Twenty analysts tracked ahead of the release expect Brinker International (NYSE:EAT) to reportRevenueof $1.53 billion for the three months to June, up 4.8% year over year, and adjusted earnings of $3.08 a share against $2.49, growth of roughly 23.6%. The estimate range is tight: …
Something increasingly rare in American restaurants happened at CAVA (NYSE:CAVA) in the second quarter: more people actually turned up. Same-restaurant sales rose 9.0%, and 5.3 percentage points of that came from guest traffic, with menu price and product mix supplying the remaining 3.7 points. …
CAVA Group (NYSE:CAVA) shares are surging in pre-market trading Wednesday, up 11.73% to $68.00, after the Mediterranean fast-casual chain beat second-quarter expectations. The company reported revenue of $368.4 million, up 31.3% year-over-year, versus a consensus estimate of $360.1 million, with adjusted EPS of $0.19 …
Funko (NASDAQ:FNKO) shares are trading higher in pre-market action Wednesday, up 5.63% to $6.26, following Monday's announcement that Kristin Hamilton will join the company as Chief Commercial Officer effective August 24. Hamilton joins from Crunchyroll, where she served as Senior Vice President, Head of …
H&R Block (NYSE:HRB) shares are trading up 11.78% in early pre-market action Wednesday to $52.20, extending a sharp rally that began Tuesday after market close. Shares had closed Tuesday's regular session up a modest 1.68% at $46.70, then surged roughly 16% further in after-hours …
Vestis Corporation (NYSE:VSTS) shares are trading up 5.33% in pre-market action Wednesday to $14.62, building on Tuesday's roughly flat regular-session close of $13.91, a gain of just 0.22%, after the uniform rental company posted a mixed fiscal third-quarter report. Adjusted EPS of $0.18 topped …
Black Rock Coffee Bar (NASDAQ:BRCB) shares are trading higher in pre-market action Wednesday, up 6.95% to $7.39, even after the company missed second-quarter revenue andEarningsestimates. Revenue came in at $63 million versus a $64.6 million estimate, a 2.44% miss, while adjusted EPS of $0.06 …
Disney (NYSE:DIS) announced Tuesday it has signed a multi-year agreement to stream every Formula E race live on Disney+ across 144 territories, with coverage also available on ESPN+ in the United States. The deal makes Disney+ the global streaming home of the ABB FIA …
China's auto market is grappling with a notable contraction, driven primarily by persistent weakness in domestic consumer demand. As manufacturers face declining sales, the outlook for the sector appears increasingly grim, raising concerns among analysts about the potential for a prolonged downturn. Automakers are …
Birkenstock stock has come under pressure following unsatisfactory results from On Holding, raising concerns among investors about the company's market positioning. These disappointing outcomes could signal broader challenges in the consumer sector, provoking speculation about the sustainability of current growth trends. The ripple effect …