Jim Cramer says consumers are loyal to value and not brands
CNBC’s Jim Cramer on Wednesday said consumers right now aren’t focused on brand names, but on companies that can provide the most value. “Prices have gotten so high over the …
Brinker International Inc
Here’s why Americans are going back to Chili’s
Chili’s efforts to win back American consumers are working. Same-store sales, a key metric for the restaurant industry, jumped 14.8% in its fiscal fourth quarter, a significant increase as many …
Cramer says it might be time to start building a position in Sweetgreen
CNBC’s Jim Cramer told investors it could be wise to start buying stock of Sweetgreen, a salad chain that has been the best-performing restaurant company on the Russell 3000, according …
Chili’s sales boosted by TikTok, fast food rivalry
An ad campaign targeting fast-food chains and a TikTok-viral appetizer helped Chili’s same-store sales climb nearly 15% in its latest quarter. But Kevin Hochman, CEO of parent company Brinker International, …
How the stock comeback can be sustained and our new Starbucks price target
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market …
McDonald’s, Wendy’s, Burger King vie for low-income diners
The McDonald’s logo is displayed at a McDonald’s restaurant in Burbank, California, on July 22, 2024. Mario Tama | Getty Images Subway started phasing out its $5 footlong sandwiches a …
Fast food diners switch to casual chains, Darden CEO says
Customers arrive at an Olive Garden location in San Antonio, Texas. Callaghan O’Hare | Bloomberg | Getty Images Casual-dining chains are gaining customers who have grown frustrated with higher fast-food …
Applebee’s owner Dine Brands targets fast food customers
Applebee’s and IHOP owner Dine Brands thinks its deals can lure away fast-food customers who have grown frustrated with menu prices. The company reported first-quarter earnings that fell short of …
Buffalo Wild Wings Go format grows as more sales move off premise
The 100th location of Buffalo Wild Wings Go opened Wednesday on the Upper East Side in Manhattan. Source: Buffalo Wild Wings Buffalo Wild Wings opened its 100th Go location on …
Popeyes overtakes KFC as No. 2 chicken chain, Chick-fil-A stays on top
A Popeyes restaurant is seen in Washington, D.C. Eric Baradat | AFP | Getty Images Popeyes has overtaken KFC as the No. 2 chicken chain in the U.S., a decade …