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CANTON, Mass. , April 2, 2020 /PRNewswire/ -- During these challenging times, even a small moment of sweetness can make a big difference. To help create a little extra joy at the end of the week, Dunkin' today announced that Free Donut Fridays for DD Perks ® members – or...
Appearing on CNBC, Jim Chanos takes a victory lap ("avoid Chinese companies like the plague") on Luckin Coffeee ( LK -73.6% ), telling viewers he used today heavy-volume plunge to cover his short. Tesla (NASDAQ: TSLA ), he says, remains one his fund's largest short positions. More n...
Packaged coffee sales soared 24.9% for a four-week tracking period that ended on March 21, per Nielsen data from retail channels. Volume was up 27.3%, while price/mix was a 2.3% drag. The big jump reflects some pantry-loading ahead of the closures of Starbucks (NASDAQ: SBUX ) and Dunkin' Bra...
Guggenheim takes the long view on the restaurant sector to call out some opportunities for investors willing to wait out the social distancing period. More news on: BJ's Restaurants, Inc., Bloomin' Brands, Inc., The Cheesecake Factory Incorporated, Consumer stocks news, Read more ...
Dunkin' Brands Group ( DNKN ) growth story has seen its share price trade at a premium valuation. We see their current share price in-line with our base case model, however, we assigned better probabilities to our bear case scenario, in which sales drop 2% for the year. Under that scenario, ...
Waitr Holdings ( WTRH +17.1% ), GrubHub ( GRUB +6.1% ) and Blue Apron ( APRN +8.1% ) are making big gains again with more big city mayors talking about an extended period of social distancing. More news on: Waitr Holdings Inc., Grubhub Inc., Blue Apron Holdings, Inc., Consumer stocks...
The stock market has plummeted over the past month as the spread of the coronavirus has crippled numerous industries and begun to leave a widespread impact on the global economy. It's no wonder the S&P 500 Index has fallen about 30% off the highs it set just a few weeks ago. The nervousne...
Dunkin' Brands (NASDAQ: DNKN) is aiming to keep feeding its customers' cravings despite the social distancing mandates now sweeping the country. Shortly after limiting its stores to drive-through and carry-out services only, the coffee and fast-food giant announced on Monday a limited-time o...
Introduction and Thesis COVID-19, oil price wars, and transportation restrictions will negatively impact demand for most restaurant companies . In fact, in some states demand will drop by high-double digit rates, at least for a short time period. This will lead to lower top lines that, in t...
In an interview with MarketWatch , Grubhub (NYSE: GRUB ) CEO Matt Maloney gave his perspective on the state of the restaurant industry. Here are some snippets: More news on: Grubhub Inc., McDonald's Corporation, Restaurant Brands International Inc., News on the U.S. economy, Consumer st...
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Amazon (NASDAQ: AMZN) is proof that e-commerce revolution was well underway before the pandemic, but COVID-19 has changed it for good. The generation Z has marked a new era and these guys are not patient as consumer behaviour is changing at great speed. They want an almost instantaneou...
Tesla Set to Join S&P 500 & 100; Apartment Income REIT to Join S&P MidCap 400 NEW YORK , Dec. 11, 2020 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P 100 and S&P MidCap 400 effective prior to the ...
Bring the Holidays Home with Baskin-Robbins' December Holiday Cakes and Festive Flavor of the Month CANTON, Mass. , Dec. 2, 2020 /PRNewswire/ --The ice cream experts at Baskin-Robbins have unwrapped a lineup of festive treats that are sure to make the season mer...