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Oppenheimer's top stock picks heading into year-end
  + stars: | 2024-11-20 | by ( Sean Conlon | ) www.cnbc.com   time to read: +3 min
Meanwhile, the Dow Jones Industrial Average and the S & P 500 are each up more than 3% month to date. As November nears its close, Oppenheimer has updated its top stock ideas list. Its $145 price target reflects almost 22% upside from Tuesday's close. Oppenheimer believes medical technology company Transmedics is also due for a rally, as its $125 target reflects nearly 51% upside from Tuesday's close. TMDX YTD mountain TMDX, year-to-date For newly added Citigroup, Oppenheimer's $107 target implies more than 56% upside from Tuesday's close.
Persons: Stocks, Donald Trump's, Oppenheimer, Rob Lynch, Brian Bittner, Suraj Kalia Organizations: Oppenheimer, Nasdaq, Dow Jones Industrial, Citigroup, Oppenheimer's Locations: Instacart
Shake Shack CEO Rob Lynch goes one-on-one with Jim Cramer
  + stars: | 2024-10-30 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailShake Shack CEO Rob Lynch goes one-on-one with Jim CramerShake Shack CEO Rob Lynch joins 'Mad Money' host Jim Cramer to talk quarterly results, consumer trends, strategic priorities and more.
Persons: Rob Lynch, Jim Cramer
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMy goal is to bring Shake Shack to the world, says CEO Rob LynchShake Shack CEO Rob Lynch joins 'Mad Money' host Jim Cramer to talk quarterly results, consumer trends, strategic priorities and more.
Persons: Rob Lynch, Jim Cramer
My goal is to bring Shake Shack to the world," Lynch said. "I don't think there is a competitor for Shake Shack. We talk about ourselves as being a part of the fine casual movement; leading the fine casual movement." Nearing ten years on the market, Shake Shack started business in New York City as part of Danny Meyer's restaurant empire. "Now's our opportunity to leverage all of that and start opening up new markets and bringing Shake Shack to a lot more countries."
Persons: CNBC's Jim Cramer, Shake, Rob Lynch, " Lynch, Shack, Danny Meyer's, Meyer, Lynch Organizations: Shake Shack, Shake, Square Cafe, Michelin, Gramercy, Wednesday Locations: New York City, New York, California, JFK, LaGuardia, Newark, East, Asia, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Shake Shack CEO Rob Lynch and Union Square's Danny MeyerRob Lynch, Shake Shack CEO, and Danny Meyer, Union Square Hospitality Group founder, join 'Money Movers' to discuss overall restaurant demand, why earlier reservations are doing better, and much more.
Persons: Rob Lynch, Danny Meyer Rob Lynch, Shake, Danny Meyer Organizations: Shake Shack, Union, Square Hospitality Group
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRestaurant demand is 'better than ever', says Shake Shack founder Danny MeyerRob Lynch, Shake Shack CEO, and Danny Meyer, Union Square Hospitality Group founder, join 'Money Movers' to discuss overall restaurant demand, why earlier reservations are doing better, and much more.
Persons: Danny Meyer Rob Lynch, Shake, Danny Meyer Organizations: Shake Shack, Square Hospitality Group
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailShake Shack CEO Rob Lynch joins CNBC for first interview since assuming roleRob Lynch, Shake Shack CEO, joins 'Closing Bell Overtime' to talk entering the CEO position, its store format, its labor model and more.
Persons: Rob Lynch, Shake Organizations: CNBC, Shake Shack
Papa John's CEO: Industry is well-positioned for success in 2024
  + stars: | 2024-01-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPapa John's CEO: Industry is well-positioned for success in 2024Papa John's CEO Rob Lynch joins 'The Exchange' to discuss operating costs, transitioning to a new marketing plan, and more.
Persons: Papa, Rob Lynch Organizations: Industry
Grocery prices rose in July
  + stars: | 2023-08-10 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +4 min
New York CNN —Grocery prices ticked up 0.3% in July, after staying flat in June, driven largely by rising beef prices. Uncooked beef steaks prices rose 2.3% and uncooked ground beef rose 1.5%. Tyson (TSN) reported that while its prices for pork and chicken were down in the quarter ending in July, beef prices went up. Altogether, grocery prices rose 3.6% for the year, higher than the overall 3.2% increase of consumer prices — but not by much. What’s going on with menu pricesIn the month of July, menu prices rose a tiny bit, just 0.2%.
Persons: Joe Raedle, , Donnie King, Tyson, Bread, Rice, Sweets, Milk, WEN, Papa Johns, Rob Lynch, , we’ve, I’ve, Lynch Organizations: New, New York CNN, Bureau of Labor Statistics, TSN, USDA, Burger, Papa Johns Locations: New York
New York CNN —Consumers are pulling back on discretionary spending, and Papa Johns is taking a hit. Lynch joined Papa Johns (PZZA) in 2019. The vast majority, roughly 2,900 out of about 3,400 total North American Papa Johns restaurants, are franchised, according to the company. Sales at Papa Johns locations open at least a year fell in the second quarter. But now, they’re pushing back – and not just at Papa Johns.
Persons: Papa Johns, , Rob Lynch, , we’ve, I’ve, Lynch, American Papa Johns, Luke Sharrett, Papa, Kraft Heinz, Oscar Mayer, Kraft, Miguel Patricio, ” Patricio, George Frey, James Quincey, Steven Cahillane, “ We’re, , ’ ”, ” Lynch, it’s Organizations: New, New York CNN, American Papa, Papa Johns, Bloomberg, Kraft Mac, Kraft Locations: New York, Papa Johns, Capri Sun, Philadelphia, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe had a 40% increase in our commodity costs in 2022, but we see some easing: Papa John's CEOMad Money host Jim Cramer interviews Rob Lynch, CEO of Papa John's, after the company announced earnings this morning. Lynch says 2022 was the toughest year of his career.
The best food marketing stunts of the year
  + stars: | 2022-12-23 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +10 min
“The Big Cheez-It Tostada and Big Cheez-It Crunchwrap are in such Big demand that our limited offer is no longer available,” the chain said. Diane Bondareff/AP Images for Fancy FeastOver the summer, Fancy Feast invited people to answer the question: What does cat food taste like? The restaurant dishes drew inspiration from Fancy Feast Medleys, cat food that is itself inspired by human food like salmon primavera and turkey florentine. The restaurant’s menu was created by Amanda Hassner, in-house chef for Fancy Feast, as well as restaurateur Cesare Casella, a Michelin star winner, according to a Fancy Feast press release. Papa JohnsAs a permanent addition to the Papa Johns menu, the no-crust, toppings-only Papa Bowls are technically not a stunt.
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