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Starbucks baristas in Burnaby join union for respect and authenticity at work
GlobeNewswire News Room· 2025-07-04 21:17
Core Points - Starbucks workers at Kensington Square in Burnaby have joined the unionized movement across Canada, aiming for fairness, dignity, and a voice at work [1][5] - The organization of these baristas was driven by concerns over job security, staffing levels, and inconsistent enforcement of workplace rules, particularly following recent firings for dress code violations [2][3] - The United Steelworkers union (USW) supports the workers' efforts, emphasizing the importance of collective strength in negotiating better working conditions and respect [4][5] Company and Industry Summary - The Kensington Square baristas are part of a growing movement among Starbucks employees advocating for improved working conditions and job security [4] - Workers express a desire to be authentic and have a real voice at work, rejecting the notion of being punished for their self-expression [3] - The USW represents a significant number of workers across various sectors in Canada, highlighting its role in promoting healthier and more respectful workplaces [6][7]
X @The Wall Street Journal
The Wall Street Journal· 2025-07-04 15:02
Partnerships & Agreements - Krispy Kreme 与 McDonald's 的合作结束,此前双方曾对在 McDonald's 餐厅销售 Krispy Kreme 甜甜圈抱有很高的期望,并且早期结果很有希望 [1]
Here's Why Momentum in The ONE Group Hospitality (STKS) Should Keep going
ZACKS· 2025-07-04 13:51
Core Viewpoint - The article emphasizes the importance of timing and sustainability in stock trends for successful short-term investing, highlighting the need for strong fundamentals to maintain momentum in stock prices [1][2]. Group 1: Stock Performance - The ONE Group Hospitality, Inc. (STKS) has shown a significant price increase of 80% over the past 12 weeks, indicating strong investor interest [4]. - In the last four weeks, STKS has experienced a price increase of 47.8%, suggesting that the upward trend is still intact [5]. - STKS is currently trading at 90.5% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - STKS holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like STKS that are on an uptrend supported by strong fundamentals [3]. - The article suggests that there are multiple stocks passing through the "Recent Price Strength" screen, providing additional investment opportunities [8].
Happy Belly Food Group's Heal Wellness QSR Announces the Opening of Its Newest Location in Aurora, Ontario
Newsfile· 2025-07-04 10:00
Core Viewpoint - Happy Belly Food Group Inc. is expanding its presence in Canada with the opening of its 26th Heal Wellness location, indicating strong growth and a strategic focus on scaling emerging food brands [1][3]. Company Expansion - The new Heal Wellness location is situated in Aurora, Ontario, and will officially open on July 5, 2025 [1]. - The company has experienced significant growth, with more locations under construction and scheduled to open throughout 2025 [3][4]. - Happy Belly has secured 195 units under development agreements across Canada, positioning itself for continued expansion as Heal aims to become a national smoothie bowl brand [4][6]. Franchise Development - Happy Belly has a robust franchise pipeline with 606 retail locations under contract, which includes projects in various stages of development [6]. - The company emphasizes careful selection of partners and prime real estate to maintain growth momentum through 2026 [6]. Product Offering - Heal Wellness focuses on providing quick, fresh wellness foods, including a diverse range of smoothie bowls and smoothies made with superfood ingredients [7].
No plastic is allowed in this restaurant #food
Bloomberg Television· 2025-07-04 09:01
This is Shia, a fine dining Korean restaurant in Washington DC. Like at other fancy restaurants, the plates here are full of little details. Except here, all of this is done without using any plastic tools.So our our goal in year one was to eliminate plastic inside the four walls of the restaurant, what we can control. And then our phase two next year will be to see how we can reduce plastics in our distribution system. Lee, she a chef has appeared in Iron Chef and won a James Spear award for this book.When ...
Man sues Guy Fieri's company over alleged contract breach
NBC News· 2025-07-04 04:57
A man is suing the company owned by the mayor of Flavor Town who says he was stiffed on a so-called chance of a lifetime. We're talking about Guy Fier, the celebrity chef owner of numerous restaurants and the host of hit Food Network shows like diners, drive-ins, and dives. Well, a contestant on his reality show said the guy's chance of a lifetime, he said the guy's show, that particular chance, if you will, breached a contract after he was promised a franchise of his restaurant chain, Chicken Guy. And we s ...
