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EAT News6 articles
Brinker Soars 6% as Chili's Growth Streak Boosts FY2027 Outlook
Brinker International (EAT) rallied 6% as Chili's comparable sales climbed 5.6%, marking a fifth consecutive year of growth, and FY2027 EPS guidance topped expectations.
CAVA Shares Surge 16% on Strong Traffic, Boosting Market Value by $1.13B
CAVA stock soared 16% after strong traffic and sales exceeded forecasts, lifting market value by $1.13B. Same-restaurant sales rose 9%, but margins slipped 60 bps.
Cracker Barrel Shares Slide 2.5% as CEO Change Highlights Pricing Concerns
Cracker Barrel shares dropped 2.5% to $52.39 after naming David Deno as CEO, replacing Julie Felss Masino. The move comes amid continued sales pressure and a high valuation multiple.
Dine Brands Shutters Calexico Applebee's After 20-Year Run
Applebee's shuts its Calexico restaurant after two decades, putting 30 jobs at risk, as Dine Brands pivots to dual-branded Applebee's-IHOP locations amid inflation pressures.
Hooters Revamps 140 US Locations to Shed Risque Image
Hooters' new owners are renovating 140 US restaurants to adopt a family-friendly image after its 2025 Chapter 11 filing. CEO Neil Kiefer details uniform and menu changes.
Bloomin' Brands Shares Dip as Strong Jobs Data Delays Rate Cut Expectations
Bloomin' Brands stock declined 0.4% to $6.94, underperforming peers, after robust employment figures reduced near-term Fed easing bets. Investors now await Friday's CPI report and the company's Feb. 25 earnings.