DIRS.INFO The most relevant business & tech news

☆ Stocks making the biggest moves premarket: Estee Lauder, Bloomin' Brands, Palo Alto Networks and more
▼ + stars: | 2023-08-18 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Palo Alto Networks — Shares of the cybersecurity company edged 1.8% lower in premarket trading Friday. Palo Alto Networks' fiscal fourth-quarter earnings are expected to come out Friday afternoon. Analysts surveyed by FactSet's StreetAccount called for $1.96 billion in revenue and earnings per share of $1.29. The company reported adjusted earning per share of 7 cents, while analysts surveyed by Refinitiv had forecast a loss of 4 cents per share. The electronic design company said it anticipates adjusted earnings of $1.83 to $1.89 per share on revenue of $1.29 billion to $1.31 billion.

Persons: FactSet's StreetAccount, Alibaba, PDD, Nio, Estee Lauder —, Estee Lauder, Refinitiv, Keysight, Jeffrey Smith's, — CNBC's Michelle Fox Theobald, Jesse Pound Organizations: Palo Alto, Palo Alto Networks, Ross, Ross Stores, Refinitiv . Revenue, Technologies, Street Journal

☆ How States Are Threading the Needle on Flag Design
▼ + stars: | 2023-08-17 | by ( Mitch Smith | Sarah Almukhtar | ) www.nytimes.com time to read: +11 min

But it found that changing a state flag to make it stand out from the crowd is not a simple process. How States Are Threading the Needle on Flag Design Mitch Smith reported on the Utah flag from Centerville, Orem and Salt Lake City. And they don’t look like any other state’s flag. A version of Maine’s 1901 flagIn Michigan, a lawmaker suggested a panel to consider new flag designs. Some Utahns have already adopted the new flag design, even though it doesn’t officially become the state flag until next year.

Persons: Mitch Smith, Sarah Almukhtar, Brad Holdaway, SuAnn Taylor, “ They’re, Mr, Holdaway, Utahns, of Jesus Christ, Spencer Cox, Cox, Kim Raff, The New York Times “, ” Ted Kaye, NAVA, ” Mr, Kaye, Elizabeth Goodspeed, ”, Goodspeed, “ Hope, Laura Scofield, Doris Turner, Illinois ’, doesn’t, Chad Saunders Organizations: Republican, Beehive State, of Jesus, Gov, The New York Times, American Vexillological Association, Texas, Lone, Capitol, Democrat, Lone Star State Locations: Utah, Centerville, Orem, Salt Lake City, U.S.A, Illinois, Maine , Michigan, Minnesota, California, Rhode Island’s, Nebraska, Texas, California’s, Carolina’s, Maryland , California, South Carolina, New Mexico, South Dakota, Florida, Louisiana, Louisiana . Mississippi, Mississippi, Maine, Michigan, Utah In Utah

REUTERS/Paulo Whitaker/file photo Acquire Licensing RightsNEW YORK, Aug 15 (Reuters) - Private equity firm Bain Capital on Tuesday agreed to buy Fogo de Chão, in a deal people familiar with the matter said valued the Brazilian steakhouse chain at about $1.1 billion, including debt. The deal marks a win for private equity firm Rhone Capital, which took Fogo de Chão private for $560 million in 2018. The restaurant chain confidentially submitted paperwork for an initial public offering to regulators in late 2021, the sources said. Earlier in August, the Pollo Tropical restaurant chain was sold to Authentic Restaurant Brands for $225 million. Morgan Stanley & Co LLC is serving as financial adviser to Fogo de Chão and Rhône, while Sullivan & Cromwell served as legal counsel.

Persons: Paulo Whitaker, Rhône, Bain, Burger King, Dunkin, Ellis, Morgan Stanley, Sullivan, Cromwell, Abigail Summerville, Anirban Sen, Jonathan Oatis Organizations: Fogo de Chao, REUTERS, Bain Capital, Rhone Capital, Dunkin ’ Brands Inc, Brands Inc, Benihana, Deutsche Bank, Kirkland, Thomson Locations: Fogo de, Fogo de Chao Brazilian, Sao Paulo, Brazil, Chão, Fogo, Rhone, Southern Brazil, dealmaking, Sandwich, New York

