Latest news with #EAT
Telegraph
4 days ago
- Entertainment
- Telegraph
White female boss dressed as Whoopi Goldberg for Oscars-themed work party
A white female executive racially harassed her black colleague when she dressed up as Whoopi Goldberg from Sister Act at an Oscar-themed work party, a tribunal heard. Jerry Logo said he experienced an 'immediate rush of anxiety' when he saw Agnes Ganswindt wearing the costume from the 1992 comedy with her face painted black at the office Christmas get-together. The accounts manager told a tribunal that it made him think of the 'dehumanisation' of black people, which caused him to suffer a panic attack. A panel found that Miss Ganswindt, a customer service agent, was 'genuinely unaware' that a white woman dressing up as a black actress might be offensive to someone who is black. Mr Logo sued for racial harassment, but his case was dismissed because he had brought the case four years after the event took place. But after hearing how his employers themselves agreed the 'black-face' event did constitute harassment, an appeal judge has now ruled that the claim should be reheard. The employment appeal tribunal (EAT) heard that Mr Logo started working in the UK for German payments firm Payone in November 2016 as an accounts manager. Some four days after he started work, while at the company's Frankfurt office for induction training, the business held a Christmas party themed as Oscars night. The tribunal said: 'Miss Ganswindt, who is white, attended the event dressed as the character played by Whoopi Goldberg in the Sister Act films.' 'Immediate rush of anxiety' Mr Logo said he felt an 'immediate rush of anxiety' when he saw the person, who he later realised was Miss Ganswindt, in 'black face paint'. The earlier employment tribunal hearing, which took place in Watford in 2023, was overseen by employment Judge Judith George. She said that the panel accepted that not only had Miss Ganswindt chosen the costume before she met Mr Logo, but she was also not aware that he would be in attendance. The judge said the black-face did occur, adding: 'It is conceded by [PayOne] that this incident would amount to race-related harassment on the basis of the unwanted conduct causing the harassing effect, and we accept that it does. '[Mr Logo] argued that this incident was harassment because Miss Ganswindt had the purpose of creating the harassing effect. 'We accept, after careful consideration, that she was genuinely unaware that a black British person would be likely to associate a white woman dressed as a black actress with an offensive and demeaning portrayal of people based on race.'
Forbes
16-07-2025
- Business
- Forbes
Restaurant Stock Ripe For Upgrades, Bullish Price Action
Shares of Brinker International (EAT) are up 1% to trade at $166.25 last check, somewhat distant from their Feb. 4 record peak of $192.22. Although the restaurant chain rallied off its April 7 pullback, it's been unable to break out and remain above $180. The security still sports a 25.8% year-to-date lead, however, and could soon erase more of these recent losses thanks to a historically bullish trendline. According to Schaeffer's Senior Quantitative Analyst Rocky White, EAT is within one standard deviation of its 80-day moving average. Shares were above this this trendline in at least eight of the last 10 trading days, and spent 80% of the past two months above it. Within these parameters, five other signals occurred over the past three years, after which the stock was higher one month later 80% of the time, averaging a 11.6% gain. Should a move of similar magnitude happen, the shares would land near $185.53, much closer to record highs. Daily EAT Since August 2024 with 80-Day Moving Average EAT currently sports a short interest float of 13.7%, indicating it could see a squeeze. Heading into today, 14 of the 18 covering brokerages carry a "hold" recommendation, leaving ample room for bull notes, should this bearish sentiment begin to unwind. Options are looking affordable, per EAT's Schaeffer's Volatility Index (SVI) of 58%, which ranks in the low 28th percentile of its annual range. It's also worth noting that the security has tended to outperform options traders' volatility expectations, per its Schaeffer's Volatility Scorecard (SVS) of 76 out of 100.
The Hindu
09-07-2025
- Entertainment
- The Hindu
Thiruvananthapuram brews up its first coffee rave
Stepping into Turf Cafe at Kazhakoottam a little after 11am on a Sunday, it is louder and dimmer than usual. On the left, a wooden rack lined with Van Gogh souvenirs and coffee table books separates the barista from the rest of the space. He is surrounded by flasks, coffee grounds and rising steam. Further inside, DJ Sanu mans a station tucked away from the entrance, playing trance music as strobing laser lights cut through clouds of white smoke. In the centre, the café floor is packed with people young and old, moving in tune with the beat. This was Thiruvananthapuram's first taste of a coffee rave, held on July 6, organised by Eat at Trivandrum (EAT), a city-based online food community, and its parent organisation SCRBL. The coffee rave, which first gained ground in Europe about a decade ago, began as an underground party concept that swapped alcohol for caffeine. The idea is simple: loud EDM, shots of coffee, and finger food, all before lunchtime. In recent years, cities like Mumbai, Delhi, Bengaluru and Hyderabad have seen their share of such raves. A few have also popped up in Kochi. 'There are a lot of people who want to enjoy a party with music and dancing, but without alcohol,' says Arvind Soju, co-founder of EAT and SCRBL. 'Some people want to go out with friends but can't stay out late. So we thought we'd do something for them too.' The party kicked off at 11am and wrapped up by 3pm. Another co-founder of EAT and SCRBL, Anjana Gopakumar says, 'For us, it is not about day or night, it is about having fun over the weekend, something to unwind from the weekly madness.' The dance floor saw young couples, teenagers, friends and even father-daughter duos busting moves together. Strangers sipping on cranberry cold brews formed dance circles that grew with every track. Around 60 participants attended the rave with most of them registering online. But, if, like me, you are not one for dancing in public, a quiet corner of the café was reserved for sampling a range of brews — AeroPress, Chemex, V60, French Press, Mokapot and Siphon, to name a few. Each method brings a different taste, texture and aroma. You could sample them all and figure out what suits your palate, like Aniina. 'I liked the V60 and Mokapot coffees. I'm going to buy the V60 brewing gear,' says Aniina, originally from Finland, who has lived in Thiruvananthapuram for the past ten years with her Malayali husband. 'I love that it's a sober event, and in the daytime,' she adds. Small bites like meatballs with garlic sauce and chicken nuggets with Togarashi mayo paired perfectly with the coffee. The party was a fresh experience for many. Arvind's father, Soju TG, 60, took a breather after dancing with his family. 'It's such a lively event with great energy. And the coffee gives a different kind of buzz. We need more of this in Thiruvananthapuram,' he says, before getting up to join his wife for another round on the dance floor. Arvind says, 'We don't want to stop with just one coffee rave. We hope to have more editions regularly in the future.'
