Maple Street Biscuit Company, a Cracker Barrel-owned restaurant chain, shuttered more than a dozen locations that fell short of its financial expectations. Cracker Barrel warned in its earnings call last week that 14 locations would be impacted by the closures during fiscal 2026. However, Cracker Barrel told FOX Business that it had already closed the locations.“We appreciate the continued patronage of the many guests who have dined with Maple Street at these 14 locations over recent years and thank our tea ...

公司战略调整 - 公司计划关闭北美地区约1%的门店 使美国和加拿大门店总数降至近18300家 截至第三季度北美共有18842家门店[1] - 公司将削减900个非零售岗位并关闭空缺职位 作为10亿美元重组计划的一部分[2] - 公司计划在未来12个月内投资1000家门店 重点打造舒适咖啡厅氛围 逐步减少以取餐为主的客户体验[5] 管理层举措 - 首席执行官Brian Niccol强调将严格控制成本并专注于推动长期增长的关键领域[2] - 公司要求包括支持伙伴和人事经理在内的企业员工自9月29日起每周到办公室工作四天[3] - 管理层将对门店组合进行重新评估 关闭无法创造理想物理环境或缺乏财务表现路径的咖啡厅[5] 财务表现 - 美国同店销售额连续第六个季度下降 最新季度下降2% 与上一季度降幅一致但好于预期的2.5%下降[4] - 可比交易量下降4% 但好于华尔街预期的4.5%降幅[4] - 公司今年早些时候已裁员1100人 计划将节省的资金用于投资门店 增加客户服务员工[3] 运营影响 - 纽约市哥伦布大道与67街门店将于次日关闭 顾客通过社交媒体分享当地门店关闭信息[6] - 西雅图Reserve Roastery烘焙工坊关闭引发关注 该门店为工会组织门店 TikTok相关视频获得超过50万次观看[7] - 员工在Reddit论坛分享门店关闭信息及工会化情况[6]

Starbucks' chief technology officer Deb Hall Lefevre resigned without a permanent replacement, according to an internal memo sent to corporate staff on Monday, seen by Reuters. ...

By Waylon Cunningham -Starbucks' chief technology officer Deb Hall Lefevre resigned without a permanent replacement, according to an internal memo sent to corporate staff on Monday, seen by Reuters. The memo, written by Chief Financial Officer Cathy Smith, named Ningyu Chen, previously senior vice president of global experience technology, as interim chief technology officer. Lefevre, a former McDonald’s executive, was hired in May 2022 as part of the chain's focus on improving its drive-through, mobile ...

Maple Street Biscuit Company, a Cracker Barrel-owned restaurant chain, shuttered more than a dozen locations that fell short of its financial expectations.  Cracker Barrel warned in its earnings call last week that 14 locations would be impacted by the closures during fiscal 2026. However, Cracker Barrel told FOX Business that it had already closed the locations."We appreciate the continued patronage of the many guests who have dined with Maple Street at these 14 locations over recent years and thank our te ...

Meridian Funds, managed by ArrowMark Partners, released its “Meridian Contrarian Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The U.S. equity market showcased a significant recovery during the quarter, rising 23% from low to end the quarter at a record high. U.S. large-cap stocks gained 11.1% in the quarter, and within the large-cap category, growth stocks outperformed value stocks. In this environment, the fund returned 16.42% (net) during the quarter, exceeding ...

With the major equity indices continuing to sit around record highs, you’d be forgiven for thinking it’s been smooth sailing for investors. But dig a little deeper, especially in non-tech names, and plenty of individual stocks are being punished. For investors with an appetite for risk and contrarians, that’s often where the biggest opportunity can be lying. As Wall Street likes to say, trying to “catch a falling knife” can be risky, but the payoff can be huge if you time it right. Two stocks that now fit t ...

You might know Darden Restaurants (NYSE: DRI ) best as the company that owns Olive Garden, but this company actually owns 10 restaurant concepts in total, including LongHorn Steakhouse and Yard House. This portfolio of restaurants gives itI am a freelance business writer. I formerly wrote articles for the Motley Fool Blogging Network, where I won several editor's choice awards. After that, I wrote articles for the main Motley Fool site. I typically focus on restaurants, retailers, and food manufacturers, co ...

We recently published 14 Stocks Jim Cramer Discussed Including His 2 Top Quantum Computing Stocks. ABrinker International, Inc. (NYSE:EAT) is one of the stocks Jim Cramer recently discussed. Cramer frequently discusses Brinker International, Inc. (NYSE:EAT) in his morning show. The reason he does so is due to the turmoil that some other restaurant stocks are experiencing. Cramer believes that Brinker International, Inc. (NYSE:EAT) stands out from the pack, and he is also a fan of the firm’s CEO, Kevin Hoc ...

This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter. After years of underperforming, casual dining seems to have hit its stride this year. Chili’s is posting record-breaking same-store sales and traffic growth, while others, like Applebee’s, switched from negative to positive sales growth this year. Value moves by casual chains have put the segment in direct price competition with fast food and fast casual — to ...