Casual Dining

Darden Restaurants, Inc. (NYSE:DRI) shares are trading lower on Friday. On Thursday, the company reported second-quarter adjusted earnings per share of $2.08, missing the analyst consensus estimate of $2.10. During the earnings conference call, executives addressed shifting consumer behavior,...

Julie Masino, CEO of Cracker Barrel Old Country Store (NASDAQ:CBRL), recently weighed in on how she kept her job despite social media outrage—instigated by President Donald Trump—over the company’s logo change. The decision to change Cracker Barrel’s logo and décor left many fans fuming...

Fast-casual's bowl brigade is tasting something new this season: a healthy serving of valuation discipline. Once priced like tech disruptors, Chipotle Mexican Grill Inc (NYSE:CMG), CAVA Group Inc (NYSE:CAVA) and Sweetgreen Inc (NYSE:SG) are now navigating a sharp reset as investors reassess growth...

It's a rare scenario when someone conducting M&A due diligence becomes CEO of the company. But that’s exactly what happened when Mohaimina (Mina) Haque went from Tony Roma's legal advisor to overseeing the entire restaurant chain. In 2020, Tony Roma’s landed on the auction block...

The bearish case for Cheesecake Factory Inc (NASDAQ: CAKE) can be made despite the restaurant chain remaining a leader within the high-end segment of the casual dining sector, according to Barclays. The Analyst Barclays' Jeffrey Bernstein downgraded Cheesecake Factory from Equal-Weight to...

Wells Fargo is adjusting price targets ahead of the restaurant sector's earnings season. The Analyst Wells Fargo's Jon Tower: Maintained a Market Perform on Chipotle Mexican Grill, Inc. (NYSE: CMG) with a price target lifted from $415 to $418. Maintained a Market Perform on ...

President Donald Trump's proposed tax reform appears to be more likely to succeed than not, which has many investors wondering how best to readjust their portfolio. Baird's David Tarantino took a deep dive into the restaurant sector, where there are a handful of potential winners from both...

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...

In a report published Monday, Morgan Stanley analyst John Glass previewed the Quick Service Restaurant (QSR) industry as many restaurant operators are set to report quarterly results in the coming weeks. According to Glass, sandwich sales (the segment's largest category) were up an...