Latest news with #FirstWatch
Yahoo
16-05-2025
- Business
- Yahoo
Q1 Earnings Outperformers: Bloomin' Brands (NASDAQ:BLMN) And The Rest Of The Sit-Down Dining Stocks
Let's dig into the relative performance of Bloomin' Brands (NASDAQ:BLMN) and its peers as we unravel the now-completed Q1 sit-down dining earnings season. Sit-down restaurants offer a complete dining experience with table service. These establishments span various cuisines and are renowned for their warm hospitality and welcoming ambiance, making them perfect for family gatherings, special occasions, or simply unwinding. Their extensive menus range from appetizers to indulgent desserts and wines and cocktails. This space is extremely fragmented and competition includes everything from publicly-traded companies owning multiple chains to single-location mom-and-pop restaurants. The 11 sit-down dining stocks we track reported a mixed Q1. As a group, revenues beat analysts' consensus estimates by 0.7% while next quarter's revenue guidance was 2.3% below. Luckily, sit-down dining stocks have performed well with share prices up 19.1% on average since the latest earnings results. Owner of the iconic Australian-themed Outback Steakhouse, Bloomin' Brands (NASDAQ:BLMN) is a leading American restaurant company that owns and operates a portfolio of popular restaurant brands. Bloomin' Brands reported revenues of $1.05 billion, down 12.2% year on year. This print exceeded analysts' expectations by 1.2%. Despite the top-line beat, it was still a slower quarter for the company with EPS guidance for next quarter missing analysts' expectations significantly and a miss of analysts' EBITDA estimates. Bloomin' Brands delivered the slowest revenue growth of the whole group. Interestingly, the stock is up 14.6% since reporting and currently trades at $9.08. Read our full report on Bloomin' Brands here, it's free. Founded by Norman Brinker in Dallas, Brinker International (NYSE:EAT) is a casual restaurant chain that operates the Chili's, Maggiano's Little Italy, and It's Just Wings banners. Brinker International reported revenues of $1.43 billion, up 27.2% year on year, outperforming analysts' expectations by 2.6%. The business had an exceptional quarter with a solid beat of analysts' EBITDA estimates and an impressive beat of analysts' same-store sales estimates. Brinker International scored the highest full-year guidance raise among its peers. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 7.5% since reporting. It currently trades at $148.64. Is now the time to buy Brinker International? Access our full analysis of the earnings results here, it's free. Based on a nautical reference to the first work shift aboard a ship, First Watch (NASDAQ:FWRG) is a chain of breakfast and brunch restaurants whose menu is heavily-focused on eggs and griddle items such as pancakes. First Watch reported revenues of $282.2 million, up 16.4% year on year, in line with analysts' expectations. It was a softer quarter as it posted full-year EBITDA guidance missing analysts' expectations. As expected, the stock is down 8.3% since the results and currently trades at $17.05. Read our full analysis of First Watch's results here. Known for its conveyor belt that transports dishes to diners, Kura Sushi (NASDAQ:KRUS) is a chain of sushi restaurants serving traditional Japanese fare with a touch of modernity and technology. Kura Sushi reported revenues of $64.89 million, up 13.3% year on year. This number met analysts' expectations. More broadly, it was a slower quarter as it produced a significant miss of analysts' EBITDA estimates and a miss of analysts' same-store sales estimates. Kura Sushi had the weakest full-year guidance update among its peers. The stock is up 70.3% since reporting and currently trades at $70.44. Read our full, actionable report on Kura Sushi here, it's free. Founded in 1978 in California, BJ's Restaurants (NASDAQ:BJRI) is a chain of restaurants whose menu features classic American dishes, often with a twist. BJ's reported revenues of $348 million, up 3.2% year on year. This result was in line with analysts' expectations. Overall, it was a very strong quarter as it also logged an impressive beat of analysts' EPS estimates and a solid beat of analysts' EBITDA estimates. The stock is up 33.9% since reporting and currently trades at $44.82. Read our full, actionable report on BJ's here, it's free. Thanks to the Fed's series of rate hikes in 2022 and 2023, inflation has cooled significantly from its post-pandemic highs, drawing closer to the 2% goal. This disinflation has occurred without severely impacting economic growth, suggesting the success of a soft landing. The stock market thrived in 2024, spurred by recent rate cuts (0.5% in September and 0.25% in November), and a notable surge followed Donald Trump's presidential election win in November, propelling indices to historic highs. Nonetheless, the outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. The path forward holds both optimism and caution as new policies take shape. