Category: Restaurant Management

Andrew Puzder: Carla s Jr. Racy Ads Saved the Company

In an exclusive interview with Neil Cavuto on the FOX Business Network , CKE Restaurants CEO Andrew Puzder said the suggestive ad campaigns starring female celebrities such as Paris Hilton, Kim Kardashian and Heidi Klum saved the company. CKE’s franchises, which include Hardee’s and Carl’s Jr., were infamous for using racy ads that generated backlash from women and other groups who found it demeaning and sexist.

Why Yamana Gold, Nu Skin Enterprises, and DineEquity Slumped Today

Friday once again showed the resiliency of the stock market, with the Dow , S&P 500 , and Nasdaq Composite all finishing with modest gains that were sufficient to bring the market benchmarks to new record highs. Positive sentiment about the prospects for the U.S. economy continued to guide the market’s movements and prevent any substantial drop in stocks, and generally favorable earnings across the business continuum were also supportive.

Panera Bread Rises Higher on Solid Growth, Optimistic Outlook

At the same time that it has sought to use ingredients in its menu items that consumers can trust, Panera has also worked hard to keep up with changes in the marketplace that have changed the way customers want to place orders and have items ready for them when they arrive. Coming into Tuesday’s fourth-quarter financial report, Panera investors had high hopes that the fast-casual company would be able to keep its sales and income growing at a steady pace.

Chipotle Won’t Stop Getting Punished

Shares of Chipotle Mexican Grill fell 2.1% to $395.59 on Monday after Barron’s , a financial publication, wrote that the ailing restaurant chain could see its stock fall further. “Sometimes fallen growth stocks find another leg down.

Here’s Why Darden Restaurants, Inc. Gained 16% in 2016

The company also closed the calendar year strongly, putting up impressive results in its fiscal Q2, which covered the period that ended Nov. 27, 2016. After a mostly flat year in which its share price stayed within a limited range, Darden saw its stock price spike after the company reported its Q2 2017 results .

Chipotle Shares Rising Despite Earnings, Guidance Miss

After being down as much ad 3% in after-hours trading Thursday, shares of struggling fast-food restaurant Chipotle Mexican Grill were up over 2% to $432 after the company missed analysts fourth-quarter revenue and earnings estimates. The company reported earnings of 55 cents per share on revenue of $1.03 billion versus analysts’ expectations of earnings of 57 cents per share on revenue of $1.04 billion.

Starbucks CEO Schultz Plans to Hire 10,000 Refugees After Trump Ban

Starbucks Chief Executive Officer Howard Schultz said on Sunday that the company planned to hire 10,000 refugees over five years in 75 countries, two days after U.S. President Donald Trump’s executive order banning refugees from certain countries. Trump on Friday put a four-month hold on allowing refugees into the United States and temporarily barred travelers from Syria and six other Muslim-majority countries, saying the moves would help protect Americans from terrorist attacks.

Starbucks CEO pledges to hire 10,000 refugees globally

Starbucks has pledged to hire 10,000 refugees globally over the next five years, in response to US President Donald Trump’s recent immigration ban . In an open letter to staff, chief executive Howard Mr Schultz said the president’s order had caused “confusion, surprise and opposition”.

Starbucks to hire 10,000 refugees over next 5 years

Starbucks says it will hire 10,000 refugees over the next five years, a response to President Donald Trump’s indefinite suspension of Syrian refugees and temporary travel bans that apply to six other Muslim-majority nations. Howard Schultz, the coffee retailer’s chairman and CEO, said in a letter to employees Sunday that the hiring would apply to stores worldwide and the effort would start in the United States where the focus would be on hiring immigrants “who have served with U.S. troops as interpreters and support personnel.”

Starbucks CEO Howard Schultz Stands Up to Trump, Wants to Hire 10,000 Refugees

Never one to refrain from speaking out on political issues, Starbucks CEO Howard Schultz took to his soap box on Sunday evening and fired back at the Trump administration following its controversial immigration ban. “I write to you today with deep concern, a heavy heart and a resolute promise,” Schultz said in a new blog post , adding, “We are living in an unprecedented time, one in which we are witness to the conscience of our country, and the promise of the American Dream, being called into question.”

4 Must-See, New Quotes From Starbucks Management

During the call, management gave investors insight into the company’s congestion problem, ongoing digital flywheel efforts, and success in China. While the market has focused on Starbucks’ lower-than-expected global same-store sales growth in its first quarter, it’s worth noting that the figure — at 3% — is still solid, particularly amid a challenging environment for restaurants and retailers.

Planet Hollywood Observatory opens at Disney Springs

The restaurant, still slated to reopen this fall following renovations, released photos and more information on its new menu. The celebrity-themed restaurant has been closed for several months for an estimated $25 million renovation, but plans to reopen with a new name, upgraded audiovisuals and menu.

Futures Head Lower, Asia Mixed as Investors Mull Trump

All eyes will be on the Republicans and President Trump on Friday as a strategy session ends and the U.K. prime minister lands. Futures for U.S. markets indicated a lower open late Thursday after a turbulent political day and a number of high-profile earnings reports, including Starbucks and Alphabet , that fell short of investor expectations.

Starbucks Sinks Despite Record Holiday Results

Yet even with such an impressive growth history in the rearview mirror, Starbucks still has to demonstrate to investors that it has the capacity to sustain that growth going forward. Coming into Thursday’s fiscal first-quarter financial report, Starbucks investors expected solid gains in revenue and earnings.

Why Bob Evans Farms Inc Stock Popped Today

As of 12:31 p.m. EST, the stock was up 22.3%. The company said it would sell Bob Evans Restaurants to private-equity firm Golden Gate Capital for $565 million, which is equivalent to about 60% of the company’s market value before the announcement and 50% today.

Will Starbucks Grow Even Faster in 2017?

The coffee giant revolutionized the coffeehouse industry in the U.S., and along the way, Starbucks has expanded its reach across the globe and has made its presence almost ubiquitous domestically. Yet as investors prepare for Starbucks’ fiscal first-quarter results on Thursday, some worry that the company might start to have difficulty sustaining its past growth rates indefinitely.

Bob Evans Farms To Sell Restaurants And Buy Potatoes, Stock Soars

Bob Evans Farms Inc. announced a pair of acquisitions Tuesday along with an executive change meant to focus the company on grocery store sales, and shares jumped 10% in late trading. Bob Evans said that it would sell its chain of Bob Evans Restaurants to private equity firm Golden Gate Capital for $565 million plus the transfer of certain liabilities, with the cash used to pay down debt and issue a special $7.50-per-share dividend to stockholders.