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THE WENDY'S COMPANY NAMES PETE SUERKEN PRESIDENT, U.S.
Prnewswire· 2025-07-22 20:30
DUBLIN, Ohio, July 22, 2025 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) announced the appointment of Pete Suerken as President, U.S., effective today. He will report to interim Chief Executive Officer Ken Cook and serve on the Wendy's® Senior Leadership Team. Suerken will succeed Abigail Pringle, who has served as President, U.S. since 2024 and will depart the Company in the coming weeks to pursue other opportunities after a transition period with Suerken.Suerken has served as President and CEO of Wen ...
44th Anniversary Buy-and-Hold Pick: Brinker International (EAT)
Schaeffers Investment Research· 2025-07-18 17:00
Schaeffer's Investment Research turns 44 this month! We are the same age as Kim Kardashian and Justin Timberlake. We want to thank our loyal subscribers and readers for joining us on this journey within the options industry. To show our gratitude, we released a free report on our Top Stock Picks to buy (and hold) for the rest of 2025. Below is a snippet, but click here to access the entirety of the report.Disclaimer: The levels discussed were taken from an EAT chart on July 1, so price action may have shift ...
Brinker International (EAT) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2025-07-16 22:51
Company Performance - Brinker International (EAT) stock increased by 1.02% to $166.18, outperforming the S&P 500's daily gain of 0.32% [1] - Over the past month, shares have depreciated by 8.01%, underperforming the Retail-Wholesale sector's gain of 3.84% and the S&P 500's gain of 4.51% [1] Financial Projections - Upcoming earnings per share (EPS) are projected at $2.4, reflecting a 49.07% increase from the same quarter last year [2] - Revenue is estimated to be $1.4 billion, indicating a 16.17% increase compared to the same quarter of the previous year [2] Annual Estimates - Zacks Consensus Estimates forecast earnings of $8.81 per share and revenue of $5.35 billion for the year, indicating changes of +114.88% and 0% respectively compared to the previous year [3] - Recent analyst estimate revisions suggest confidence in Brinker International's business performance and profit potential [3] Valuation Metrics - Current Forward P/E ratio is 17.02, which is a discount compared to the industry average Forward P/E of 20.84 [6] - The PEG ratio is currently 0.43, significantly lower than the industry average PEG ratio of 2.65 [6] Industry Context - The Retail - Restaurants industry has a Zacks Industry Rank of 151, placing it in the bottom 39% of over 250 industries [7] - Top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Here's Why Brinker International (EAT) Fell More Than Broader Market
ZACKS· 2025-07-07 23:01
Brinker International (EAT) ended the recent trading session at $173.42, demonstrating a -5.12% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.79%. Meanwhile, the Dow experienced a drop of 0.94%, and the technology-dominated Nasdaq saw a decrease of 0.92%. Prior to today's trading, shares of the operator of restaurant chains Chili's Grill & Bar and Maggiano's Little Italy had gained 6.48% outpaced the Retail-Wholesale sector's gain of 2.47% a ...
Brinker's Traffic Strategy Takes Center Stage: Can It Drive Growth?
