Tag: Restaurants

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We expected more from Starbucks' quarter, but remain believers in the coffee brand
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Yum Brands (YUM) Q2 2023

Signage is displayed outside a Yum! Brands Inc. Taco Bell and Kentucky Fried Chicken (KFC) restaurant in Louisville, Kentucky, U.S., on Thursday, Jan. 30, 2020. Luke Sharrett | Bloomberg | Getty Images Yum Brands on Wednesday reported mixed quarterly results as Taco Bell’s and Pizza Hut’s same-store sales disappointed. Shares of the company were up...

General Motors shares drop after second-quarter earnings. Here's what the pros are saying
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Chipotle Mexican Grill (CMG) Q2 2023 earnings

A Chipotle restaurant in New York, US, on Monday, July 3, 2023. Jeenah Moon | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday reported quarterly earnings that crushed expectations, but the burrito chain’s sales fell short. The stock fell more than 8% in extended trading. Shares were up 50% this year through Wednesday’s close....

Here are Tuesday's biggest analyst calls: Apple, Tesla, Ulta, FedEx, Roblox, Netflix, Oracle and more
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Cava prices IPO at $22 per share, above stated range

The Cava logo is displayed at a Cava location in Pasadena, California, Feb. 6, 2023. Mario Tama | Getty Images News | Getty Images Mediterranean fast-casual restaurant chain Cava priced its initial public offering at $22 per share, above a previously stated range, the company said Wednesday. Cava said it sold 14.4 million shares, which...

'I expect Cava to roar' on IPO, says Jim Cramer
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Cramer expects Cava to roar in IPO, warns investors to tread carefully

CNBC’s Jim Cramer on Tuesday gave investors his take on Cava, the popular fast-casual Mediterranean chain that’s expected to go public this week. While he thinks the stock will roar on the IPO, he said investors should tread carefully and not burn themselves if “Cava comes out of the gateway too hot.” “Unless you can...