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X @Forbes
Forbes· 2025-10-15 18:20
Popular protein powders and shakes contain increasingly more heavy metal contamination, according to tests conducted by Consumer Reports, which found high levels of lead in some popular brands behind the rapidly growing protein market. Some of the products contained 10 times more lead than is safe to consume in a day, according to the report. https://t.co/wUZb7CdL6h ...
X @Decrypt
Decrypt· 2025-10-14 00:35
Restaurant franchise Steak 'n Shake scrapped plans to accept Ethereum for its burgers and shakes, sticking to Bitcoin following blowback. https://t.co/LEGvOxY7A2 ...
Jim Cramer Weighed in on Shake Shack in Light of Rising Food Costs
Yahoo Finance· 2025-10-09 14:58
Core Insights - Shake Shack Inc. is facing challenges due to the current economic conditions affecting consumer spending, with concerns that its pricing may be too high for some customers [1] - The company reported strong earnings with the highest restaurant level margins in six years, but same-store sales growth of 1.8% fell short of analysts' expectations of 2.2% [2] Company Performance - Shake Shack's recent earnings report showed a clean top and bottom line beat, indicating strong operational performance [2] - The company achieved its highest restaurant level margins in six years, highlighting effective cost management and operational efficiency [2] Market Sentiment - Jim Cramer expressed surprise at the negative sentiment surrounding Shake Shack despite its strong earnings, indicating a potential disconnect between market perception and actual performance [2] - The overall consumer sentiment is poor, which may impact the stock's performance as consumers are feeling the pinch from rising beef prices [1]
Barfresh Completes Strategic Acquisition of Arps Dairy
Globenewswire· 2025-10-07 12:30
Core Insights - The acquisition of Arps Dairy, Inc. positions Barfresh Food Group for accelerated growth by enhancing manufacturing capabilities and operational synergies [1][2][3] - Barfresh anticipates fiscal year 2025 revenue between $14.5 million and $15.5 million, with projections for fiscal year 2026 revenue to exceed $30 million to $35 million, indicating a 126% increase compared to the high range of fiscal year 2025 guidance [3] Company Overview - Barfresh Food Group Inc. specializes in developing, manufacturing, and distributing ready-to-blend and ready-to-drink beverages, primarily targeting the education market, foodservice industry, and restaurant chains [4] - The company utilizes a proprietary system for single-serving, on-site prepared products, which are designed to be quick, cost-efficient, and reduce waste [4] Acquisition Details - The acquisition of Arps Dairy was completed for approximately $1.3 million in debt repayment, funded through an expansion of Barfresh's existing line of credit [1][2] - The acquisition includes a 15,000-square-foot processing facility and a 44,000-square-foot manufacturing facility, which is nearing completion, both located in Defiance, Ohio [2] - Barfresh has commenced production at the existing Arps Dairy facility and plans to complete construction at the larger facility during 2026, with a preliminary government grant of $2.3 million to support this expansion [2] Operational Benefits - The acquisition is expected to eliminate third-party manufacturing fees, improve ingredient procurement efficiency, and reduce freight and cold storage costs through integrated operations [2] - Enhanced oversight of production processes is anticipated to lead to improved operational efficiency and supply chain control [3]
Shake Shack names Michael Fanuele to the new position of chief brand officer
Yahoo Finance· 2025-09-22 13:05
Core Insights - Shake Shack has appointed Michael Fanuele as the chief brand officer to enhance its marketing strategy and brand positioning [1][4] - The company aims to expand its presence from approximately 400 domestic locations to 1,500 restaurants nationwide [5] - Shake Shack reported a 1.8% increase in same-store sales for the most recent quarter, marking the 18th consecutive quarter of comparable sales growth [6] Company Strategy - Fanuele will collaborate with the chief growth officer and chief communications officer to oversee advertising, paid media, insights, and analytics [2] - The company is focused on connecting with more guests through bold marketing efforts, leveraging Fanuele's creativity and experience [4] Background of New Chief Brand Officer - Michael Fanuele has a strong background in branding and media strategies, having worked with notable brands such as Dos Equis, Arby's, and Cadillac [3] - He previously held significant roles including chief strategy officer at Fallon and Havas, and chief creative officer at General Mills [3] Future Plans - Shake Shack plans to open 13-16 company-owned restaurants and 7-9 licensed locations in the current quarter [6] - The company is committed to optimizing media investments and strengthening its brand for long-term growth [4]
Barfresh Announces Second Quarter 2025 Results
Globenewswire· 2025-08-13 20:05
Core Insights - Barfresh Food Group Inc. reported an 11% year-over-year revenue increase to $1.6 million for the second quarter of 2025, driven by expanded manufacturing capacity [4][3] - The company achieved a gross margin of 31.1% for the second quarter of 2025, down from 34.8% in the same period of 2024, attributed to product mix and new manufacturer trial costs [5][4] - Barfresh expects revenue and gross margin improvements in the second half of 2025, following the completion of equipment installation by a new co-manufacturer [2][13] Financial Performance - Revenue for the second quarter of 2025 was $1.625 million, compared to $1.464 million in the second quarter of 2024 [10] - The net loss for the second quarter of 2025 was $880,000, an improvement from a loss of $1.0 million in the second quarter of 2024 [6][10] - Adjusted EBITDA for the second quarter of 2025 was a loss of approximately $600,000, compared to a loss of $682,000 in the same quarter of 2024 [7][10] Operational Developments - The company has completed equipment installation with its new co-manufacturer, which is expected to resolve previous operational inefficiencies and logistics costs [3][2] - Barfresh is focused on building consistent production capabilities to better serve its customers, particularly in the education channel [3][2] - The company is revising its fiscal year 2025 revenue guidance to a range of $12.5 million to $14.0 million, down from a previous range of $14.5 million to $16.6 million [14][13] Future Outlook - Management remains confident in achieving double-digit year-over-year revenue growth for the full year, despite adjusting expectations due to operational challenges [3][13] - Investments in manufacturing capacity and operational improvements are aimed at creating a scalable platform for future growth [3][2] - The company anticipates being better positioned to capitalize on market opportunities as production capacity stabilizes [3][13]
