restaurants

Patrick Doyle is a 20-year veteran with Domino's Pizza, Inc. (NYSE: DPZ), so he helped guide the pizza chain's ordering strategy away from phoning locations to dial-up internet connections. As noted by Gadfly's Shelly Banjo, Domino's can count more than half of its sales from digital channels....

Darden Restaurants, Inc. (NYSE: DRI)'s Olive Garden chain's busiest takeout day of the year isn't Super Bowl Sunday, nor does it occur in the days leading up to Christmas when families don't feel like cooking as oven and fridge space may be limited. According to Gadfly's...

How is it possible that it seems like there is a Starbucks Corporation (NASDAQ: SBUX) coffee shop on every corner and in every mall, yet the chain is still considered a global growth story? According to Jeffrey Bernstein, a restaurant analyst with Barclays, Starbucks' 2016 Investor Day presentation...

Gadfly's Shelly Banjo is very blunt in her take on the restaurant sector. Investors should expect to see continued pain as the group continues to report its third-quarter earnings. According to Banjo, sales growth at North American restaurants during the second quarter happened to be the slowest...

Facebook Inc (NASDAQ: FB) is more than just connecting with friends, families and co-workers -- it's now a platform discover new things in the world around you. Facebook announced in a blog post Wednesday a new feature called "Recommendations," which offers users a new forum to...

Ever heard of the restaurant chain Jersey Mike's Subs? If not, you should; it is actually the fastest growing brand in the United States. Bloomberg, citing the trade publication Nation's Restaurant News, reported that Jersey Mike's Subs has more than 1,500 stores open or in development, which is...

Chipotle Mexican Grill, Inc. (NYSE: CMG) saw its stock trading above $750 per share, but once again, a scandal involving food safety issues pushed the stock below the $400 per share mark for the first time since 2013. Chipotle's stock has lost more than 17 percent since the start of 2016, 45...

Brett Levy, a restaurant analyst with Deutsche Bank, commented in a research note on Monday that the sales environment for the group remains "challenging," as evident by a notable number of companies that reported a lower than expected same-store sales growth in the second quarter. Here is Levy's...

Investors following the restaurant sector would likely list Panera Bread Co (NASDAQ: PNRA), Jack in the Box Inc. (NASDAQ: JACK)'s Qdoba and a few other names in the "fast casual" space as being Chipotle Mexican Grill, Inc. (NYSE: CMG)'s main competitors. According to a report by Bloomberg,...

Here's an interesting headwind that McDonald's Corporation (NYSE: MCD) and other fast-food restaurants have to deal with: more Americans are bringing homemade lunches to work and cooking dinner at home. McDonald's CEO Steve Easterbrook didn't directly acknowledge this new trend...

Stifel downgraded BJ's Restaurants, Inc. (NASDAQ: BJRI) to Sell from Buy, and lowered its price target to $35 from $52. According to the report published Tuesday, the rating change was driven by the analysts' view that the U.S. economy will probably fall into recession within the next three to nine...

Stifel’s Paul Westra expects the U.S. restaurant sector to see a recessionary comp slowdown during 3Q16–2Q18. Westra downgraded the rating on Darden Restaurants, Inc. (NYSE: DRI) from Hold to Sell, with a price target of $53. Potential U.S. Recession The analyst mentioned restaurants...