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How Open Text, Restaurant Brands, And Essential Utilities Can Put Cash In Your Pocket
Yahoo Finance· 2025-11-27 03:01
Core Viewpoint - Companies with a strong history of dividend payments and increases are attractive to income-focused investors, with Open Text, Restaurant Brands, and Essential Utilities recently announcing dividend hikes and offering yields over 3% [1] Open Text - Open Text Corp. is an information management software company that assists businesses in organizing, storing, and protecting data [2] - The company has raised its dividend for 12 consecutive years, with a recent increase of 5% to $0.2750 per share, translating to an annual payout of $1.10 per share [3] - The current dividend yield for Open Text is 3.30% [3] - As of September 30, the company's annual revenue was $5.19 billion, and it reported Q1 2026 revenues of $1.29 billion and EPS of $1.05, both exceeding consensus estimates [4] Restaurant Brands International - Restaurant Brands International Inc. operates well-known quick-service restaurant brands including Tim Hortons, Burger King, Popeyes, and Firehouse Subs [5] - The company has increased its dividends for 10 consecutive years, with a recent hike from $0.58 to $0.62 per share, equating to an annual payout of $2.48 per share [6] - The current dividend yield for Restaurant Brands is 3.65% [6] - As of September 30, the company's annual revenue was $9.26 billion, and it reported Q3 2025 EPS of $1.03 and revenues of $2.45 billion, both surpassing consensus estimates [7] Essential Utilities - Essential Utilities Inc. provides water, wastewater, and natural gas services in the U.S. [7] - The company has increased its dividends for 34 consecutive years, with a recent hike of 5.25% to $0.3426 per share, resulting in an annual payout of $1.37 per share [8] - The current dividend yield for Essential Utilities is 3.54% [8]
X @Forbes
Forbes· 2025-11-26 18:01
New York has long made the restaurant experience great again and again. Our stellar team of ever-discerning tasters unveil their list of where you can enjoy the city’s most savory comestibles. https://t.co/Q2LV4zGbop📸: Saint Urban; Frevo; Maison Passerelle https://t.co/OkviwNCUlS ...
Wingstop hits 3,000th restaurant milestone
Yahoo Finance· 2025-11-26 17:23
Core Insights - Wingstop is on track to become a top 10 global restaurant brand, having opened its 3,000th location and aiming for over 10,000 restaurants worldwide [1][3] - The company has experienced significant growth, opening nearly 800 restaurants and expanding its global footprint by 50% in the last two years [1][3] - In the most recent quarter, Wingstop opened 114 restaurants, indicating a strong growth trajectory [1][3] Expansion and Market Presence - Wingstop has entered six new markets, including Australia, Bahrain, Kuwait, Puerto Rico, Saudi Arabia, and The Netherlands, now operating in 47 U.S. states and 15 countries [2] - The company plans to expand into Thailand, Italy, and Ireland soon, further enhancing its international presence [2] Financial Performance and Unit Economics - The company reported average unit volumes of $2.1 million domestically, with unlevered cash-on-cash returns exceeding 70% on an average upfront investment of $500,000 [4] - Over 70 unique brand partners opened Wingstop locations in over 100 different markets across the U.S. in the most recent quarter, showcasing strong demand for unit growth [4][5] - The attractiveness of Wingstop's unit economic model is reflected in the continued commitment from brand partners [5]
Photos show what it was like to eat at McDonald's in the 1980s
Business Insider· 2025-11-26 15:08