BAB, Inc. Reports Results for 2nd Quarter FY 2025
Globenewswire· 2025-07-03 18:06
Core Viewpoint - BAB, Inc. reported a decrease in revenues for the second quarter and the first half of 2025, primarily due to a reduction in marketing fund expenses, while net income showed a slight increase compared to the previous year [2][3]. Financial Performance - For the quarter ended May 31, 2025, BAB, Inc. had revenues of $808,000, down 8.4% from $882,838 in the same quarter last year. Net income was $154,000, an increase of 5.9% from $145,685 [2][9]. - For the six months ended May 31, 2025, revenues totaled $1,566,000, a decrease of 8.9% from $1,718,772 in the same period of 2024. Net income rose to $271,000, up 10.8% from $244,190 [3][9]. Operating Expenses - Total operating expenses for the quarter were $608,000, down 12.7% from $696,388 in 2024. The decrease was mainly due to a reduction in marketing fund expenses by $80,000 and other cost reductions [4][9]. - For the six months ended May 31, 2025, total operating expenses were $1,218,000, a decrease of 13.7% from $1,410,342 in the same period of 2024, with marketing expenses accounting for a significant portion of the decline [4][9]. Revenue Breakdown - Royalty fees from franchised stores for the quarter were $511,879, a slight decrease of 0.3% from $513,474 in the previous year. Franchise and area development fee revenue dropped significantly by 61.1% to $3,583 [9]. - Marketing fund revenue decreased by 26.0% to $227,049 for the quarter and by 21.5% to $444,095 for the six months [9]. Earnings Per Share - Earnings per share for the quarter remained stable at $0.02, while for the six months, it increased to $0.04 from $0.03 in the previous year [2][3][9]. Company Overview - BAB, Inc. franchises and licenses several brands including Big Apple Bagels®, My Favorite Muffin®, SweetDuet® frozen yogurt, and Brewster's® Coffee. The company's stock is traded on the OTCQB under the symbol BABB [5].
CAVA Gains 12% in 5 Trading Sessions: Bullish Signals for the Stock?
ZACKS· 2025-07-03 16:10
Core Insights - CAVA Group has experienced a strong comeback, growing 11.8% over the past five sessions, significantly outperforming the industry's 3.8% rise, despite a 30.4% decline over the past six months [1][6] - The stock is currently trading at $82.71, below its 52-week high of $172.43 but above its low of $70, indicating renewed momentum [4] - Analysts are optimistic about CAVA's growth trajectory, with sales estimates for 2025 and 2026 projected at $1.19 billion and $1.45 billion, reflecting year-over-year increases of 24% and 21.4% respectively [5][7] Price Performance - CAVA's stock has shown a notable increase of 11.8% in the last five trading sessions, outperforming competitors like Chipotle, Brinker, and Wingstop [6] - The average target price for CAVA suggests a potential upside of 37% from its last closing price of $82.71, based on short-term price targets from 13 analysts [9] Sales and Traffic - The company reported a 10.8% increase in same-restaurant sales in Q1 2025, driven by a 7.5% rise in guest traffic across all demographics [10] - CAVA has opened 15 net new units in Q1 2025, with plans for 64-68 openings in 2025, exceeding previous guidance [11] Long-Term Growth Strategy - Management aims to operate at least 1,000 restaurants by 2032, focusing on expansion into untapped markets such as Detroit and Pittsburgh [12] - The revamped loyalty program has attracted nearly 8 million members, significantly boosting sales tied to loyalty members [13] Economic Environment - CAVA is implementing a modest 1.7% menu price increase at the start of 2025 to address inflationary pressures, while maintaining a focus on operational efficiency to protect margins [15][16] - Despite high costs and economic uncertainty, the company remains confident in its growth potential and ability to sustain momentum [16] Valuation - CAVA is currently trading at a premium with a forward 12-month price-to-sales (P/S) ratio of 7.23, higher than industry averages [17]
X @Bloomberg
Bloomberg· 2025-07-03 12:25
The US trade group representing restaurants urged President Trump to weigh immigration relief for some workers, saying the industry is struggling to fill job openings https://t.co/wHZ2LUIxNv ...