Shares of sushi restaurant chain Kura Sushi (NASDAQ:KRUS)
jumped 5.5% in the morning session after its stock was lifted by positive sentiment in the restaurant sector after peer Denny's Corp. announced it had agreed to be acquired at a significant premium. The Denny's buyout deal was valued at $620 million, which represented a 52.1% premium to its closing price from the previous session. A high-value deal for a company in the same industry can boost investor confidence in the sector as a whole, suggesting other restaurant stocks may be seen as attractive. This positive sentiment appeared to spill over to Kura Sushi. The move also came at a time when analysts held a generally positive outlook on Kura Sushi's stock.
Shares of sushi restaurant chain Kura Sushi (NASDAQ:KRUS)
fell 3.8% in the afternoon session after an analyst at Benchmark lowered the company's price target to $85 from $102.
Growth is a hallmark of all great companies, but the laws of gravity eventually take hold.
Those who rode the COVID boom and ensuing tech selloff in 2022 will surely remember that the market’s punishment can be swift and severe when trajectories fall.
A number of stocks fell in the afternoon session after President Donald Trump threatened to impose "massive" tariffs on Chinese products, reigniting trade war fears.
A number of stocks fell in the afternoon session after a report showed U.S. consumer confidence unexpectedly fell for a second straight month to a five-month low.
Companies that burn cash at a rapid pace can run into serious trouble if they fail to secure funding.
Without a clear path to profitability, these businesses risk dilution, mounting debt, or even bankruptcy.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q2. Today, we are looking at sit-down dining stocks, starting with Darden (NYSE:DRI).
Restaurants are go-to meeting hubs for friends, family, and colleagues. Still, their demand can ebb and flow with the broader economy because consumers can always cook meals at home when times are tough, and the market seems to be baking in a downturn for the industry -
over the past six months, it has pulled back by 2%. This performance is a far cry from the S&P 500’s 17.7% ascent.
As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the sit-down dining industry, including The ONE Group (NASDAQ:STKS) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at The Cheesecake Factory (NASDAQ:CAKE) and the best and worst performers in the sit-down dining industry.
Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look at Kura Sushi (NASDAQ:KRUS) and its peers.
As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the sit-down dining industry, including First Watch (NASDAQ:FWRG) and its peers.
A highly volatile stock can deliver big gains - or just as easily wipe out a portfolio if things go south.
While some investors embrace risk, mistakes can be costly for those who aren’t prepared.
Growth is oxygen.
But when it evaporates, the consequences can be severe - ask anyone who bought Cisco in the Dot-Com Bubble or newer investors who lived through the 2020 to 2022 COVID cycle.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q2. Today, we are looking at sit-down dining stocks, starting with Red Robin (NASDAQ:RRGB).
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Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look at Texas Roadhouse (NASDAQ:TXRH) and its peers.
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