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Baird's latest update on the restaurant sector looks at the digital moves that companies have made during the pandemic, with an eye toward which names have worked on building channels that may prove important in long-term engagement (and which ones have seen a notable mix shift for digital co...
In some respects New York City won't look the same after the pandemic with Mayor Bill de Blasio saying today that the use by restaurants of open space on 87 streets in the city will be permanent and year-round. "I want to go for the gold and make this model part of the life of NYC for years t...
While the dine-in aspect of restaurants faces key issues, businesses such as Dunkin' Brands, who have focused on carry-out, and delivery service only, managed to mitigate some of the impacts. The company has remained profitable during the pandemic, despite suffering from net store clo...
CMG is well-positioned to gain in the upcoming months with the reintroduction of popular dishes and expansion of its drive-thru and home delivery channels, so its recent dip offers an attractive entry opportunity. Chipotle Mexican Grill, Inc. ( CMG ) is a fast-food restaurant chain s...
FinancialBuzz.com News Commentary New York, NY (9/23/2020) – The global beverage market can be segmented into non-alcoholic and alcoholic categories. The non-alcoholic beverage market includes products such as soft drinks (soda), fruit juices, syrup, caffeinated drinks, sports dr...
While the restaurant sector was hard-hit by the pandemic, fast food companies such as McDonald’s (MCD), Chipotle Mexican Grill (CMG), Domino’s Pizza (DPZ), and Dunkin’ Brands Group (DNKN) managed to sustain and expand their businesses by shifting focus to drive-thru and h...
Dunkin' Takes Over National Coffee Day: This Year, It's National Dunkin' Day Dunkin's celebration includes a free medium hot or iced coffee (with any purchase) at Dunkin' restaurants across the U.S. on September 29 Can't get your Dunkin' fix on National Dunkin' Day? Everyone...
Piper Sandler hikes upgrade of Dunkin' Brands (DNKN) to an Overweight rating from Neutral on its view that the company has favorable exposure to suburban and rural markets.Analyst Nicole Miller Regan: "Our thesis is predicated on a 1.) low ticket, high frequency offering, 2.) franch...
Results from Baird's latest monthly survey of restaurants showed some slight improvement to comps, it says, backing up its confidence in Q3 expectations. More news on: Wingstop Inc., Domino's Pizza, Inc., Chipotle Mexican Grill, Inc., Notable Calls, Consumer stocks news Read more ...
Restaurant stocks were brutally punished early on in the pandemic-driven selling this year. That’s with good reason, as many of them were closed for extended periods of time. However, the group has been resilient since the first round of panic selling, and has outperformed the market si...
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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...