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Hurricane Grill & Wings Celebrates 30 Years All Summer Long with Limited Time Menu
Globenewswire· 2025-06-24 13:00
Fan-Favorite Wing Chain Rolls Out Sizzlin' Summer Lineup and Deals in Honor of Milestone Anniversary LOS ANGELES, June 24, 2025 (GLOBE NEWSWIRE) -- Hurricane Grill & Wings, the award-winning wing brand founded in 1995 owned by FAT Brands, is celebrating 30 years with a new limited-time summer menu, packed with seasonal flavor, bold bites and classic combos. Now through Aug. 3, guests can join in on the anniversary festivities with sizzlin' wing deals and menu additions, perfect for summer enthusiasts and lo ...
Shake Shack Stock Rises 34% in a Year: More Room to Run?
ZACKS· 2025-05-29 13:26
Core Viewpoint - Shake Shack Inc. (SHAK) has experienced a significant share price increase of 34.2% over the past year, outperforming the industry growth of 8.7%, driven by menu innovation, digital initiatives, and unit expansion efforts, although challenges from weather and macroeconomic conditions remain a concern [1] Growth Drivers for SHAK Stock - Culinary innovation is a key differentiator for Shake Shack, with new menu items like the Dubai Chocolate Pistachio Shake receiving strong consumer response [2] - The introduction of the first-ever fish sandwich in Hong Kong has also been successful, quickly becoming the second-best-selling protein [3] - Digital sales accounted for 38% of total transactions in the fiscal first quarter, reflecting a 130-basis-point increase year over year, supported by new digital menu boards and a guest recognition platform [4] - The company plans to open 45 to 50 new locations in 2025, marking its largest development year, particularly in high-growth regions [5] - Shake Shack's licensed business is expanding, with seven new licensed shacks opened in the fiscal first quarter, enhancing brand visibility and global appeal [6] Concerns for Shake Shack Stock - The company faced operational challenges in the fiscal first quarter due to severe weather events and economic uncertainty, particularly in major markets like Los Angeles and New York City, which accounted for about 75% of overall headwinds [8][9] - These challenges resulted in a 4.6% decline in overall traffic and a 1% drop in same-store sales in April, compounded by the effects of a previous menu price increase [9] Overall Assessment - Shake Shack demonstrates long-term growth potential through strong brand recognition, innovative offerings, and an ambitious expansion plan, but faces near-term pressures from weather disruptions and economic uncertainty [10]
Arcos Dorados (ARCO) - 2025 Q1 - Earnings Call Transcript
2025-05-14 15:02
Arcos Dorados Holdings (ARCO) Q1 2025 Earnings Call May 14, 2025 10:00 AM ET Company Participants Daniel Schleiniger - VP of Investor RelationsMarcelo Rabach - CEO & DirectorLuis Raganato - Chief Operating OfficerMariano Tannenbaum - Chief Financial Officer Daniel Schleiniger Good morning, everyone, and thank you for joining our first quarter twenty twenty five earnings webcast. With us today are Marcelo Rabach, our Chief Executive Officer Luis Saganador, our Chief Operating Officer and Mariano Tannenbaum, ...
Arcos Dorados (ARCO) - 2025 Q1 - Earnings Call Transcript
2025-05-14 15:00
Arcos Dorados Holdings (ARCO) Q1 2025 Earnings Call May 14, 2025 10:00 AM ET Speaker0 Good morning, everyone, and thank you for joining our first quarter twenty twenty five earnings webcast. With us today are Marcelo Rabach, our Chief Executive Officer Luis Saganador, our Chief Operating Officer and Mariano Tannenbaum, our Chief Financial Officer. Today's webcast, which is being recorded, will consist of prepared remarks from our leadership team, which will be accompanied by a slide presentation also availa ...