☆ Inside Prague's Institute of Crypto Anarchy — where they're plotting to bring down the dollar
▼ + stars: | 2023-08-06 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +19 min

Today, that union of minds finds refuge in Prague in a retrofitted factory building called Paralelní Polis, or "parallel world." The dark stucco of Polis' Prague headquarters is an outlier among the ornate, brightly-colored buildings that tower over it. ETHPrague 2023 was held at Paralelní Polis in the Czech Republic Pavel SinaglThe 'parallel world' concept is sticky. The Vienna branch goes so far as to self-describe as a living example of how "the Paralelní Polis cryptoliberation virus is spreading." The most popular Czech bitcoin YouTuber boasts 90k subscribers, while the annual Czech-only bitcoin conference called Chaincamp attracts around 2000 visitors, even during the bear market."

Persons: Czech Republic Pavel Sinagl, Ztohoven —, Ztohoven, provocateurs, Václav Benda, Dan Ligocký, Ligocký, William Lobkowicz, ethereum, Vitalik Buterin, Ethereum, Pavel Sinagl, Prague MacKenzie Sigalos, Holy, William, Ileana Lobkowicz, Josef Tětek, Tětek, isn't, biohacking, —, Carl Menger, Friedrich Hayek, BTCPrague, Michael Saylor, Satoshi cryptographer, Adam Back, Saifedean Ammous, bitcoin, Gary Gensler, bitcoin maximalist, Vaclav, — Matěj Žák, Jan Čapek, Christoph Kassas, YouTuber Jakub Vejmola, Jameson Lopp, Stephan Livera, Robert Breedlove, Stani Kulechov, Ondrej Polak, Czech Republic Pavel Sinagl Ligocky Organizations: Paralelní, CNBC, European Union, Polis, of Cryptoanarchy, Austrian, Securities, Exchange, Czech Craft, U.S, Treasury, Casa, Ethereum Foundation, Czech Blockchain Association, optimist Locations: Paralelní Polis, Czech Republic, Czech Republic Pavel Sinagl PRAGUE, Czech, Bohemian, Prague, It's, Polis, Polis —, Lobkowicz, Nazi, Vienna, Barcelona, Bratislava, Slovakia, Košice, Austrian, ., Alza, Bohemia, Europe, Old Town, Holešovice

☆ Here are Wednesday's biggest analyst calls: Apple, Coinbase, Meta, Advanced Micro Devices, SoFi & more
▼ + stars: | 2023-08-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are Wednesday's biggest calls on Wall Street: Citi upgrades Advanced Micro Devices to buy from neutral Citi upgraded the chipmaker after its better than expected earnings report. Citi reiterates Home Depot as buy Citi said it's standing by its buy rating on the stock heading into earnings later this month. " Goldman Sachs reiterates SolarEdge as buy Goldman said it's standing by its buy rating on SolarEdge after its earnings report on Wednesday. "We maintain our Underperform rating as we remain concerned regarding the long-term prospects of the space tourism market. Needham reiterates Meta as underperform Needham said it's standing by its underperform rating on the stock.

Persons: Canaccord, Baird, Harry Sommer, BTIG, Wolfe, William Blair downgrades Bloomin, William Blair, Goldman Sachs, SolarEdge, Goldman, Bernstein, Uber, DJ Khaled, Mizuho, SoFi, SOFI, Rosenblatt, it's, Pinterest, Needham, underperform Needham Organizations: Citi, Devices, AMD, JPMorgan, Apple, Services, Oshkosh, Susquehanna, Mizuho, Bank of America, Virgin Galactic, underperform Bank of America, Meta Locations: 3Q23, Oshkosh, Norwegian

☆ A Florida steakhouse is selling a plant-based steak for a whopping $69
▼ + stars: | 2023-08-02 | by ( Nancy Luna | ) www.businessinsider.com time to read: +5 min

A Florida steakhouse chain is joining the fray by selling a $69 plant-based steak by Chunk Foods. Charley's Steak House is billing itself as the first steakhouse chain in the US to add a plant-based steak to its menu. The plant-based steak is so good that some staffers were fooled during blind taste tests, company Executive Vice President Clark Woodsby told Insider. Last year, Beyond Meat's sales slumped as consumers turned away from plant-based meat substitutes. To date, restaurant diners have experienced plant-based foods at fast-food chains like KFC, Pizza Hut, McDonald's, and Chipotle.

