restaurant

Jon Bon Jovi to open Pay-What-You-Can Restaurant

Published on Wed, 04/27/2011 - 11:14
By FNNO Staff in General Interest, celebrity, entertainment, jbj, jon bon jovi, music, new jersey, news, red bank, restaurant, News Update
celebrity, entertainment, jbj, jon bon jovi, music, new jersey, news, red bank, restaurant

If you're looking for a cheap meal, rocker Jon Bon Jovi may have a solution. The rock star is adding food and philanthropy to his latest list of projects. The Jersey born bad boy is opening a pay-what-you-can restaurant in Red B

By FNNO Staff
fnnonline@gmail.com

Ruby Tuesday Posts Weak Q3 Earnings, Shares Down 11% After Market (RT)

analyst, bread, earnings, eps, food, investment, labor, nyse, restaurant, revenue, rt, ruby tuesday, sales, service, share, shareholder, stock, wall street

Ruby Tuesday (NYSE:RT) reported Q3 EPS of $0.25, below the consensus estimate for $0.31 per share.

By FNNO Staff
fnnonline@gmail.com

Sbarro Filing For Chapter 11 Bankruptcy Protection

The chain has suffered since consumers reduced spending in the recession. It was also hurt due to the fact that many restaurant locations are in retail malls, which shoppers avoided during the economic downturn.

Sbarro is also hurt by debt that it took on when private-equity firm MidOcean Partners bought it in January.

It has total assets of about $471 million and about $486.6 million in debt, according to the bankruptcy filing.

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Sbarro Inc. said that it is filing for Chapter 11 bankruptcy protection as it looks to restructure.

By FNNO Staff
fnnonline@gmail.com

Krispy Kreme Doughnuts Missed Q4 Revenue Estimates

James H. Morgan, President and Chief Executive Officer, commented: "In fiscal 2011, Krispy Kreme generated operating income, excluding impairment and lease termination costs, of $19.2 million, which was at the high end of our $17

analyst, ceo, coffee, consensus, donuts, doughnuts, earnings, eps, fiscal, food, income, james morgan, kkd, krispy kreme, loss, nyse, restaurant, revenue, sales, share, stock, stores, wall street

Krispy Kreme Doughnuts (NYSE:KKD) reported a Q4 loss of $0.02 per share. Revenues for the quarter rose 5.7% to $91.7 million, missing consensus estimates of $92.55 million.

By FNNO Staff
fnnonline@gmail.com

Citigroup Downgraded OpenTable To Hold, Maintained $108 PT

The bank sees 2011 EPS of $1.07, vs. consensus estimates of $1.10 per share, and 2012 EPS of $1.66, in line with consensus estimates.

OpenTable is currently above its 50-day moving average (MA) of $87.97 and above its 200-day of $66.88.

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Citigroup downgraded OpenTable (NASDAQ:OPEN) to hold from buy and maintained its $108 price target.

By FNNO Staff
fnnonline@gmail.com

Full House Resorts, FireKeepers to Construct Hotel at Firekeepers Casino Site

The project, which is in its final design stage, is expected to break ground in spring of 2011. It is anticipated to open in late summer of 2012.

According to the resort company, the hotel will feature 240 luxury rooms, a number of suites, a pool and fitness area, a full-service restaurant, gift shop and a larger dedicated bingo facility, as well as other amenities.

american indians, bingo, building, casino, construction, firekeepers, fll, full house resorts, gambling, gift shop, hotel, native americans, pool, resorts, restaurant, shares, stocks, suites, tribal land, vegas

Full House Resorts (FLL) today announced that the FireKeepers Development Authority will construct a 240-room resort-style hotel on the FireKeepers Casino site.

By Stephanie Shyu
sshyu@fnno.com

Cheesecake Factory Beats Q4 EPS Estimates by a Penny but Revenue Light (CAKE)

The company said it sees pro forma earnings up 15%.

Chairman and CEO Dave Overton said, "The fourth quarter marks our eighth consecutive quarter of improving comparable sales, again driven by increases in guest traffic. We delivered positive comparable sales in every quarter of 201

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Cheesecake Factory (NASDAQ:CAKE) reported Q4 EPS of 36 cents, topping consensus estimates of 35 cents per share. Revenue during the quarter totaled $416.7 million, just below the Street target of $418.2 million.

By Stephanie Shyu
sshyu@fnno.com

Morgan Stanley Adjusted Its 2011, 2012 EPS Estimates For OpenTable, Maintained Its EW Rating

The bank sees 2011 EPS of $0.77, down from $0.86 per share, and 2012 EPS of $1.28, up from $1.12 per share.

OpenTable is currently above its 50-day moving average (MA) of $75.14 and above its 200-day of $57.89.

opentable, restaurant, reservation, buy, sell, stock, trade, invest, roi, return, margin, profit, revenue, analyst, upgrade, downgrade, price, target, market, sector, industry, rating, report, research, eps, moving average, morgan stanley, NASDAQ:OPEN

Morgan Stanley adjusted its 2011 and 2012 EPS estimates for OpenTable (NASDAQ:OPEN) and maintained its equal-weight rating.

By Christie Duffy
cduffy@fnno.com

Ruby Tuesday Reports Fiscal '11 Q2 Net Income of $4.6M

Published on Wed, 01/05/2011 - 17:05
By Stephanie Shyu in Earnings Lookback, RT, closing bell, earnings, financial, fiscal, menu, nyse, quarter, restaurant, rt, ruby tuesday, sandy beall, shares, stock market

Same-restaurant sales at company-owned Ruby Tuesday restaurants were 4.2%.

closing bell, earnings, financial, fiscal, menu, nyse, quarter, restaurant, rt, ruby tuesday, sandy beall, shares, stock market

Ruby Tuesday, Inc. (NYSE:RT) released its second quarter fiscal 2011 financial results following the closing bell Wednesday afternoon, reporting net income of $4.6 million, up from $0.4 million in the year-ago period. Diluted earn

By Stephanie Shyu
sshyu@fnno.com

Sonic Reports 2.4% Decline in Fiscal First Quarter System-Wide Same-Store Sales

Published on Tue, 01/04/2011 - 17:01
By Stephanie Shyu in Earnings Lookback, SONC, burger, coneys, drive in, financial, fiscal, food, franchise, ice cream, income, nasdaq, restaurant, sales, share, sonc, sonic, tax
sonic, nasdaq, sonc, financial, fiscal, drive in, income, share, tax, sales, franchise, ice cream, burger, coneys, food, restaurant

Sonic Corp.

By Stephanie Shyu
sshyu@fnno.com

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