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Oppenheimer Upgrades GrubHub, Sees Biggest Threat Towards Food Ordering As An Opportunity
Wednesday, April 12, 2017 - 12:12pm | 378Read More...Jason Helfstein of Oppenheimer upgraded GrubHub Inc (NYSE: GRUB) from Perform to Outperform with a newly established $42 price target. According to a survey conducted by Helfstein, consumers have made it clear they prefer to order food directly from a restaurant so they can pose questions on the...
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Domino's Is Doing 'Something That We've Never Done Before'
Monday, April 10, 2017 - 11:25am | 375Read More...Domino's Pizza, Inc. (NYSE: DPZ) is holding its first ever appreciation event for loyalty members. Domino's loyalty program offers members 10 points for every online order of $10 or more. After 60 points, members are entitled to a free medium two-topping pizza. The program was launched in 2015, and...
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The 5 Biggest Restaurant M&As
Wednesday, April 5, 2017 - 1:44pm | 546Read More...After much speculation on Monday, JAB Holdings and Panera Bread Co (NASDAQ: PNRA) agreed to merge in a $7.5 billion deal in which Panera's shareholders will receive $315 per share in cash. Here is how the deal stacks up against other notable restaurant M&As. Panera-JAB: The Second...
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What Do Wall Street Analysts Think Of The Panera Up-For-Sale Report?
Tuesday, April 4, 2017 - 3:48pm | 907Read More...Shares of Panera Bread Co (NASDAQ: PNRA) soared to new all-time highs of $292.42 last Friday following a Bloomberg report that suggested the sandwich and bakery chain may be exploring strategic alternatives, including a potential sale of itself. Here is a summary of what some of Wall Street's most...
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Gadfly's Banjo On Darden: We Don't Need New Olive Gardens
Wednesday, March 29, 2017 - 2:15pm | 343Read More...Darden Restaurants, Inc. (NYSE: DRI) continues to trade near all-time highs because the company is a standout in the restaurant sector. Darden, the parent company of several full-service restaurant chain perhaps the most notable of which is Olive Garden, reported its fiscal third quarter results...
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McDonald's Mobile Ordering Is Now A Reality
Wednesday, March 15, 2017 - 3:57pm | 393Read More...For the first time ever, McDonald's Corporation (NYSE: MCD) customers can place an order and pay for a Big Mac or any other meal through their mobile device. According to a CNBC report, McDonald's will begin testing a mobile order and payment app in 80 stores across Northern California and...
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McDonald's CEO: Traffic Isn't Soft, It's Down
Thursday, March 2, 2017 - 2:40pm | 392Read More...McDonald's Corporation (NYSE: MCD)'s CEO Steve Easterbrook isn't into playing word games to describe the fast food chain's business. For instance, McDonald's traffic hasn't been "soft" over the past few quarters — it is simply "down." Speaking as a guest on CNBC Thursday, the CEO acknowledged...
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Subway Chicken Contains Less Than 55% Chicken DNA
Tuesday, February 28, 2017 - 3:39pm | 357Read More...It shouldn't come as a surprise to many that the amount of chicken in many fast food menu items isn't anywhere close to 100 percent. Canada's CBC Marketplace oversaw a DNA analysis of various chicken items sold at different fast food restaurants. The analysis was conducted at Trent University's...
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7 Best Fast Foods Not Available In The US: Fried Chicken Pizza, Fried Brussel Sprout Patty And More
Wednesday, February 15, 2017 - 8:48am | 676Read More...It shouldn't be a surprise global fast food chains offer different menu items in different countries to cater to local preferences. Here's a list of some of the menu items found in other countries that American fast food lovers might love to eat at home. Singapore: KFC's Fried Chicken...
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Bob Evans 20% Surge, Explained
Wednesday, January 25, 2017 - 3:40pm | 286Read More...Shares of Bob Evans Farms Inc (NASDAQ: BOBE) soared by more than 20 percent Wednesday and hit a new 52-week high of $60.95 after the company announced it will sell its restaurant unit for $565 million. Gadfly's Tara Lachapelle noted that the sale of Bob Evans' restaurant chain follows...
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Fast-Food Workers Are Now In High Demand
Wednesday, January 11, 2017 - 3:53pm | 319Read More...It may seem hard to believe at first, but fast-food workers with years of experience are in high demand. According to a Bloomberg report, the restaurant sector is engaged in a "full-on food fight" over workers. In fact, the scarcity of qualified workers is resulting in candidates being paid above...
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Taco Bell Announces Shell Made Out Of Chicken
Wednesday, January 11, 2017 - 9:55am | 341Read More...Yum! Brands, Inc. (NYSE: YUM)'s Taco Bell unit has never shied from creating new and innovative food items. After launching a Waffle Taco in 2014, the restaurant chain continued to introduce new and exciting breakfast items to give consumers a break from eating "the same breakfast" every day. Taco...
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Highlights From 3 Restaurant CEO Chats With CNBC
Tuesday, January 10, 2017 - 2:30pm | 298Read More...Denny Marie Post, CEO of Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB); Stephen "Steve" Sater, the CEO of El Pollo LoCo Holdings Inc (NASDAQ: LOCO); and Habit Restaurants Inc (NASDAQ: HABT)'s CEO Russell "Russ" Bendel sat down with CNBC's Sara Eisen to talk about the health of the consumer, a...
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Oppenheimer Cooks Up 2017 Outlook For 6 Restaurant Stocks
Wednesday, January 4, 2017 - 12:05pm | 298Read More...Restaurant stocks closed 2016 higher by 13 percent, which is 3 percentage points better than the S&P 500 index. Brian Bittner of Oppenheimer cited the group's gain to the "post-election multiple expansion." Now that valuations of restaurant stocks are trading at "familiar top-heavy levels" at a...
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Starbucks To Crush McDonald's This Year?
Tuesday, January 3, 2017 - 4:26pm | 238Read More...McDonald's Corporation (NYSE: MCD) is the world's most valuable restaurant company with a valuation just shy of $100 billion. However, according to Mark Kalinowski of Nomura, McDonald's will eventually be dropped to second place. The victor? Starbucks Corporation (NASDAQ: SBUX). In...















