(NEW YORK)A Morgan Keegan analyst said Monday the depletion of retirement funds could keep consumers from eating out, leading to lower sales at established locations.READ MORE
(NEW YORK)Restaurant shares largely fell Wednesday along with overall market a day after Democrat Barack Obama clinched the presidency. Investors appeared to be questioning what an Obama pre...READ MORE
(NEW YORK)Restaurant shares mainly rose after the Federal Reserve cut a key interest rate by a half-point point in a bid to steer the economy clear of a prolonged recession and spur economic...READ MORE
(NEW YORK)Casual dining shares were mixed Monday after a Morgan Keegan analyst called the start of the third-quarter earnings season at restaurants "ugly." Analyst Bob Derrington said in a n...READ MORE
(NEW YORK)Shares of Cheesecake Factory Inc. dropped to eight-year low Friday after the restaurant company reported a big drop in its third quarter profit. Shares fell $1.16, or 12 percent, t...READ MORE
(NEW YORK)Restaurant shares fell in early trading Friday, mirroring a sharp drop in the Dow Jones Industrials as investors worried that a global recession may be on the horizon.READ MORE
(NEW YORK)Several analysts cut their price targets on The Cheesecake Factory Inc. on Friday and said higher menu prices frightened off cash-strapped consumers, after the restaurant operator'...READ MORE