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Restaurant stocks are outperforming on the day as investors seem to be taking some comfort that the stay-at-home orders in the U.S. could be lifted within weeks. Most chain operators have cut costs to the bone and dug in for a longer dark period. More news on: Del Taco Restaurants, Inc., B...
Shares of Jack in the Box (NASDAQ: JACK) , Wendy's (NASDAQ: WEN) , and Dine Brands Global (NYSE: DIN) all jumped over 10% higher Monday morning as investors seemed to shift from consumer staples stocks, which were largely flat Monday morning, into heavily sold off restaurant and fast-f...
Introduction The COVID-19 pandemic is creating challenging times for a dividend investor. I look for companies that can weather this economic downturn and can also continue to grow its dividend. McDonald’s ( MCD ) is the best stock in the fast food industry for income investors that w...
Hold on tight if you are long restaurant stocks. The base case from SunTrust Robinson Humphrey on the restaurant sector is for casual dining same-store sales to be down ~80%, fast casual SSS down ~40% to 60% and fast food SSS down 20% to 40% through May before a slow recovery begins. More ...
Shares of fast-food restaurants joined in the bull run on today's news that Congress was closing in on approving $2 trillion as an economic stimulus as America moves closer to what is likely to be its fastest fall into recession in decades. Shares of Jack in the Box (NASDAQ: ...
Cowen lowers Jack in the Box (NASDAQ: JACK ) to a Market Perform rating after having it tagged with an Outperform rating. More news on: Jack in the Box Inc., Consumer stocks news, Read more ...
Investors are reading the tea leaves to bet that the worst-case scenarios of extended shutdowns and shelter at home orders may be averted. More news on: Dave & Buster's Entertainment, Inc., Bloomin' Brands, Inc., Darden Restaurants, Inc., Consumer stocks news, Top stock market news, ...
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...
Restaurants stocks are racing higher on increased calls for financial help from the government amid mass dine-in closings with coronavirus cases in all 50 states. More news on: Carrols Restaurant Group, Inc., BJ's Restaurants, Inc., Brinker International, Inc., Consumer stocks news, Stocks...
Investors are weeding through restaurant stocks to try to filter out the survivors from the chains that will have a hard time bouncing back from an extended period of low sales. More news on: J. Alexander's Holdings, Inc., Luckin Coffee Inc., Wingstop Inc., Consumer stocks news, Stocks on ...
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New markets include Virginia and Florida, with a New Multi-Unit Commitment for 7 Restaurants in North Carolina & South Carolina Del Taco, the nation’s second largest Mexican quick-service restaurant by number of units, today announced continued new market sales momentum wit...
2024-07-12 14:24:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
LAKE FOREST, Calif., July 11, 2024 (GLOBE NEWSWIRE) -- In an era where customers are struggling to find high-quality fast-food options at affordable prices, Del Taco , the nation’s second-largest Mexican quick service restaurant**, is aiming to deliver on its promise of providi...