Persons: mignon, Charley's, Clark Woodsby, Mignon, Woodsby, Seth Miller, Miller, Amos Golan, Golan Organizations: Chunk Foods, Service, Chunk, Town, Texas Cattle Company, Foods, Steak, Foods Chunk Locations: Florida, Wall, Silicon, Central Florida, FishBones, Texas, Charley's

☆ What Covid? The Cheesy Cruise Makes a Big Comeback - The New York Times
▼ + stars: | 2023-08-01 | by ( Ezra Dyer | ) www.nytimes.com time to read: +3 min

And a recent AAA survey found that 52 percent of Americans say that compared with before the pandemic, they’re as likely or more likely to consider taking a cruise this year. Which brings us to the other thing that makes American cruises singular: More is always more. My family’s home for four days was once one of the largest passenger ships ever built, some 900 feet long and displacing more than 100,000 tons. While cruises themselves follow the same formula as always, parachuting hedonistic day-trippers into tourist-friendly ports, the post-Covid clientele has changed. Before Covid, the numbers were fairly even, but evidently the blue-state crowd is having a tougher time putting the Diamond Princess out of mind.

Persons: who’s, Taylor Swift, There’s, overstimulation, they’d Organizations: AAA, Cruises, downer, Royal, Republicans Locations: Bahamas

☆ Mysterious meat allergy passed by ticks may affect hundreds of thousands in US, CDC estimates
▼ + stars: | 2023-07-27 | by ( Brenda Goodman | ) edition.cnn.com time to read: +9 min

Lack of awareness, lack of diagnosisScientists have only recently begun to understand alpha-gal syndrome. Another third of respondents said they were not confident about their ability to diagnose or manage a patient with alpha-gal allergy. Diagnoses on the riseResearchers haven’t had a good idea how many Americans might have alpha-gal syndrome. This led to them to estimate that between 96,000 and 450,000 Americans may have been affected by alpha-gal syndrome since 2010. A CDC map shows the geographic distribution of suspected alpha-gal syndrome cases per 1 million population per year from 2017 to 2022.

Persons: Ken McCullick, “, …, “ I’m, ” McCullick, ”, Scott Commins, aren’t, they’d, wasn’t, haven’t, epidemiologists, Commins, ” Commins, Johanna Salzer, CNN Salzer, ” Salzer, Salzer, McCullick, Dr, Sanjay Gupta, anaphylaxis, ‘, ’, lightbulb Organizations: CNN, Alpha, US Centers for Disease Control, University of North Carolina School of Medicine, CDC, “, Get CNN, CNN Health Locations: Brooksville , Florida, United States, Lenexa , Kansas, Midwest

☆ Why Cities Across the US Look the Same: Remote Work, High Home Prices
▼ + stars: | 2023-07-25 | by ( David A. Banks | ) www.businessinsider.com time to read: +15 min

The shift to remote work early in the pandemic allowed wealthy residents to ditch big cities in droves and set up shop in smaller cities and towns nearby. While the surging costs of housing and the new freedom of remote work helped trigger this mass migration, small cities have been laying the groundwork over the last decade to entice these big-city refugees. Then came the pandemic, and remote work suddenly made small cities a viable home for wealthy professionals. For the past two decades, cities have turned to an economic development strategy I've deemed "the city authentic." It spiked even more during the pandemic when change of addresses from New York City jumped a whopping 787%.

Persons: Tim Burton, —, Richard Florida, millennials, DAVID BREWSTER, downtowns, weathers, It's, Alison Roman, Chrissy Teigen, it's, restaurateurs, John Greim, Instagramable cafés, David A, Banks Organizations: Urban, New York Times, Creative, The New York Times, Industrial Development Agency, IDA, Arts, Craft, Fulton, Star Tribune, Getty, Social, Business, New York City, Neighborhood Initiative, Globalization Studies, University, Albany SUNY, UUP Locations: America, Hudson, New York City, Austin , Texas, Charlotte, North Carolina, Denver , Minneapolis, Salt Lake City, Dallas, Louisville, Connecticut, Florida, Washington, Fulton, New York, Athens, Georgia, Tulsa , Oklahoma, Arts District, Saint Paul , Minnesota, , New York, Rensselaer, Troy, Rensselaer County, Newark , New Jersey, Dudley, Boston

