut is launching "The After Pizza Cake" sweepstakes to capitalize on wedding trends, offering a unique pizza wedding cake experience during the wedding season [1][2][5] Group 1: Product Offering - The After Pizza Cake is a three-tiered pizza cake made from the Hut Lover's Line, designed to be a centerpiece for weddings [2][3] - The Hut Lover's Line features a limited-time menu with pizzas priced at $12.99 for a large pizza, including varieties like Spicy Hawaiian Lover's, Meat Lover's, Pepperoni Lover's, and Veggie Lover's [5][8] Group 2: Market Trends - Studies indicate that 90% of couples enjoy the idea of late-night snacks at weddings, making pizza a popular choice for receptions [2][6] - The initiative aligns with the growing trend of incorporating unique food experiences into wedding celebrations [2] Group 3: Marketing Strategy - The campaign aims to enhance the wedding experience by providing memorable surprises, such as the pizza wedding cake, appealing to couples looking for innovative catering options [5] - Pizza Hut is also promoting a chance to win a trip to Hawaii, targeting couples at various stages of their relationships [4][5] Group 4: Company Background - Pizza Hut, a subsidiary of Yum! Brands, operates nearly 20,000 restaurants globally and is known for its innovative pizza offerings [8] - The brand has a strong digital presence, with over half of its transactions coming from digital orders, reflecting its commitment to technology and customer engagement [8]
星级酒店摆摊,老牌酒楼扎堆卖快餐,释放了什么信号?
3 6 Ke· 2025-07-30 09:05
Core Insights - The article highlights the emergence of budget-friendly dining options from traditional high-end restaurants, indicating a significant shift in the restaurant industry due to economic pressures and changing consumer behavior [1][9]. Group 1: Company Developments - "Yanyangtian," a well-known restaurant brand in Hubei, has launched a fast-food canteen offering over 50 dishes, with prices starting as low as 1.5 yuan, contrasting sharply with its previous high-end image [1][2]. - The new canteen, named "Yanyangtian Neighborhood Canteen," is located next to its existing high-end restaurant and is designed to cater to local communities, including nearby schools and residential areas [2][6]. - The canteen's pricing strategy includes dishes that are significantly cheaper than those at its upscale counterparts, with some items priced 30-40% lower [4]. Group 2: Industry Trends - A trend is emerging where traditional restaurants are adopting lower-priced fast-food models, with several well-established brands, such as "Ice Fire Tower" and "Guangzhou Restaurant," launching similar initiatives [7][8]. - The restaurant industry is facing a crisis, with many long-standing establishments closing down due to rising operational costs, declining demand, and outdated business models [9][10]. - The marriage market, a significant source of revenue for traditional restaurants, is shrinking, as evidenced by a 20.5% decrease in marriage registrations in 2024 compared to 2023, leading to a decline in banquet business [10][12]. - The shift towards fast food by traditional restaurants is seen as a necessary adaptation to survive in a changing market, although the long-term viability of this strategy remains uncertain [12][13].