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Growth Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
New York Post
10-05-2025
- Business
- New York Post
Celebrate Mother's Day 2025 with these food deals and freebies
Mother's Day is tomorrow, Sunday, May 11 — and there are plenty of deals to go around to make sure yours has the best day. If you forgot to get the mom or mom-like figure in your life something special, there's still time to take advantage of the deals and freebies on offer. From flowers to breakfast in bed or a free meal, she won't have to lift a finger on her special day. Advertisement Here are just a few ways to celebrate mom this Mother's Day. Amazon Fresh Amazon Fresh has everything you need to make Mother's Day a special one at a decent price. You can grab 15-stem bouquets of tulips for $9.99 online, plus prepared main dishes starting at $5 and desserts under $5. If you want to make a meal yourself, grab brunch essentials for under $6. Denny's 5 Treat mom to breakfast with Denny's. JHVEPhoto – Advertisement Treat mom to breakfast with Denny's this Mother's Day. Customers can get $10 off a $30 purchase when ordering breakfast online or in the app with code 'MOMDAY.' DoorDash Order your mom some flowers through DoorDash and unlock $75 worth of select Mother's Day gifts if you're a DashPass member. If you're not a member, you can get up to $50 in credits. Gifts can include things such as breakfast or dinner from her favorite restaurant. The credit will automatically be applied at checkout after adding your bouquet. Einstein Bros. Bagels 5 Einstein Bros. Bagels is offering a 'Brunch Box' for Mother's Day. Kristina Blokhin – Advertisement Get your mom a 'Brunch Box' for Mother's Day from Einstein Bros. Bagels, which comes with six bagels, a tub of cream cheese, an egg sandwich, two bacon cheddar and egg sandwiches, four hashbrowns and four blueberry muffins. Plus, the bagel company is offering 20% off all gift card purchases, available exclusively online, just in time for Mother's Day. Fazoli's When purchasing any entree at Fazoli's from May 9 through May 11, moms can get a free Fettuccine Alfredo or Spaghetti with Meat Sauce or Marinara Sauce with the code 'Mother25.' First Watch 5 Bring your child's handmade IOU to First Watch for BOGO entrees. Advertisement Mother's Day can be busy for moms — even when they just want a day to do nothing. After the holiday, from May 12-16, take the drawing or other handmade IOU your little one made you and bring it into First Watch for BOGO entrees — and yes, glitter and macaroni counts. Hurricane Grill & Wings This Mother's Day, allow mom to get a free Bloody Mary at the wing chain with a minimum $14.99 purchase of any entree at participating locations. Kentucky Fried Chicken 5 KFC has free delivery for Mother's Day. dvoevnore – KFC is offering free delivery on all online orders to make Mother's Day 'more finger lickin' good.' The chicken chain announced the promotion alongside the comeback of their chicken and waffles. 'We believe Chicken & Waffles is an American icon. Flavorful, juicy and freshly fried secret recipe chicken, paired with sweet, golden waffles and gooey syrup — it's bold, it's delicious, and it's back on our menu just in time for Mother's Day!' Catherine Tan-Gillespie, President, KFC U.S., said in a statement. Marco's Pizza Have a 'Pepperoni Fest' for pepperoni-loving moms at Marco's Pizza. Try their new Pepperoni Bread for $5, Pepperoni Pizzoli for $5.99 or Pepperoni Magnifico for $9.99 using the code 'PEPFEST.' Marco's is also offering 10% off all digital gift cards. Native Grill & Wings Make it a sweet day for mom by treating her to free Native Buffalo Fries or a Native Cookie Sundae on with the purchase of any entree at participating locations. Panda Express Advertisement 5 Get a Family Meal Deal at Panda Express for Mother's Day. Chad Robertson – Through May 11, anyone who gets their