AdvisorShares Restaurant ETF

Citi Analyst Jon Tower Maintains Hold Rating on Yum Brands, Close at $149.97

Wingstop Beats Earnings Expectations and Announces Dividend, Stock Rises 5.9% to $126

Arbejdsmarkedets Tillaegspension Acquires 162,605 Shares of Yum! Brands for ~$24.6M

Wingstop stock hits 52-week low, analysts downgrade rating

CITIC Securities Reports Yum China's Robust Q1 2026 Performance

Danske Bank Significantly Reduces Stake in Wingstop Inc.

Krispy Kreme released FY2026 Q1 earnings on May 7 Pre-Market (EST), actual revenue USD 367.03 M (forecast USD 359.43 M), actual EPS USD -0.1638 (forecast USD -0.0695)

US Food released FY2026 Q1 earnings on May 7 Pre-Market EST, actual revenue USD 9.61 B (forecast USD 9.658 B), actual EPS USD 0.52 (forecast USD 0.644)

Dine Brands Global released FY2026 Q1 earnings on May 6 Pre-Market EST, actual revenue USD 225.2 M (forecast USD 222.38 M), actual EPS USD 0.57 (forecast USD 0.7266)

Yum! Brands Reports 71% Q1 Net Income Growth to $432 Million

BJS Restaurants released FY2026 Q1 earnings on May 5 After-Market EST, actual revenue USD 358.12 M (forecast USD 356.92 M), actual EPS USD 0.41 (forecast USD 0.61)

Cheeseworks Reports Q1 2026 Revenue Growth of 5.6%, Net Income Up 50.4% YoY

Brinker International Raises Full-Year Outlook, Shares Up

FactSet Survey Shows Downward Revision in Wingstop Target Price Estimate

Stifel Nicolaus analyst maintains hold rating on Yum! Brands

Bernstein Raises Yum! Brands Target Price to $170

UBS Analyst Reiterates Buy Rating on Brinker International

US Food to Release FY2026 Q1 Earnings on May 7, Pre-Market EST; Forecast Revenue USD 9.658 B, EPS USD 0.644

Krispy Kreme to release FY2026 Q1 earnings on May 7 Pre-Market EST, forecast revenue USD 359.43 M, EPS USD -0.0695

Cheesecake Factory released FY2026 Q1 earnings on April 29 After-Market EST, actual revenue USD 978.83 M (forecast USD 964.58 M), actual EPS USD 1.02 (forecast USD 1.0305)

Amesite

InMed Pharmaceuticals

Meiwu Tech

Co-Diagnostics

Phoenix Asia

Generation Income Properties

MetaVia

Rubico

BAYVIEW ACQUISITION CORPORATION COM USD0.0001 (S/R) 17/11/2028

Virax Biolabs

PZZA

SBUX

FTXG

EATZ

Ten major US restaurant chains, including Wendy’s, Pizza Hut, Papa John’s, and Starbucks, are closing locations due to rising labor and lease costs, weaker sales, and changing consumer habits. Many brands will focus on stronger markets and newer store formats, with some locations potentially being repurposed or rebranded.

Papa Johns

Wendys

Starbucks

First Trust NASDAQ Food & Beverage

SPDR S&P Retail ETF

Invesco Food & Beverage ETF

VanEck Retail ETF

Major US restaurant chains shutter locations amid rising costs

ARMK

Aramark's average stock price target has increased from $54.71 to $55.07, indicating a potential upside of 4%. The consensus rating remains 'Buy' among 17 analysts, with 13 Buys, 3 Holds, and 1 Sell. Forecasts range from $50 to $63 per share.

TradingView

Aramark

Invesco Leisure & ENT ETF

Factset Research

Aramark Stock 12‑Month Price Target Raised to $55.07, Implies 4% Upside

PLAY

Main Event, a popular entertainment destination in Coppell, Texas, will be introducing a range of new menu items and limited-time drinks for kids and adults starting on May 18, 2026. Known for offering activities like bowling, laser tag, billiards, arcade games, and more, Main Event is set to enhance the summer experience for visitors with these exciting additions. This announcement was made via a press release from the company's PR department.