Core Insights - McDonald's has evolved significantly since its inception, becoming a global fast-food leader with over 38,000 locations in more than 100 countries and generating $25.92 billion in revenue in the 2024 fiscal year [2] Historical Growth - The first McDonald's franchise was opened by Ray Kroc in Des Plaines, Illinois, on April 15, 1955, leading to the establishment of McDonald's Corporation [1] - By 1989, systemwide sales reached $17.3 billion, with international sales growing from $900 million in 1979 to $5.3 billion in 1989 [2] Menu Development - The 1980s saw the introduction of several iconic menu items, including Chicken McNuggets in 1983, which became an immediate hit as customers sought leaner protein options [23][28] - The menu had expanded significantly since the 1960s, with the introduction of items like the Filet-O-Fish in 1965, Big Mac in 1968, and Happy Meals in 1979 [21][22] Restaurant Design and Experience - The original McDonald's restaurant design featured a red-and-white color scheme and the now-iconic golden arches, which were added to enhance the building's appearance [6] - By the 1980s, many locations had modernized their designs, while some retained the classic look, showcasing a blend of historical and contemporary architecture [4][10] Cultural Impact - McDonald's became a symbol of American culture in the 1980s, with marketing campaigns linked to events like the 1984 Olympic Games, where customers could win free food based on Olympic outcomes [36][37] - The brand's popularity was further highlighted by notable figures, including President Ronald Reagan, who was photographed enjoying a Big Mac during a campaign stop in 1984 [41][42]
Denny's Canada sadly confirms the long-term closure of its Barrie location
Globenewswire· 2025-11-26 14:32
Core Points - Denny's Canada has announced the long-term closure of its Barrie location due to unresolved issues with the franchisee and landlord [2] - The company expresses disappointment but remains proud of the experiences created and appreciates the local community's support [3] - Denny's Canada is committed to regional growth across Ontario and nationally, with confidence in the brand's strength and potential in the East Coast market [3] Company Overview - Denny's Canada, acquired by Northland Properties Corporation in 1992, is a well-known hospitality brand in Canada, operating alongside other brands like Chop Steakhouse & Bar and Sandman Hotel Group [6] - The company operates and franchises 87 restaurants nationally, known for guest satisfaction and a diverse menu of high-quality food at competitive prices [7] - Denny's Canada maintains locations in cities such as Toronto, Mississauga, and Vaughan, ensuring continued service to residents and visitors [5]
Fairfax buys MW Eat with plans for expansion
Yahoo Finance· 2025-11-26 14:23
Core Insights - Canadian investment group Fairfax Financial Holdings has acquired UK restaurant operator MW Eat, signaling plans for international expansion [1][2] - The founders of MW Eat will remain involved in the company and collaborate with Fairfax during the transition [2] - Fairfax is expected to invest further capital to support MW Eat's growth and explore new restaurant concepts [3][4] Company Overview - MW Eat operates several well-known Indian restaurants in London, including Amaya, Veeraswamy, Chutney Mary, and Masala Zone [1] - The company was founded by Namita Panjabi and Ranjit Mathrani in 1990, with Camellia Panjabi joining in 2001 [2] Strategic Plans - Fairfax aims to leverage its experience in India to enhance MW Eat's development strategy, having previously invested in various Indian ventures [4] - The acquisition is viewed as a transformative opportunity for MW Eat, aligning with its heritage and future ambitions [2][3] Market Context - The acquisition occurs amid challenges for Veeraswamy, one of the UK's oldest Indian restaurants, which is contesting a lease extension decision by The Crown Estate [5]
El Pollo Loco Is Celebrating “12 Days of Pollo” with Delicious Deals
Globenewswire· 2025-11-26 14:01