mom a $30+ online gift card at Panda Express will get an $8 Bonus Card. Plus, the chain is launching a Family Meal Deal where guests can order a the deal for five people, which includes two large sides and three large entrees, for just $30. The Family Meal Deal can be ordered online or in the app using code 'THANKSMOM.' Paris Baguette Paris Baguette has launched a new lineup of handcrafted seasonal cakes to sweeten up Mother's Day. Through May 11, people can get their cake-loving moms the Rose Garden Lemon Citrus Layer Cake, Mom's Favorite Chocolate-Raspberry Mousse Cake, or the heart-shaped I Love Mom Strawberry Soft Cream Cake. Raising Cane's Advertisement Raising Cane's is giving Caniac Club members an easy meal to share with mom by offering BOGO Box Combos at participating locations from Sunday, May 11 through Monday, May 12. The offer will automatically be loaded onto members' accounts and can be redeemed simply by swiping their Caniac Club Card or scanning the QR code in the mobile app. New members must join by May 10 to be eligible for the deal. Round Table Pizza Give mom a pizza your heart with a heart-shaped pizza from Round Table this Mother's Day. From May 9 through May 11 at participating locations, patrons can get 15% off dine-in, carry-out or delivery orders usind the code 'RTP978.' The Coffee Bean & Tea Leaf This Mother's Day, treat mom to a coffee date with buy one, get one free beverages. Whole Foods Advertisement When you order from Whole Foods through Amazon Prime through May 13, you can snag 15-stem tulips for $9.99. Whole Foods through Prime is also offering 30% off all body care and candles, so you can give mom a day of rest and relaxation.
Yahoo
06-05-2025
- Business
- Yahoo
First Watch's (NASDAQ:FWRG) Q1 Earnings Results: Revenue In Line With Expectations But Stock Drops
Breakfast restaurant chain First Watch Restaurant Group (NASDAQ:FWRG) met Wall Street's revenue expectations in Q1 CY2025, with sales up 16.4% year on year to $282.2 million. Its GAAP loss of $0.01 per share was significantly below analysts' consensus estimates. Is now the time to buy First Watch? Find out in our full research report. First Watch (FWRG) Q1 CY2025 Highlights: Revenue: $282.2 million vs analyst estimates of $283.5 million (16.4% year-on-year growth, in line) EPS (GAAP): -$0.01 vs analyst estimates of $0.03 (significant miss) Adjusted EBITDA: $22.75 million vs analyst estimates of $25.81 million (8.1% margin, 11.9% miss) EBITDA guidance for the full year is $116.5 million at the midpoint, below analyst estimates of $125 million Operating Margin: 0.4%, down from 5.1% in the same quarter last year Locations: 584 at quarter end, up from 531 in the same quarter last year Same-Store Sales were flat year on year, in line with the same quarter last year Market Capitalization: $1.13 billion "First quarter same restaurant traffic results are encouraging and continued the trends we experienced exiting 2024, demonstrating both the strength and the resilience of the First Watch brand,' said Chris Tomasso, CEO and President of First Watch. Company Overview Based on a nautical reference to the first work shift aboard a ship, First Watch (NASDAQ:FWRG) is a chain of breakfast and brunch restaurants whose menu is heavily-focused on eggs and griddle items such as pancakes. Sales Growth Examining a company's long-term performance can provide clues about its quality. Any business can put up a good quarter or two, but many enduring ones grow for years. With $1.06 billion in revenue over the past 12 months, First Watch is a mid-sized restaurant chain, which sometimes brings disadvantages compared to larger competitors benefiting from better brand awareness and economies of scale. On the bright side, it can still flex high growth rates because it's working from a smaller revenue base. As you can see below, First Watch grew its sales at an exceptional 19.2% compounded annual growth rate over the last five years (we compare to 2019 to normalize for COVID-19 impacts) as it opened new restaurants and increased sales at existing, established dining locations. First Watch Quarterly Revenue This quarter, First Watch's year-on-year revenue growth was 16.4%, and its $282.2 million of revenue was in line with Wall Street's estimates. Looking ahead, sell-side analysts expect revenue to grow 20% over the next 12 months, similar to its five-year rate. This projection is admirable and suggests the market is baking in success for its menu offerings.