Top 3 Amazon Gift Card dealsThe best gift cards for foodiesDeal icon An icon in the shape of a lightning bolt. Great Price Doordash Gift Card Give the gift of delicious food with a Doordash gift card. Great Price California Pizza Kitchen Gift Card Everybody loves pizza, so this California Pizza Kitchen gift card is a pretty safe bet. Deal Victoria's Secret Pink Gift Card Gift your friend or loved one some style with this Pink gift card from Victoria's Secret. Great Price Uber Gift Card For the traveler in your life, this Uber gift card could be the perfect accessory.

Persons: you'll, Price, Robin, You'll, Price Dave, Dave, Buster's, you've, Elaine Benes, we've Organizations: Amazon, GameStop, Buffalo Wild Wings, Cheesecake, Regal, GAP Locations: Grubhub, California

Persons: it's, you'll, Price, Robin, You'll, Price Dave, Dave, Buster's, you've, Elaine Benes, we've Organizations: Amazon Prime, Amazon, GameStop, Buffalo Wild Wings, Cheesecake, Regal, GAP Locations: Grubhub, California

☆ Some restaurants are now adding $10,000 tiny stools for luxury handbags
▼ + stars: | 2023-07-11 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Some middle-tier restaurants are now stocking stools for diners to place their luxury handbags on. One restaurant in Paris even stocks Hermés stools that cost almost $10,000 a piece. Priced at $9,150, the stools are more expensive than many luxury handbags. "Fine-dining-only service points have made their way into more mainstream restaurants as service, generally, has become elevated across the industry." Such shoppers are generally more likely to be the target market for expensive restaurants touting their handbag stools.

Persons: Le, Shingo, Shingo Akikuni Organizations: Service, Bloomberg Locations: Paris, Wall, Silicon, Europe, Harbor, Massachusetts, Coral Gables, Circana

☆ This ‘Achingly Cool’ California Steakhouse Has Been a Hollywood Favorite Since 1967
▼ + stars: | 2023-07-04 | by ( Glynis Costin | Photographs Maiwenn Raoult For The Wall Street Journal | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/dear-johns-culver-city-hollywood-favorite-since-1967-d6d149c

Persons: Dow Jones Organizations: johns Locations: culver, hollywood

New York CNN —The Small Business Administration distributed more than $200 billion in potentially fraudulent Covid-19 relief funds, according to a federal watchdog. At least 17% of the $1.2 trillion distributed by the SBA was wasted in fraud, the report found. Most of the fraud apparently happened through the EIDL funds, with the inspector general estimating more than $136 billion of fraudulent activity in that program. While the program successfully helped many companies pay workers during the pandemic, it was plagued by questionable lending and rampant fraud. To date, the agency has recovered nearly $30 billion in funds, according to the report.

Persons: Chris Steakhouse, Trump Organizations: New, New York CNN, Small Business Administration, SBA, Washington, PPP, Los Angeles Lakers Locations: New York

☆ Olive Garden parent earnings beat estimates, fueled by strong LongHorn Steakhouse sales
▼ + stars: | 2023-06-22 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Darden Restaurants on Thursday reported quarterly earnings that topped Wall Street's expectations, fueled by strong LongHorn Steakhouse sales. The company's same-store sales increased 4%, led by strong performance by LongHorn Steakhouse. The steakhouse chain reported same-store sales growth of 7.1%, topping StreetAccount estimates of 4.9%. But Olive Garden, which accounts for roughly 45% of Darden's sales, reported weaker-than-expected performance for the quarter. Darden's fine-dining segment reported same-store sales declines of 1.9%.

Persons: Gene Lee, Lee, Darden, Olive, Eddie V's, Chris Steak Organizations: Darden, LongHorn, Refinitiv Locations: Olive, Pittsburg , California

☆ Mediterranean restaurant chain Cava is going public. More restaurants could follow its lead
▼ + stars: | 2023-06-15 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

As Cava prepares to make its public market debut Thursday, other restaurant companies will be watching closely while they decide whether to follow in the Mediterranean restaurant chain's footsteps. The last 18 months have marked the slowest initial public offering market since the financial crisis. Cava's IPO could help break that drought, as a handful of restaurants watch to see how the chain fares as they mull whether to jump into the public market themselves. "A successful IPO from Cava should open the door to more restaurant IPOs," said Matt Kennedy, senior strategist at Renaissance Capital. That bodes well for the restaurant companies waiting in the wings to go public.

