Red Robin (NASDAQ:RRGB) Closes Cary Site as $96 Million Debt Reset Nears
Red Robin closed its Cary, North Carolina restaurant. The move comes as the company approaches a $96 million debt reset. CARY, North Carolina, July 16, 2026, 07:15 EDT
Papa Murphy’s Shuts Most Company Stores as It Reworks Margins
MTY Food Group Inc. plans to shut down 45 to 50 Papa Murphy’s locations, a move that would leave it with almost no direct company-run sites if the year-end store count stays about the same. The cuts signal MTY is stepping back from running Papa Murphy’s outlets itself, not just trimming its store network.
Hardee’s franchisee bankruptcy reveals a one-third revenue-per-store gap
Superior Star’s approximately $80 million in 2025 sales looks close to Hardee’s average only when divided by the 59 restaurants the Chapter 11 franchisee still operates. Adjust for 30 stores shut mostly late in the year, and revenue per restaurant falls to an estimated $860,000 to $900,000, roughly one-third below the chain’s latest franchised-store average.
Chipotle (NYSE:CMG) Mexico debut is a growth test, not an earnings turn
Chipotle Mexican Grill will open its first restaurant in Mexico on Thursday, but the launch will leave partner-operated outlets, which another company runs day to day, at fewer than four in every 1,000 Chipotle stores worldwide. On the company’s own figures, Mexico is still an option on future growth rather than a near-term answer to soft U.S. sales.
MTY Food Group (TSE:MTY) to shut 29% of company-owned stores as C$91M gets wiped out
MTY Food Group Inc. said Friday it plans to close 68 company-owned stores in the next nine months after posting lower second-quarter revenue and profit. CEO Eric Lefebvre called it “the right long-term action for the business.”
Hardee’s Franchisee Bankruptcy Filing Shows Heavy 95% Claim Concentration
Superior Star LLC’s Chapter 11 filing ended the week with a telling number: 94.6% of the Hardee’s operator’s 20 biggest unsecured claims tie back to seller financing, settlements, closed leases or rent, not basic trade payables. Most of the exposure sits with acquisition and property liabilities instead of unpaid regular vendors.
Cheesecake Factory (CAKE) Stock Touches All-Time High on Citi’s $90 Target; One Target Still Higher
The Cheesecake Factory Incorporated finished Friday at an all-time high of $82.76, rising 5.5% after Citi, part of Citigroup, bumped its target to $90 from $76 and maintained a Buy call. The stock hit $84.17 earlier in the session, trading nearly 2.29 million shares.
Chipotle (NYSE:CMG) bounces back; buyback gap remains before July earnings
Chipotle Mexican Grill Inc starts the week with a simpler chart, but its price gap remains. Shares ended Friday at $33.34, up 3.28% for the day, and 2.6% above the June 18 close after dropping 6.0% on Monday, then rising for four sessions, daily data showed.
Chipotle Mexican Grill (NYSE:CMG) stock drops 6% as margin math undercuts fast-casual rebound
Chipotle Mexican Grill shares fell sharply on Monday, with Chipotle Mexican Grill closing 6.00% lower at $30.54 as investors sold one of the restaurant sector’s former premium growth names after a long U.S. market weekend. The stock’s drop left it only modestly above its 52-week low of $28.04.
Cracker Barrel Rises as New CEO Masino’s Plans Draw Focus
Cracker Barrel Old Country Store shares surged last week after reporting higher quarterly results. The stock ended at $36.30 on June 9, then climbed to $46.69 by June 12, company data shows. Fox News’ OutKick said Monday the stock “soared nearly 37% last week” as customers returned for old favorites, value meals and the Uncle Herschel’s menu. CEO Julie Felss Masino got some breathing room after earlier criticism over the chain’s rebrand effort.
McDonald’s aims at chicken rivals with updated pitch to lure diners
McDonald’s is pushing chicken, automation, and a bigger effort on social-media marketing in a new corporate plan. The company is betting this mix will help bring in more budget-minded diners as the scramble over value and food quality heats up.
Shake Shack Stock Slides 10% After Guidance Cut: Why SHAK Is Under Pressure Now
Shake Shack Inc. shares dropped more than 10% on Tuesday after the burger chain cut its second-quarter and full-year guidance, a fresh hit to a stock already under pressure from weaker restaurant demand and high beef costs.
Wendy’s turnaround now extends beyond burger discounts
Zacks Research cut its Q2 EPS forecast on Wendy’s to 17 cents from 18 cents just a few days after Robert D. “Bob” Wright stepped in as president and CEO. The burger chain’s shares last traded at $7.81, with U.S. markets closed Monday for Memorial Day.
Hooters Restaurants Pitches Family Appeal as Business Comeback Faces Scrutiny
Hooters’ founder-led group is making a push to revamp the brand after buying it out of bankruptcy. The owners want to shift Hooters back to being a beach-themed neighborhood spot, aiming for more family business. Hooters Inc. said changes are rolling out now — updates to older uniforms, fresher food, and upgrades underway at about 140 of its 198 U.S. stores as well as 60 abroad. CEO Neil Kiefer said the group is “taking back the Hooters name.”
Red Robin Shares Rise After Earnings Beat
Red Robin Gourmet Burgers shares rose in after-hours trading Tuesday. The burger chain beat analysts’ revenue estimates and reaffirmed its 2026 outlook. Still, first-quarter sales and traffic both declined from last year.
Cava Earnings Beat Challenges Restaurant Slowdown Talk
Cava Group lifted its full-year sales and profit forecast Tuesday after posting stronger first-quarter results, helped by increased restaurant traffic. The company’s update offered investors a clearer view on growth as most of the U.S. restaurant sector continues to struggle with wavering consumer demand.
Shake Shack Stock Drops Again As Wall Street Cuts Targets After Earnings Miss
Shake Shack Inc. shares slid for another session Monday, ending the day down 8.0% at $64.50. UBS trimmed its price target, and investors continued to dump the stock after Shake Shack reported a first-quarter loss. The New York Stock Exchange was shut at press time.
Shake Shack Stock Plunge: Q1 Loss, Beef Costs and New CFO Put Burger Chain on the Spot
Shares of Shake Shack Inc. tumbled Thursday, dropping as much as 30.4% after the burger chain posted a first-quarter net loss, missed analyst expectations, and brought on a new CFO. Rising beef prices and higher spending weighed on results, with revenue coming in below forecasts. Investors reacted sharply, questioning how much expansion they’re willing to back under current pressures.
Shake Shack Stock (SHAK) Plunges 28% After Earnings Miss, Beef Costs and New CFO Move
Shake Shack shares tumbled roughly 28%, landing at $69.53 early Thursday after the burger chain posted a quarterly loss, came up short on revenue, and announced Michelle Hook would become its next CFO. The stock dropped as low as $67.21 during the session.
Chipotle Stock Faces a New Test as $2.50 Tacos Chase Afternoon Diners
Chipotle Mexican Grill is rolling out a $2.50 taco deal across three U.S. markets, targeting the afternoon snack crowd. The burrito chain is hoping the small-ticket offer will help sustain momentum after posting a stronger-than-forecast quarter.