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Restaurateur Expands Italian Food Footprint With 2nd Merrick Eatery
Merrick, NY Patch· 2025-08-08 16:01
Restaurants & BarsRestaurateur Expands Italian Food Footprint With 2nd Nassau Eatery"We always had a passion for food," Lou Neglia said. "Every holiday was just cooking, eating [and] drinking. That's what we grew up with."A pair of Italian restaurants in Merrick are co-owned by Lou Neglia. (Jerry Barmash/Patch)LouTony's, on Merrick Road in Merrick, is the latest restaurant by Lou Neglia and his cousin Anthony St. George. (Jerry Barmash/Patch)After a soft launch in June, LouTony's will have its official gran ...
Post Holdings Announces Upcoming Executive Leadership Changes
Prnewswire· 2025-08-07 21:01
Core Points - Jeff Zadoks, the Chief Operating Officer of Post Holdings, Inc., will retire in January 2026, and Nicolas Catoggio, the President and CEO of Post Consumer Brands, will take over as COO [1][5] - Zadoks has been with Post since 2011, serving in various roles including Chief Financial Officer and COO, contributing significantly to the company's growth [2] - Under Catoggio's leadership since September 2021, Post Consumer Brands has expanded into multiple categories beyond ready-to-eat cereals, including pet food, peanut butter, and pasta [2][3] Company Overview - Post Holdings, Inc. is a consumer packaged goods holding company based in St. Louis, Missouri, with operations in various food categories including center-of-the-store, refrigerated, foodservice, and food ingredients [3] - The company includes brands such as Post Consumer Brands, Weetabix, Michael Foods, and Bob Evans Farms, with Post Consumer Brands being a leader in the North American cereal market [3]
X @BBC News (World)
BBC News (World)· 2025-08-07 20:25
Cacio e pepe: Good Food pasta recipe sparks fury in Italy https://t.co/5Krx6VFpRT ...
Pick the perfect pairing. Gemini Live can look at the menu & make a suggestion based on your taste.
Google· 2025-07-25 17:34
Wine Recommendation & Pairing - Gemini can provide wine recommendations based on a wine list and meal pairing requests [1] - Gemini recommended Grignolino (La Casaccia, Poggeto '23) for pasta dishes due to its light body, high acidity, and red fruit notes [1] - The recommended wine has bright cherry and raspberry flavors, with hints of rose and subtle herbs [2] Wine Characteristics - Grignolino is described as a light-bodied red wine [1] - The wine has high acidity and red fruit notes [1] - The wine is versatile and pairs well with lighter pasta dishes [1]
Ollie's Bargain Q1 Earnings Top Estimates, Comps Up 2.6% Y/Y
ZACKS· 2025-06-04 16:01
Core Insights - Ollie's Bargain Outlet Holdings, Inc. (OLLI) reported strong first-quarter fiscal 2025 results, with both revenue and earnings exceeding expectations and showing year-over-year growth [1][2][9] Financial Performance - Adjusted earnings per share (EPS) reached $0.75, surpassing the Zacks Consensus Estimate of $0.70 and improving from $0.73 in the same quarter last year [3][9] - Net sales totaled $576.8 million, reflecting a 13.4% year-over-year increase and exceeding the Zacks Consensus Estimate of $565 million [4][9] - Comparable store sales increased by 2.6%, supported by a rise in transaction count, compared to a 3% increase in the prior-year period [4][9] Margin Analysis - Gross profit grew by 13.2% year over year to $237 million, with a gross margin remaining flat at 41.1% [5] - Selling, General and Administrative (SG&A) expenses increased by 60 basis points to 28.6%, primarily due to higher medical and casualty claims and new store growth [5] - Operating income declined by 0.6% to $56.2 million, with the operating margin contracting by 140 basis points to 9.7% [6] Store Expansion - Ollie's opened 25 new stores during the quarter, bringing the total to 584 stores across 32 states, marking a 13.2% year-over-year increase in store count [7][9] - The company plans to open a net of 75 stores in fiscal 2025 to continue its expansion strategy [7][9] Financial Position - At the end of the quarter, Ollie's had $369.5 million in cash and short-term investments, along with $45.4 million in long-term investments, totaling $414.9 million, a 21.5% increase year over year [8] Future Outlook - The company reaffirmed its fiscal 2025 earnings outlook, projecting net sales between $2,579 million and $2,599 million, and comparable store sales growth between 1.4% and 2.2% [11] - Gross margin is expected to be around 40% for fiscal 2025, with operating income projected between $283 million and $292 million [12] - Adjusted earnings are anticipated to be in the range of $3.65 to $3.75 per share, up from $3.28 reported last fiscal year [13]