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Steal This Chicken (Sandwich): As Competition Mounts, Will Customers Be Loyal?
Monday, March 8, 2021 - 5:37pm | 786As the chicken sandwich competition continues to intensify, Margo Kahnrose, the chief marketing officer of marketing technology company Kenshoo, told Benzinga the battle for consumers' minds and wallets will merely increase. Taking Advantage Of Beef's Weakness: Beef's popularity...
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Wendy's CEO Touts Breakfast And Digital Momentum
Thursday, March 4, 2021 - 11:58am | 325Fast-food chain Wendys Co (NASDAQ: WEN) placed a bet big on a new breakfast menu option, but the timing of the launch coincided with the very early days of the COVID-19 pandemic. Nearly one year later, sales are "quite remarkable," Wendy's President and CEO Todd Penegor said on...
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Guy Fieri, Mariah Carey And More Celebrities Launching A Ghost Kitchen Concept
Thursday, February 18, 2021 - 6:44pm | 726Celebrity chef Guy Fieri recently launched a new ghost kitchen concept called Guy Fieri's Flavortown Kitchen. He joins countless other celebrities looking to leverage their personal brand and popularity with a food concept. What Is A Ghost Kitchen? A ghost kitchen, interchangeable with a...
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Wendy's, Burger King Simultaneously Join The Latest Chicken Sandwich Craze
Thursday, February 18, 2021 - 1:10pm | 511Days ahead of McDonald's Corp's (NYSE: MCD) nationwide launch of its premium chicken sandwich, both Wendys Co (NASDAQ: WEN) and Restaurant Brands International Inc's (NYSE: QSR) Burger King announced competing offerings. Wendy's Jalapeño Popper Chicken: Wendy's announced...
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'I'll Take Two Tacos, Please': Chipotle Testing Carside Pickup
Friday, January 29, 2021 - 5:26pm | 299Casual fast-food chain Chipotle Mexican Grill, Inc. (NYSE: CMG) announced Thursday a new initiative called Chipotle Carside, which offers its menu items delivered to a parked car, although this is far from the first in the restaurant industry to do so. Order From Your Car:...
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3 Fast-Food Stocks To Own Right Now: Coffee, Pizza And Mickey D's
Wednesday, January 20, 2021 - 5:15pm | 372Investors looking for exposure to the fast food and restaurant space may want to consider Domino's Pizza, Inc. (NYSE: DPZ), McDonald's Corp (NYSE: MCD), and Starbucks Corporation (NASDAQ: SBUX), Goldman Sachs analysts said in a note that was subject of a recent CNBC "Trading...
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Morgan Stanley's Restaurant Pair Trade: Upgrade Darden, Downgrade Restaurant Brands
Tuesday, January 19, 2021 - 2:20pm | 471Darden Restaurants, Inc. (NYSE: DRI) may offer investors better opportunities based on a post-COVID pandemic demand for dining out, while Restaurant Brands International Inc (NYSE: QSR) has fewer catalysts to improve slumping sales. The Analyst: John Glass upgraded Darden's stock from Equal-...
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3 Reasons Why Chipotle's Stock Could Hit $1,650
Thursday, January 14, 2021 - 1:36pm | 300Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) more than tripled from 2020 lows, but the three catalysts ahead make the case for further appreciation in the stock, according to RBC. The Chipotle Analyst: Christopher Carril upgraded Chipotle's stock from Sector Perform to Outperform with a...
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Taco Bell Is 'Starting Fresh' With Beyond Meat Vegan Options In 2021
Thursday, January 14, 2021 - 11:55am | 383Fast-food chain Taco Bell is "starting fresh" in 2021 with plans to launch new Beyond Meat Inc (NASDAQ: BYND) plant-based protein along with the reintroduction of Cheesy Fiesta Potatoes and the Spicy Potato Soft Taco. What Happened: Taco Bell said in a Thursday press release it is teaming...
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Burger King Undergoes Regal Redesign: Will It Impress Customers?
Thursday, January 7, 2021 - 6:04pm | 355Burger King announced Thursday its first brand identity refresh in more than 20 years to better represent the business in 2021 and beyond. What Happened: Burger King is refreshing its entire brand image to better reflect its digital-first focus along with improvements to taste and food quality, the...
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Restaurant Brands Analyst Bullish On Upcoming Catalysts For Burger King Owner
Thursday, January 7, 2021 - 4:47pm | 376Restaurant Brands International Inc (NYSE: QSR) was the only large-cap quick-service restaurant to end 2020 in the red, but the company has catalysts ahead to reverse its losses in 2021, according to Stephens. The Restaurant Brands Analyst: James Rutherford upgraded Restaurant Brands from...
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KFC Pecks Its Way Into Premium Chicken Sandwich Battle
Thursday, January 7, 2021 - 12:58pm | 353Kentucky Fried Chicken wants to become a major player in the premium chicken sandwich category. On Thursday, the Yum! Brands, Inc. (NYSE: YUM)-owned chain launched what it calls its "best chicken sandwich ever." What Happened: The chicken sandwich battle throughout 2020 has been...
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McDonald's Chicken Sandwich Takes Flight Among New Offerings By National Chains
Tuesday, January 5, 2021 - 2:29pm | 368Many restaurant chains aren't wasting time in kicking off 2021 on a strong note. Here is a summary of some new initiatives that will become available to you in the coming weeks, if not sooner. McDonald's Chicken Sandwich: Perhaps the most notable new menu launch in 2021 will be McDonald...
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McDonald's Offers The Most Visible Top-Line Growth Story In Fast Food, Analyst Says
Tuesday, January 5, 2021 - 11:35am | 290McDonald's Corp (NYSE: MCD) offers investors one of the most visible top-line growth stories in the global fast-food category, according to Wedbush. The McDonald's Analyst: Nick Setyan initiated coverage of McDonald's stock with an Outperform rating and $240 price target. The McDonald...
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What's On The Menu? Wells Fargo Cooks Up Some Stock Picks
Friday, December 18, 2020 - 9:15am | 568As 2020 comes to an end and a vaccine could usher in a return to some form of normalcy, several restaurant stocks are uniquely positioned to benefit from consumers "flush with cash to spend," according to Wells Fargo. Better Setup In 2021: Casual dining companies took several steps in...