NASDAQ:HABT - Nasdaq -
About 60% of businesses that have closed their doors during the coronavirus pandemic will never reopen, and restaurants have suffered the most, according to new data from Yelp.As of August 31, nearly 163,700 businesses on Yelp have closed since March 1, marking a 23% increase from July 10 (of those, about 98,000 say they have shuttered for good).
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:"The problem the restaurant industry is
Yum Brands (YUM -7.3%) announces that it closed on the acquisition of Habit Restaurants (NASDAQ:HABT).The transaction marks the addition of the first fast-casual concept to Yum Brands' portfolio.The
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The Habit Restaurants (NASDAQ:HABT): Q4 GAAP EPS of $0.03 beats by $0.05.Revenue of $122.65M (+19.4% Y/Y) beats by $3.89M.10-K
Is (HABT) Outperforming Other Retail-Wholesale Stocks This Year?
U.S. restaurant sales were up for the second straight month as a 0.3% increase in February followed the +2.3% mark in January. A relatively warm month and strong to-go business helped to boost sales
Habit Restaurants' (HABT) fourth-quarter performance is likely to have benefited from differentiated brand positioning, successful marketing and culinary innovation.
The parent company of Taco Bell, Pizza Hut, and KFC will be adding a burger chain in a few months. It should be able to avoid the mistakes that Chipotle made with TastyMade.
A strengthening labor market and rising disposable income have been fueling consumers' spending activity. U.S. retail and food services sales in January advanced 0.3%.
U.S. restaurant sales reached the highest sales growth in four years at 2.3% in January, according to Black Box Intelligence. Historically warm weather in parts of the U.S. is being attributed to hel
Beyond Meat stock rose after Denny's said it would boost its use of plant-based burgers. Habit Restaurants also will serve a patty from Impossible Foods.
Habit Restaurants (NASDAQ:HABT) plans to add a plant-based burgers using patties from Impossible Foods (IMPF) on its menu in the second half of this year as a limited-time offering, according to Reut
A new decade at Yum! starts with a new CEO and a new business category it hopes could be a catalyst for growth.
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Dave & Buster's stock flykicked through its 200-day moving average after it emerged activist investor KKR has taken a 6.3% stake in the arcade dining chain.