Core Points - El Pollo Loco is launching its annual "12 Days of Pollo" promotion from December 1 to December 12, offering daily deals exclusively for Loco Rewards members [1][2] - The promotion includes a charitable component where $2 will be donated to No Kid Hungry® for every $10 Classic Tostada Combo redeemed on Giving Tuesday, with a maximum donation of $15,000 [3] - The campaign features a new holiday character, "Chicken in the Kitchen," who will reveal daily deals through social media [4] Promotion Details - Daily deals for the "12 Days of Pollo" include: - Dec. 1: BOGO Fire-Grilled Chicken Burrito - Dec. 2: $10 Classic Tostada Combo - Dec. 3: 20% Off a Purchase - Dec. 4: $8 3-piece Leg and Thigh meal - Dec. 5: $5 off $20 or $10 off $30 - Dec. 6: $25 12-piece Leg and Thigh Family Meal - Dec. 7: Free Caramel Flan or 2 Churros with $15 Purchase - Dec. 8: $9 Double Chicken Burrito Bowl - Dec. 9: +2500 Bonus Points on all Orders - Dec. 10: $20 8-piece Leg and Thigh Family Meal - Dec. 11: $10 Double Chicken Tostada - Dec. 12: BOGO Quesadilla [6] Company Overview - El Pollo Loco is recognized as the leading fire-grilled chicken restaurant in the U.S., known for its flavorful and healthier menu options [5] - The company operates over 500 locations across several states and has expanded internationally with licensed locations in the Philippines [5] - El Pollo Loco Foundation, established in 2004, aims to support youth development and success [7]
Wingstop Opens 3,000th Restaurant, Showcasing Strength in Development
Prnewswire· 2025-11-26 13:50
Core Insights - Wingstop has achieved a significant milestone by opening its 3,000th restaurant globally, marking a step towards its goal of becoming a Top 10 Global Restaurant Brand with over 10,000 locations worldwide [1][4]. Expansion and Growth - The company opened nearly 800 restaurants and expanded its global footprint by 50% in just two years, entering six new markets: Australia, Bahrain, Kuwait, Puerto Rico, Saudi Arabia, and The Netherlands [2]. - Wingstop operates in 47 U.S. states and 15 countries, with plans to open in Thailand, Italy, and Ireland soon [2]. Business Performance - Wingstop's President & CEO, Michael Skipworth, highlighted the company's rapid growth from 2,000 to 3,000 restaurants in just over two years, indicating strong domestic and international business potential [3]. - The company has a record pipeline of sold restaurant commitments and has seen strong interest from existing franchisees, with over 70 brand partners expanding their footprint in the last quarter [3]. Financial Overview - Wingstop reported approximately $5 billion in system-wide sales for fiscal 2024 and has achieved 21 consecutive years of same-store sales growth [4].
Papa John's Expands Footprint With Major Refranchising Deal - Papa John's International (NASDAQ:PZZA)
Benzinga· 2025-11-26 13:21
Core Insights - Papa John's International, Inc. announced a significant refranchising move, with Pie Investments taking over 85 stores previously operated by Colonel's Limited, LLC, and committing to open 52 additional outlets by 2030 [1][5] - The acquisition enhances Papa John's presence in the Washington, D.C. and Baltimore markets, with Pie Investments aiming to operate a total of 250 outlets by 2030 [1][5] Refranchising Details - The previous operator, Colonel's Limited, LLC, had a partnership with Papa John's since 1993 and was recognized for its early adoption of digital ordering and pizza delivery growth [2] - The transition to Pie Investments is seen as a tribute to the legacy built by Colonel's Limited [2] Leadership and Growth Strategy - Ravi Thanawala, CFO and North America president, highlighted Chris Patel's entrepreneurial spirit and growth mindset as essential qualities for franchisees [3] - Chris Patel, COO of Pie Investments, emphasized the brand's commitment to quality and plans to utilize enhanced tools for operational improvements [4] Strategic Importance - The refranchising deal reflects Papa John's strategy to expand its footprint through trusted operators, particularly in the Northeast and Mid-Atlantic regions [5] - This approach allows Papa John's to leverage franchisee expertise while scaling operations more efficiently [5] Recent Financial Performance - In the third quarter, Papa John's reported adjusted earnings per share of 32 cents, below the analyst consensus estimate of 41 cents [6] - For fiscal 2025, the company anticipates systemwide sales growth of 1% to 2%, revised down from a previous estimate of 2% to 5% [6] - North American comparable sales are projected to decline by 2% to 2.5%, a revision from the earlier expectation of flat to up 2% [6]