Shake Shack (SHAK) Q2 Profit Jumps 63%
The Motley Fool· 2025-08-01 23:49
Core Insights - Shake Shack reported Q2 FY2025 GAAP revenue of $356.5 million, exceeding Wall Street's estimate of $354.1 million, with non-GAAP diluted EPS at $0.44, surpassing the consensus of $0.38 [1][2] - The company achieved a year-over-year revenue growth of 12.6%, driven by a 12.3% increase in company-operated sales and a 20.2% rise in licensing revenue [2][4] - Shake Shack's operational profits and margins improved significantly, with a 190 basis point increase in restaurant-level profit margin to 23.9% and a 24.8% rise in adjusted EBITDA [4][5] Financial Performance - Non-GAAP diluted EPS increased by 63.0% from $0.27 in Q2 FY2024 to $0.44 in Q2 FY2025 [2] - Restaurant-level profit (non-GAAP) reached $82.2 million, up 22.5% from $67.1 million in the same quarter last year [2] - System-wide sales climbed to $549.9 million, reflecting a 13.7% increase compared to the prior year [4] Business Strategy - Shake Shack focuses on premium fast-casual dining with a commitment to high-quality, responsibly sourced ingredients [3] - The company prioritizes expanding its physical footprint, enhancing operational efficiency, investing in digital channels, and innovating its menu [3] - Digital and app-based orders accounted for 38% of total sales, indicating a strong push towards digital transformation [7][8] Sales Growth and Expansion - Same-Shack sales growth was modest at 1.8%, with most revenue growth attributed to new store openings, including 13 new company-operated locations and nine licensed units [6] - The company aims for 14-16% system-wide unit growth and low single-digit same-Shack sales growth for FY2025 [10] Future Outlook - Management reiterated guidance for total revenue between $1.4 billion and $1.5 billion for FY2025, with a target restaurant-level profit margin of approximately 22.5% [10] - The company plans to continue its expansion strategy while monitoring same-Shack sales trends and cost control measures [11]
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-07-18 18:22AI Processing
SourceTesla Joy (@TeslaJoy):Food items at the Tesla Diner are basic diner foods like hot dogs, burgers, grilled tuna sandwiches, shakes, floats, cookies, breakfast sandwiches, etc. ...
Adyen Supports JOE & THE JUICE's International Growth and Expansion
Prnewswire· 2025-07-15 13:00
Core Insights - Adyen partners with JOE & THE JUICE to enhance in-store payment experiences using the SFO1 terminal, which integrates payment functions with marketing displays [1][3] - The collaboration aims to streamline payment operations and improve customer engagement as JOE & THE JUICE expands in the U.S. market [2][4] Company Overview - JOE & THE JUICE operates over 400 locations in 18 countries, offering fresh juices, shakes, sandwiches, and coffee with a focus on natural and organic ingredients [7] - Adyen is a leading financial technology platform that provides end-to-end payment solutions and data-driven insights to major companies globally [8] Technology and Innovation - The SFO1 terminal allows JOE & THE JUICE to combine seamless payment processing with brand engagement and loyalty programs at the point of sale [3][5] - The technology supports features like pre-ordering through an app and personalized loyalty incentives, catering to the growing consumer demand for tailored brand experiences [5][6] Market Strategy - JOE & THE JUICE utilizes the SFO1 terminals to gather insights that inform store experiences and marketing strategies, aiming to build long-term customer loyalty in a competitive food and beverage landscape [4][6] - The partnership with Adyen enables JOE & THE JUICE to adapt to different market environments and consumer preferences, enhancing the overall in-store experience [5][6]
Barfresh Announces First Quarter 2025 Results
Globenewswire· 2025-05-01 20:05
Core Viewpoint - Barfresh Food Group Inc. reported a 4% year-over-year revenue increase to $2.9 million for Q1 2025, achieving gross margin of 31%, exceeding guidance, and reiterating fiscal year 2025 revenue guidance of $14.5 million to $16.6 million [1][12]. Financial Performance - Revenue for Q1 2025 was $2.9 million, up from $2.8 million in Q1 2024, driven by expanded bottle capacity at existing manufacturers [3]. - Gross margin for Q1 2025 was 31%, down from 41% in Q1 2024, attributed to temporary production inefficiencies and increased logistics costs [4]. - Net loss for Q1 2025 was $761,000, compared to a loss of $449,000 in Q1 2024 [5]. - Adjusted EBITDA for Q1 2025 was a loss of approximately $506,000, compared to a gain of approximately $53,000 in Q1 2024 [6]. Operational Insights - The company is onboarding new co-manufacturers, which is expected to resolve production inefficiencies by the end of Q2 2025, allowing for increased production capacity [2]. - The company continues to secure new customers in the education sector, which is anticipated to enhance revenue in the latter half of 2025 [2]. Balance Sheet and Financing - As of March 31, 2025, the company had approximately $3.4 million in cash and accounts receivable, and $1.1 million in inventory [11]. - In February 2025, the company secured $3.0 million in growth financing through a common stock offering to support production scaling [11]. Outlook - The company expects to achieve record fiscal year revenue between $14.5 million and $16.6 million for 2025 [12].