ZACKS· 2025-07-02 15:00
Core Insights - Brinker International, Inc. (EAT) is adopting a volume-driven growth model, focusing on traffic rather than pricing to drive sales growth [1][4] - In Q3 fiscal 2025, Chili's experienced a 20.9% increase in traffic, leading to a 31.6% rise in same-restaurant sales without significant price increases [1][9] - The company is enhancing guest experience through improved service and kitchen execution, resulting in a restaurant-level operating margin of 18.9%, a 470 basis-point increase year-over-year [2] Company Strategy - Brinker is implementing initiatives such as menu simplification, upgraded cooking systems, and enhanced training to improve throughput and consistency [2] - The company is investing in its workforce, particularly in high-turnover roles, to support increased volume [2] - Management is closely monitoring macroeconomic pressures, including potential tariffs on imported goods, while over 80% of its supply chain is domestically sourced [3] Pricing and Growth Outlook - Pricing is expected to moderate to 2-3% in Q4 fiscal 2025, with long-term increases likely to remain within a 3-5% range [4] - By prioritizing value and experience over price, the company aims to grow its market share in a cautious consumer environment [4] - The volume-first approach positions Brinker well for long-term growth without overreliance on pricing strategies [4] Competitor Landscape - Chipotle Mexican Grill, Inc. (CMG) is executing a multi-layered marketing strategy focused on menu innovation and digital targeting, despite facing near-term macro headwinds [5] - BJ's Restaurants, Inc. (BJRI) is leveraging social media trends to enhance brand relevance and guest frequency, with successful product launches like the Pizookie Platter [6] Stock Performance and Valuation - Brinker shares have increased by 18.5% over the past three months, contrasting with a 0.7% decline in the industry [7] - EAT trades at a forward price-to-sales ratio of 1.53, significantly below the industry average of 4.15 [10] - The Zacks Consensus Estimate for EAT's fiscal 2025 and 2026 earnings indicates a year-over-year increase of 114.4% and 9.6%, respectively [11]
Brinker International Should Continue To Beat Market Expectations
Seeking Alpha· 2025-06-12 11:54
Back in March , I was quite bullish on Brinker International ( EAT ) given its remarkable fundamental improvement owing to strong execution and traction in its value-focused Chili’s brand. At that time, I also used Google Trends data to showcase howI am a value focused investor, conducting fundamental research on sectors like but not limited to chemicals, homebuilders, building materials, industrials and metals & mining. I prefer to invest in stocks which are cheaply available and have a catalyst in the nea ...
Edible Garden's Kick. Sports Nutrition Wins 2025 Mindful Award Sports Nutrition “Product of the Year”
Globenewswire· 2025-06-12 11:30
Core Insights - Edible Garden AG Incorporated's new Kick. Sports Nutrition line has been awarded the 2025 Sports Nutrition Product of the Year by the Mindful Awards, highlighting the company's commitment to clean-label and sustainable products [1][4] - The global sports nutrition market is projected to grow from $54.8 billion in 2023 to $103.3 billion by 2032, indicating a significant opportunity for Edible Garden to expand its market presence [4] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce, with a presence in over 5,000 stores across the US, Caribbean, and South America [8] - The company operates state-of-the-art vertically integrated greenhouses and processing facilities in New Jersey and Michigan, utilizing patented technologies to optimize growing and reduce food miles [8] Product Launch and Strategy - The Kick. Sports Nutrition line includes plant-based and whey protein powders, with plans for expansion into pre-workout, post-workout, and hydration formulations [3] - The product was launched in April at a major Midwest retailer and subsequently on Amazon, reflecting a strong omnichannel strategy that combines physical retail with e-commerce [3][4] Market Positioning - Edible Garden's approach aims to meet the increasing demand for natural and effective health solutions among performance-minded consumers, leveraging convenience and clean ingredients [4] - The company has been recognized as a FoodTech 500 company and is a member of Walmart's Project Gigaton sustainability initiative, reinforcing its commitment to innovation and sustainability [8]
Is Trending Stock Brinker International, Inc. (EAT) a Buy Now?
ZACKS· 2025-06-09 14:06
Brinker International (EAT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this operator of restaurant chains Chili's Grill & Bar and Maggiano's Little Italy have returned +25.3%, compared to the Zacks S&P 500 composite's +7.2% change. During this period, the Zacks Retail - Restaurants industry, which Brinker International falls in, has gained 2.7 ...
Brinker International (EAT) Upgraded to Buy: Here's Why
ZACKS· 2025-06-06 17:01
Brinker International (EAT) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors of ...
Here's why Applebee's owner Dine Brands hasn't found Chili's recent success
CNBC· 2025-06-03 15:00
America has a new favorite grill and bar chain.For the first time, Chili's overtook Applebee's in terms of U.S. systemwide sales in 2024, according to Technomic.Data from the restaurant tracking firm shows that from 2021 to 2024, Chili's grew U.S. sales from about $3.6 billion to $4.6 billion, while Applebee's $4.1 billion U.S. sales were about flat over that same time period.In their most recently reported fiscal quarters, Chili's saw its same-store sales spike 31%, while Applebee's domestic same-store sal ...