restaurants

Artificial intelligence (AI) is revolutionizing the restaurant industry. The burgeoning sub-sector of the tech industry is bringing new, and personalized, customer experiences to restaurants in a once unimaginable way. From the back of the house to the front, AI is transforming operations, and...

Despite an earnings miss reported on Feb. 7, YUM! Brands (NYSE:YUM) — the owner of KFC (Kentucky Fried Chicken), Pizza Hut, Taco Bell, and The Habit Burger Grill — is gaining investor confidence. The fast-food conglomerate is known for operating several well-known restaurant chains. Its stock has...

Richard Gonzmart, the owner of a 117-year-old Florida restaurant chain called Family of Restaurants, had to let go of undocumented employees following a $500,000 fine, Business Insider reports. Talking to The Miami Herald, Gonzmart expressed concerns to about DeSantis’ aggressive stance on...

Cava Group (NYSE:CAVA), a D.C.-based fast-casual Mediterranean chain, made its mark on the New York Stock Exchange Thursday. Shares soared from a pre-IPO price of $22 to $44.50 at the time of writing — a gain of 102.27%. Given Cava’s float of 111.39 million shares, multiplied by its share...

Darden Restaurants, Inc. (NYSE: DRI) beat consensus estimates Dec. 19 with its second-quarter EPS of 73 cents and sales of $1.88 billion. The Analyst Argus' John Staszak upgraded Darden Restaurants from Hold to Buy with a price target of $108. The Thesis Darden's initiatives...

Some habits can’t be broken — even amid competitive threats from McDonald’s Corporation (NYSE: MCD) or Shake Shack Inc (NYSE: SHAK). Habit Restaurant Inc (NASDAQ: HABT) earned the endorsement of Maxim Wednesday in light of potential changes to the fast-casual burger chain...

Shares of Shake Shack Inc (NYSE: SHAK) soared in the weeks following its 2015 IPO, but the stock has since lost all momentum and continues to trade below $45.90, which marks the closing price on its first day of trading. The Analyst Morgan Stanley's John Glass upgraded Shake Shack's stock...

Dave & Buster's Entertainment, Inc. (NASDAQ: PLAY)'s Tuesday earnings report will likely reinvigorate the bull versus bear debate, as some bulls highlight the stock's depressed valuation while bears point to multiple disappointing metrics. The Analyst Jefferies' Andy...

For every $1 a consumer spends online, it's $1 less that a company like Amazon.com, Inc. (NASDAQ: AMZN) collects and one less dollar spent in malls. While the immediate impact to retailers and department stores is apparent, investors aren't necessarily appreciating the negative impact to...

Chipotle Mexican Grill, Inc. (NYSE: CMG) confirmed Wednesday morning that it has decided to search for a new CEO to replace the company's founder Steve Ells. The Analyst Oppenheimer's Brian Bittner maintains a Perform rating on Chipotle's stock. The Thesis Chipotle's decision to...

Buffalo Wild Wings (NASDAQ: BWLD) agreed Tuesday to accept a $157-per-share buyout offer from Arby's Restaurant Group, which is controlled by the private equity investment firm Roark Capital Group. It has yet to be seen if a competing bid will be presented to acquire the chicken wing restaurant...

Struggling restaurant chain Buffalo Wild Wings (NASDAQ: BWLD) saw its stock dip below the $100 per share earlier this year, but was thrown a lifeline in the form of a takeout offer. What You Need To Know Roark Capital, a private equity investment firm that owns various restaurant chains including...

Private equity firm Roark Capital is reportedly interested in acquiring Buffalo Wild Wings (NASDAQ: BWLD), but there has been no confirmation of a deal or any indication if talks are ongoing. The Analyst Deutsche Bank's Brett Levy downgraded Buffalo Wild Wings' stock from Buy to Hold with...

Shares of Buffalo Wild Wings (NASDAQ: BWLD) surged higher by 25 percent Tuesday after The Wall Street Journal reported the restaurant could be acquired by Roark Capital Group, a private equity firm, for more than $2.3 billion, or around $150 per share. Here's how some of Wall Street's top...

Buffalo Wild Wings (NASDAQ: BWLD) received a takeout offer of around $150 per share from private equity group Roark Capital. The offer would give some investors who bought the stock ahead of the third quarter earnings report a hefty return but would leave some longer-term shareholders with a loss,...