Yahoo
05-05-2025
- Business
- Yahoo
First Watch (FWRG) Reports Q1: Everything You Need To Know Ahead Of Earnings
Breakfast restaurant chain First Watch Restaurant Group (NASDAQ:FWRG) will be reporting results tomorrow before market hours. Here's what investors should know. First Watch met analysts' revenue expectations last quarter, reporting revenues of $263.3 million, up 7.6% year on year. It was a strong quarter for the company, with an impressive beat of analysts' EPS estimates and a solid beat of analysts' EBITDA estimates. Is First Watch a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting First Watch's revenue to grow 16.9% year on year to $283.5 million, improving from the 14.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.03 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. First Watch has missed Wall Street's revenue estimates five times over the last two years. Looking at First Watch's peers in the sit-down dining segment, some have already reported their Q1 results, giving us a hint as to what we can expect. BJ's delivered year-on-year revenue growth of 3.2%, meeting analysts' expectations, and Brinker International reported revenues up 27.2%, topping estimates by 2.6%. BJ's traded up 13.4% following the results while Brinker International was down 16.4%. Read our full analysis of BJ's results here and Brinker International's results here. There has been positive sentiment among investors in the sit-down dining segment, with share prices up 9.2% on average over the last month. First Watch is up 15.2% during the same time and is heading into earnings with an average analyst price target of $23.82 (compared to the current share price of $18.60). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. Sign in to access your portfolio
Yahoo
30-04-2025
- Entertainment
- Yahoo
Look at Dolly Parton's Nashville hotel: Renderings show guitar entrance, shimmer wall
Country music legend Dolly Parton's goal of "bringing Dollywood to Nashville" may be one step closer to fruition. Plans for her 12-story Songteller Hotel at 211 Commerce Street are set to go before the Metropolitan Development and Housing Agency Design Review Committee next week, and that means Nashvillians are getting their first look at renderings of the exterior. Parton's team will transform the office building that currently houses restaurants Black Tap and First Watch into a massive ode to Parton's legacy. It will include a museum with some of her iconic outfits through the years, on-site dining and bar concepts, an entertainment venue and a special suite that's especially well-suited for bachelorette parties, the "Six Sisters Suite." The Dollywood Co. purchased the 233,314-square-foot building on a valuable 0.5-acre plot off of Lower Broadway at 211 Commerce St. for $75 million in 2023. At the time, Parton called it a "great investment" and emphasized her belief in Nashville's future. Parton's hotel will use the infrastructure of the existing office building, requiring construction of a front awning, adding another elevator inside, install a kitchen for the restaurant and other details, according to Metro records. Across the street from Nashville's distinctive AT&T "Batman" building, renderings from Metro records show the hotel with a large, guitar-shaped front entrance on Commerce Street topped with the Songteller's butterfly emblem. Around the back of the building, looking out onto Third Avenue, the renderings reveal a raised plaza leading up to the hotel and the existing First Watch entrance. There, one rendering depicts a 46-foot-tall metal art installation of Parton singing with music notes swirling around her. Behind the depiction of her is a "shimmer wall" of colorful iridescent material and a backlighting element to light the wall at night. For now, there is no official name for the Dolly Parton museum that will open inside of the Songteller Hotel — though it is dubbed Project Bouffant and specified as being located on the third floor in Metro Nashville permits. Parton and her team have not specified an opening timeline for the hotel, but she told The Tennessean in January that she's expecting it to be done by 2030. 211 Commerce St. is located squarely in the Capitol Mall redevelopment district, which is why the project requires MDHA approval. Hadley Hitson covers business news for The Tennessean. She can be reached at hhitson@ To support her work, subscribe to The Tennessean. This article originally appeared on Nashville Tennessean: Dolly Parton's Nashville hotel: New renderings of Songteller revealed