Yahoo
28-06-2025
- Business
- Yahoo
Stifel Raises PT on Brinker International (EAT) Stock, Maintains Buy
Brinker International, Inc. (NYSE:EAT) is one of the 10 Unstoppable Stocks to Buy According to Hedge Funds. On June 23, Stifel analyst Chris O'Cull upped the price target on Brinker International, Inc. (NYSE:EAT)'s stock to $215 from $200, while keeping a 'Buy' rating, as reported by The Fly. The firm cited Chili's robust traffic performance and market share gains as the key reasons. A Chili's Grill & Bar restaurant filled with happy customers enjoying a meal. The firm assessed Chili's market share, growth capacity, as well as constraints, in order to determine whether or not its outperformance compared to the full-service industry will continue. Stifel opines that the chain can continue to gain market share in a fragmented category, wherein scale advantages have been more valuable. As per the analysis conducted by the firm, current traffic volume per store, despite improving from recent lows, remains well below the historical peaks. Overall, the firm concluded that Brinker International, Inc. (NYSE:EAT) possesses a proven playbook that would lead to durable same-restaurant sales gains. For FY 2025, Brinker International, Inc. (NYSE:EAT) expects total revenues to be in the range of $5.33 billion – $5.35 billion, and net income per diluted share (excluding special items) (non-GAAP) to be in the range of $8.50 – $8.75. While we acknowledge the potential of EAT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than EAT and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-06-2025
- Business
- Yahoo
5 Insightful Analyst Questions From Brinker International's Q1 Earnings Call
Brinker International's first quarter results showcased substantial revenue growth, outpacing Wall Street expectations. Management attributed this to strong traffic gains at Chili's, driven by menu simplification, operational improvements, and effective marketing campaigns. CEO Kevin Hochman highlighted, 'Sales leverage and simplification continue to drive improved 4-wall economics, which allowed us to deliver an 18.9% restaurant operating margin.' Still, leadership noted the competitive promotional environment and acknowledged potential challenges in sustaining the current momentum as industry headwinds persist. Is now the time to buy EAT? Find out in our full research report (it's free). Revenue: $1.43 billion vs analyst estimates of $1.39 billion (27.2% year-on-year growth, 2.7% beat) Adjusted EPS: $2.66 vs analyst estimates of $2.57 (3.6% beat) Adjusted EBITDA: $220.6 million vs analyst estimates of $203.4 million (15.5% margin, 8.5% beat) The company lifted its revenue guidance for the full year to $5.34 billion at the midpoint from $5.2 billion, a 2.7% increase Management raised its full-year Adjusted EPS guidance to $8.63 at the midpoint, a 11.3% increase Operating Margin: 11%, up from 6.2% in the same quarter last year Locations: 1,626 at quarter end, up from 1,618 in the same quarter last year Same-Store Sales rose 25.9% year on year (3% in the same quarter last year) Market Capitalization: $7.94 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. David Palmer (Evercore ISI) pressed on the sustainability of same-store sales as comparisons become more challenging. CEO Kevin Hochman responded that continued focus on food, service, and atmosphere improvements gives management confidence, though he acknowledged forecasting future momentum is complex. Dennis Geiger (UBS) asked whether the drivers of recent traffic gains had shifted. CFO Mika Ware noted momentum remains broad-based, with strong year-over-year traffic and consistent guest demand for value offerings. Christine Cho (Goldman Sachs) questioned the impact of potential tariffs on cost of sales. Ware explained that over 80% of the supply chain is domestic, with flexibility to manage inflationary pressures and protect margins through pricing and sourcing. Jeff Farmer (Gordon Haskett) inquired about the outlook for restaurant-level margins into next year. Ware said ongoing investments in productivity and leveraging higher average unit volumes should support margin stability or growth. Eric Gonzalez (KeyBanc) asked about the Big QP launch's role in recent traffic trends. Hochman stated that the new burger is outperforming last year's Big Smasher, with strong PR and guest engagement fueling continued sales momentum. In the upcoming quarters, the StockStory team will closely watch (1) the performance and guest response to new menu items like the upgraded rib platform and appetizers, (2) signs of sustained traffic growth as Brinker laps last year's elevated results, and (3) the impact of operational investments, such as kitchen equipment upgrades and labor initiatives, on both guest experience and profitability. Execution on Maggiano's turnaround and the ability to manage through industry-wide promotional pressures will also be important markers. Brinker International currently trades at $178.87, up from $160.62 just before the earnings. At this price, is it a buy or sell? Find out in our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today.