Persons: Cava, Matt Kennedy, Kennedy, Kevin McCarthy, Neuberger Berman Organizations: U.S, Renaissance, Cava, New York Stock Exchange, CNBC, Group, Brands Locations: Ukraine, U.S, Cava, Chão

☆ Mediterranean restaurant chain Cava stock soars as much as 107% in market debut
▼ + stars: | 2023-06-15 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

A banner for the Mediterranean restaurant chain Cava is displayed outside of the New York Stock Exchange (NYSE) as the company goes public on June 15, 2023 in New York City. The stock trades on the New York Stock Exchange under the ticker symbol "CAVA." The company sold 14.4 million shares, raising nearly $318 million and initially valuing the restaurant chain at roughly $2.45 billion. Shares of Mediterranean restaurant chain Cava soared as much as 107% in its market debut Thursday morning before giving up some of those gains. Sector leader Chipotle made its public market debut back in 2006 and has seen its market value grow to $56.9 billion.

Persons: Zoes, It's, Brett Schulman, Chipotle Organizations: New York Stock Exchange, Group, Brands Locations: Cava, New York City, Chao

☆ Ron DeSantis is drawing from the Trump Supreme Court playbook
▼ + stars: | 2023-06-06 | by ( Joan Biskupic | ) edition.cnn.com time to read: +10 min

CNN —When Supreme Court Justice Clarence Thomas appeared for the first time before the Florida Federalist Society in January 2020, Florida Gov. Some of DeSantis’ state court appointees became Trump federal court appointees, and their entire approach to the bench is fueled by Federalist Society figures like Leo. WaPo: Supreme Court justice's wife received thousands in 'hidden payments' 01:49 - Source: CNNUsing the Trump playbookBy using Leo for advice on state judicial appointments, DeSantis already is following a Trump playbook. He has filled a majority of the seats on the seven-member Florida Supreme Court, some twice over. Midway through his term, he wrote on Twitter, “The Supreme Court was one of the main reasons I got elected President.”

Persons: Clarence Thomas, Ron DeSantis, Thomas, Leonard Leo, Leo, Donald Trump’s, DeSantis, “, ” Leo, Ginni Thomas, ”, ProPublica’s, Thomas ’, Harlan Crow, Octavio Jones, Roe, Wade, Sullivan, Don McGahn, Gregory Katsas, Trump, ” DeSantis, ” Thomas, Katsas, WaPo, DeSantis ’, Jesse Panuccio, ” Panuccio, Barbara Lagoa, Robert Luck, Ruth Bader Ginsburg, Lagoa, Amy Coney Barrett, “ I’ve, Barrett, Neil Gorsuch, Brett Kavanaugh, Barack Obama’s, Antonin Scalia Organizations: CNN, Florida Federalist Society, Florida Gov, Disney, Federalist Society, White, Harvard Law School, Politico, Representatives, Trump White House, Republican, Trump, Republicans, DeSantis, Tampa Bay Times, Zuma Press, GOP, New York Times, US, DC Circuit, Gov, Orlando Federalist Society, Appeals, Circuit, Florida Supreme, Twitter Locations: Florida, Iowa, ’, Washington, Georgia, America, New Hampshire

☆ For Diners With Deep Pockets, Dallas Is the New Dubai
▼ + stars: | 2023-05-22 | by ( Priya Krishna | ) www.nytimes.com time to read: +1 min

At this open-air shopping center in suburban Dallas, they valet-park their Porsches, sport Yves Saint Laurent handbags, flit in and out of Audemars Piguet and pause for brunch at Sadelle’s, the fancy new deli from Major Food Group in New York. Even the sugar for coffee comes to the table in tiny Le Creuset Dutch ovens. Dallas has long had a reputation for living large, an image built on oil money and the wide swaths of ranch land displayed on its namesake TV series. These companies are giving Dallas the kind of attention they’ve previously lavished on tourist playgrounds like Las Vegas and Miami. Major Food Group opened a Dallas branch of its maximalist-Italian restaurant Carbone last year, and says it has even larger ambitions in the city.

