NYSE:ZOES - New York Stock Exchange, Inc. - US98979J1097
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
ZOES – PW Partners discloses 6.4% active stake, believes $12.75 acquisition agreement with Cava Group undervalues the company.
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
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
Jack in the Box is considering putting itself up for sale, according to a report, potentially making it the latest buyout among restaurant stocks.
Bojangles said it had agreed to be taken private, the latest merger news to hit a restaurant industry facing stiff competition.
Weekly review: The Dow Jones fell and the Nasdaq rose. Tesla stock dived as the SEC sued CEO Elon Musk. The Fed hiked rates while oil prices soared.
Sonic stock leapt Tuesday as the drive-in chain is being acquired by the parent of Arby's. The Sonic deal is the latest in a slew of restaurant takeovers.
The chain’s struggle is well documented, but the reasons behind it are scant. Here’s one possible culprit.
Mentions: HABT
SunTrust analysts say more than half of Bojangles’ locations are in the Carolinas, making it highly exposed to Hurricane Florence
Growth stocks and restaurant stocks both have performed exceedingly well in this bull market. Investors who see that bull market continuing should take a long look at these 7 stocks, which provide some of the best growth opportunities in the sector.
It’s been a tumultuous ride for investors, and the ending is bittersweet.
Another bidder could emerge for Zoe's Kitchen, boosting ZOES stock in the process.. However, the odds of such a bidder appearing seem to be under 50%.
Gainers IZEA, Inc. (NASDAQ: IZEA) rose 33.33 percent to close at $1.46 on Friday after the company highlighted several contracts won in Q3. CEO Ted Murphy said the company could...
Analysts have been eager to weigh in on the Services sector with new ratings on Conn’s (NASDAQ:CONN), Wal-Mart Stores Inc (NYSE:WMT) and Zoe’s Kitchen (NYSE:ZOES). Conn’s (CONN) Compass Point analyst William Ryan reiterated a Hold rating on Conn’s on August 13 and set a price target of $38.50. The company’s shares closed yesterday at $34.55.
ZOES – ZOES leads the way today as the best performing small cap stock, closing up 33.26%.
Panera Bread founder Ron Shaich heads up Act III Holdings, the investment fund that offered to help finance Cava's acquisition of Zoes. Should the deal go through, he will become chairman of the private company.
Zoe's Kitchen accepted a Cava takeover, giving the fast casual Mediterranean eatery a $300 million enterprise value. Yum China may be next, as a wave of restaurant buyouts continues.
Toward the end of trading Friday, the Dow traded up 0.49 percent to 25,684.64 while the NASDAQ climbed 0.10 percent to 7,813.98. The S&P also rose, gaining 0.35 percent to 2,...
ZOES – Telsey Advisory Group downgrades to Market Perform from Outperform; PT raised to $13 from $12. This price target represents a 35.98% upside over the stock’s previous closing price of $9.56.
Zoe's Kitchen (ZOES) stock was flying high Friday on news of a takeover deal that will have it being acquired by Cava Group.