RT Giacomo Tognini (@giacomotognini)Dick Portillo opened a hot dog stand with $1,100 in 1963 and built it into a beloved regional chain around Chicago, Portillo’s. After cashing out in 2014 for nearly $1 billion, he retired--then built a new real estate and restaurant empire.Read @Forbes:https://t.co/UqdeNIUN3X ...

Dick Portillo opened a hot dog stand in Chicago with $1,100 and built it into a billion-dollar regional chain, Portillo’s. After cashing out in 2014, he bought back some stores and built a new real estate and restaurant empire. https://t.co/Gas7q0w7s8 (Photo: Nate Ryan) https://t.co/sXnK7vekC5 ...

Stock Performance - Cracker Barrel Old Country Store shares jumped in premarket trading [1] Company Actions - The restaurant chain reversed a controversial change in its logo [1]

US restaurant chain Cracker Barrel scraps new logo after backlash https://t.co/uk4mmhbhNx ...

Key Takeaways WSM Q2 EPS estimate is $1.78, up 2.3% YoY, while revenues are projected to rise 1.6% to $1.82B.Strong digital tools, AI integration and global expansion support revenue growth across key brands.Margin gains expected from supply-chain optimization, resourcing shifts and tighter cost control.Williams-Sonoma, Inc. (WSM) is scheduled to release second-quarter fiscal 2025 results on Aug. 27, before market open.In the last reported quarter, the company’s earnings and net revenues topped the Zacks Co ...

Summary of Haidilao International Holding (6862.HK) Earnings Call Company Overview - **Company**: Haidilao International Holding - **Ticker**: 6862.HK - **Market Cap**: HK$82.9 billion / $10.6 billion - **Industry**: Restaurant and Food Service Key Financial Metrics - **1H25 Sales**: RMB 20.7 billion, a decline of 3.7% year-over-year (yoy) [1][4] - **Net Profit**: RMB 1.76 billion, a decline of 14% yoy, missing expectations by 8% [1][13] - **Recurring Net Income**: RMB 1.55 billion, a decline of 27% yoy [1][13] - **Interim Dividend**: HK$0.338 per share, with a payout ratio of 95% [1][14] - **Operating Income**: RMB 2.2 billion, with an operating profit margin (OPM) of 10.6%, missing expectations of 11.8% [11][16] Sales and Revenue Insights - **System Sales**: Declined by 6.5% yoy in 1H25 [3] - **Revenue from Haidilao Restaurants**: Below expectations due to a reduction in store count and lower per store sales [4] - **Delivery Revenue**: Increased due to the rapid growth of single-serving fast food business [4] - **Same-Store Sales Growth (SSSG)**: Overall group SSSG was -10% yoy, with variations across tiers [5] Operational Metrics - **Average Table Turn**: 3.8x in 1H25, down 10% from 4.2x in 1H24 [10] - **Store Count**: 1,322 stores, with 33 net closures in 1H25 [9] - **Average Selling Price (ASP)**: RMB 97.9 in 1H25, slightly up from previous periods [10] Cost and Margin Analysis - **Gross Profit Margin (GPM)**: Lower-than-expected due to increased labor and operational costs [1][11] - **Effective Tax Rate**: 33.2%, above expectations of 29% [13] - **Operating Expenses**: Increased in various categories, notably other expenses which rose by 23.4% yoy [16] Future Outlook and Strategic Focus - **Key Focus Areas for 2H25**: 1. Table turn trends and outlook 2. Pricing strategy and promotion trends 3. Margin outlook and potential for improvement 4. Store expansion plans, particularly for the Haidilao brand and new brands like Yanqing [2] 5. Progress on new brands and shareholder return plans [2] Investment Rating and Price Target - **Current Rating**: Neutral - **12-Month Price Target**: HK$15.30, with an upside of 2.8% from the current price of HK$14.88 [18][19] - **Key Risks**: Variability in table turn recovery, expansion speed, cost inflation, and food safety issues [18] Conclusion Haidilao International Holding has faced challenges in the first half of 2025, with declines in sales and net profit attributed to operational inefficiencies and increased costs. The company is focusing on strategic areas for improvement and expansion, while maintaining a stable dividend payout. The outlook remains cautious, with a neutral rating from analysts.

Chinese hotpot restaurant chain Haidilao's reported a second consecutive drop in sales as consumers increasingly turned to cheaper food options in a slowing economy https://t.co/Urz7iEFtkq ...

Night In The Life: Restaurateur Carlos Quirarte https://t.co/NcYXXj2qIA https://t.co/4TYoYVYzLV via @ForbesVetted ...

Well, Travis Kelce and Patrick Mahomes are revealing more about their new restaurant in Kansas City. It's called 1587 Prime, and reservations are opening up tomorrow with the grand opening coming on September 17th. And get this, the restaurant's name is a combination of their jersey numbers 15 and 87. ...

Business Focus - The document discusses restaurateur Carlos Quirarte and his "Night In The Life" [1] Industry Implication - The restaurant industry is highlighted through the lens of a specific restaurateur [1]