☆ Grief, Vengeance and a Crime Too Terrible to Forgive
▼ + stars: | 2023-05-10 | by ( Jazmine Hughes | ) www.nytimes.com time to read: +2 min

If Barbara Massey-Mapps had her way, she would kill the man who murdered her sister herself. Other days, she wants him to be sentenced to the electric chair, his death broadcast live on TV. Sitting in court, she thinks to herself: How can I get past the cops guarding him before they catch me? She spoke plainly, though her words were shrouded in a painful acceptance, as if she were listing symptoms instead of emotions. “We have to answer phone calls like this because we don’t know who they are,” she explained.

☆ Olive Garden parent Darden Restaurants bets on fine dining with $715 million Ruth's Chris deal
▼ + stars: | 2023-05-04 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Olive Garden owner Darden Restaurants is betting on fine dining with its $715 million acquisition of Ruth's Chris Steak House . The average check at Ruth's Chris is $97, according to Darden's investor presentation. For comparison, the average check at Olive Garden, which accounts for roughly half of Darden's revenue, was $21 in fiscal 2022. Still, Darden executives emphasized that the Ruth's Chris acquisition is a long-term bet, and the decision wasn't made based on the current economic cycle. Cardenas also said third-party data shows that there is little overlap between Ruth's Chris customers and those who frequent The Capital Grill and Eddie V's.

☆ Olive Garden Owner to Buy Ruth’s Hospitality Group
▼ + stars: | 2023-05-03 | by ( Chris Wack | ) www.wsj.com time to read: 1 min

Olive Garden parent Darden Restaurants expects pretax synergies of $5 million to $10 million within the first year after the deal closes. Photo: David Paul Morris/Bloomberg NewsDarden Restaurants agreed to buy Ruth’s Hospitality Group in a deal that would put the fine-dining chain under the same roof as Olive Garden, LongHorn Steakhouse and Seasons 52. Darden agreed to an all-cash transaction, valued at $715 million, or $21.50 a share. The deal represents a 34% premium to Tuesday’s closing price for Ruth’s Hospitality.

☆ Olive Garden owner Darden Restaurants buys Ruth's Chris Steak House for $715 million
▼ + stars: | 2023-05-03 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

Darden Restaurants said Wednesday it is buying Ruth's Hospitality Group , the parent company of Ruth's Chris Steak House, for $715 million. Ruth's CEO Cheryl Henry will stay on as president of Ruth's Chris and report to Cardenas. Ruth's Chris was founded in 1965 after Ruth Fertel bought Chris Steak House in New Orleans. The terms of the sale kept her from reusing the name at other locations, so she chose to name new locations Ruth's Chris Steak House. As of Tuesday's close, Darden's stock had risen nearly 10% this year, giving it a market value of $18.4 billion.

☆ Starbucks earnings beat as China reverses same-store sales declines
▼ + stars: | 2023-05-02 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Starbucks on Tuesday reported quarterly earnings and revenue that beat analysts' expectations, fueled by better-than-expected international sales. In China, the company's second-largest market, Starbucks saw its same-store sales increase for the first time since Starbucks' fiscal third quarter in 2021 as customers returned to its cafes following the rollback of the country's zero Covid policy. The company's same-store sales climbed 11% in the quarter, beating StreetAccount estimates of 7.1%. Outside the U.S., the coffee chain's same-store sales increased 7%. Last quarter, Starbucks said it is projecting revenue growth of 10% to 12% and adjusted earnings per share growth on the low end of 15% to 20%.

☆ Life on the Edge of the Menu and More: The Week in Reporter Reads
▼ + stars: | 2023-04-28 | by ( ) www.nytimes.com time to read: +1 min

Eric Kim has a strategy for how he approaches restaurants: Live life on the edge of the menu. Just because a restaurant is known for one thing doesn’t mean you can’t order something else. Sometimes the oddity on a menu might be the chef’s passion project, which is reason enough to order it. When Mr. Kim visited the city for a friend’s wedding in January, his eyes gravitated toward the citrus-glazed turnips. Who knew that the star of his seafood lunch would be a side dish of turnips?

Search resuls for: "steakhouse"

25 mentions found