Unusual Whales

Dave & Buster ENT

Main Event Makes a Splash with New Summertime Sips

Starbucks (SBUX) is opening its first corporate office in India, aiming to reduce reliance on external service providers and cut costs. This move, planned for fiscal year 2027, is part of a broader strategy to save money, which includes significant restructuring costs of $400 million due to layoffs and real estate impairments. Analysts maintain a Moderate Buy consensus on SBUX, with a price target of $110.88, indicating potential upside.

Tip Ranks

"Reducing Reliance on External Service Providers": Starbucks Stock (NASDAQ:SBUX) Notches Up With New Indian Office

CAVA

Citi analyst Jon Tower maintained a Hold rating on CAVA Group, Inc. with shares closing at $76.87. The analyst consensus is Moderate Buy with a price target of $90.77, indicating an 18.08% upside. UBS also assigned a Hold rating with a $85.00 price target.

Cava

Citigroup

Jack In the Box

UBS Group AG

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Citi Sticks to Their Hold Rating for CAVA Group, Inc. (CAVA)

Starbucks (SBUX) stock rises as the company announces layoffs of 300 corporate employees and plans to close some regional offices as part of its turnaround strategy. This marks the third round of job cuts under CEO Brian Niccol, totaling 2,000 jobs since he took over. The restructuring will incur a $400 million charge. SBUX stock is at a 52-week high, with a consensus Moderate Buy rating from analysts, suggesting a 2% upside from current levels.

Starbucks Stock (SBUX) Gets Jolt as Company Announces New Round of Layoffs

Beese Fulmer Investment Management Inc. increased its stake in McDonald's Corporation (NYSE:MCD) by 108.8% in Q4, acquiring 59,105 shares, bringing its total to 113,431 shares valued at $34.67 million. Other institutional investors also boosted their holdings. Insider transactions included sales by executives, with McDonald's stock currently priced at $276.42, showing a 0.5% increase.

Market Beat

McDonald's

Lamb Weston

Beese Fulmer Investment Management Inc. Acquires 59,105 Shares of McDonald's Corporation $MCD

Western Wealth Management LLC reduced its stake in Darden Restaurants, Inc. (NYSE: DRI) by 77.1% in Q4, holding 2,170 shares worth $399,000. Other investors, like Teacher Retirement System of Texas and JPMorgan Chase & Co., increased their positions. Analysts have raised price targets for DRI, with a consensus rating of 'Moderate Buy' and an average target of $226.24. Darden's recent earnings report showed a slight EPS beat and a revenue increase of 5.9% year-over-year.

Darden Restaurants

JPMorgan Chase

KeyCorp

Barclays

Deutsche Bank AG

Cheesecake Factory

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

KEYCORP DEP SHS REP 1/40TH NON CUM PER PFD SER G

KEYCORP DEP SHS REPSTG 1/40TH INT PERP NON CUM H

KEYCORP DEP SHS REP 1/40TH PERP PFD SER F USD25

KEYCORP DEP SHS REP 1/40TH NON CUM PFD SER E

Deutsche Bank AG Subscription Rights

Deutsche Postbank AG

Western Wealth Management LLC Cuts Stock Holdings in Darden Restaurants, Inc. $DRI

ONLN

IBUY

Starbucks has seen a 40,000% increase since its 1992 IPO, turning a $10,000 investment into nearly $4 million. Despite announcing layoffs of 300 corporate workers and a $400 million restructuring charge, the stock rose, with Wall Street supporting the decision. Recent Q2 FY26 results showed a 9% revenue increase, prompting management to raise growth forecasts. The company plans to open 600-650 new stores in fiscal 2026, while maintaining a strong market cap of about $121.7 billion.

Beincrypto

ProShares Online Retail

Amplify Online Retail ETF

VG Consumer Stap

Global X E-commerce ETF

SPDR FD Consumer Staples

iShares US Consumer Staples ETF

A $5 Coffee Habit Compounded 40,000% Yet Wall Street Still Cheers the Layoffs

Citi analyst Jon Tower has maintained a Hold rating on Starbucks (SBUX) as of May 15, with shares closing at $106.82. Tower, who focuses on the Consumer Cyclical sector, has an average return of 11.3% and a 56.68% success rate. KeyBanc also issued a Hold rating, while TD Cowen upgraded Starbucks to a Buy on the same day.

Citi Sticks to Its Hold Rating for Starbucks (SBUX)

AdvisorShares Restaurant ETF(EATZ.US)