logo
GoTo Foods to launch Moe's Casa Mexicana in India

GoTo Foods to launch Moe's Casa Mexicana in India

Yahoo3 days ago
GoTo Foods, a US-based developer of multi-channel foodservice brands, has announced the international debut of Moe's Casa Mexicana, a reimagined concept derived from Moe's Southwest Grill.
The brand is set to launch in India later in 2025 through master franchisee Unify Foodworks, which has committed to developing 45 locations by 2033.
GoTo Foods said that the introduction of Moe's Casa Mexicana highlights its strategy to scale its brands globally, with 60% of its development pipeline focused outside the US.
The concept has been developed using insights from over 2,000 consumers across six countries, blending Mexican flavours with locally-relevant menu adaptations and flexible real estate formats designed for growth in emerging markets.
Moe's Casa Mexicana will feature a variety of formats, including full-scale, in-line, dine-in, and kiosk options.
The smaller footprints and dedicated international supply chain are intended to make the concept suitable for high-density urban areas and developing markets, the company noted.
The first Moe's Casa Mexicana location in India is expected to open this year.
GoTo Foods is also targeting expansion in other high-potential markets, including the UK, Australia, South Korea, Saudi Arabia, and the UAE.
Based in Atlanta, GoTo Foods operates more than 6,900 restaurants, cafes, ice cream shops, and bakeries across all 50 US states and more than 65 countries and territories under various brand names, including Auntie Anne's, Carvel, Cinnabon, Jamba, Moe's Southwest Grill, McAlister's Deli, and Schlotzsky's, as well as Seattle's Best Coffee in select military bases and international markets.
GoTo Foods CEO Jim Holthouser said: "Launching Moe's Casa Mexicana marks a defining moment for GoTo Foods as we expand another iconic brand onto the global stage.
"Our platform company model has already powered successful international growth for brands like Cinnabon and Auntie Anne's, and now we're applying that same proven approach to Moe's Southwest Grill.'
In 2024, Focus Brands, which owned brands including Auntie Anne's, Carvel, Cinnabon, McAlister's Deli, Moe's Southwest, and Schlotzsky's, was rebranded as GoTo Foods.
"GoTo Foods to launch Moe's Casa Mexicana in India" was originally created and published by Verdict Food Service, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Proto Labs Inc (PRLB) Q2 2025 Earnings Call Highlights: Record Revenue and Strategic Growth ...
Proto Labs Inc (PRLB) Q2 2025 Earnings Call Highlights: Record Revenue and Strategic Growth ...

Yahoo

time26 minutes ago

  • Yahoo

Proto Labs Inc (PRLB) Q2 2025 Earnings Call Highlights: Record Revenue and Strategic Growth ...

Revenue: $135.1 million, a company record, up 6.5% year over year in constant currencies, and up 7% sequentially. CNC Machining Revenue: Grew 20% over the prior year, with a 30% increase in the US. Injection Molding Revenue: Declined 4% year over year. 3D Printing Revenue: Down 1% year over year. Sheet Metal Revenue: Grew 9% year over year. US Revenue: Grew 12% year over year. Europe Revenue: Declined 15% in constant currencies. Non-GAAP Gross Margin: 44.8%, flat sequentially, down 90 basis points year over year. Non-GAAP Operating Expenses: Increased $2.7 million, up 6% consistent with revenue. Adjusted EBITDA: $19.7 million, or 14.6% of revenue. Non-GAAP Earnings Per Share: $0.41, above guidance range, up $0.08 sequentially, and up $0.03 year over year. Cash from Operations: $10.6 million generated during the second quarter. Share Repurchases: $3.1 million returned to shareholders. Cash and Investments: $123.2 million on balance sheet with zero debt. Q3 2025 Revenue Guidance: Expected between $130 million and $138 million, implying 6% growth year over year in constant currencies. Q3 2025 Non-GAAP EPS Guidance: Expected between $0.35 and $0.43. Warning! GuruFocus has detected 7 Warning Signs with PRLB. Release Date: July 31, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Proto Labs Inc (NYSE:PRLB) delivered record revenue of $135.1 million in the second quarter, exceeding expectations. The company saw a 44% growth in customers utilizing their combined offer over the trailing 12 months. Revenue per customer increased by 11% year over year, indicating strong customer engagement. The metal 3D Printing service in Raleigh, North Carolina received ISO 13,485 certification, enhancing credibility in the medical device manufacturing sector. Proto Labs Inc (NYSE:PRLB) continues to generate healthy cash flows, allowing for ongoing investments in growth and innovation. Negative Points Injection Molding revenue declined by 4% year over year, with noted weakness in the medical sector. 3D Printing revenue was down 1% year over year, reflecting continued weakness in prototyping. European revenue declined by 15% in constant currencies, indicating challenges in the region. Tariffs and changing trade policies created short-term margin pressures, impacting profitability. Gross margin was down 90 basis points year over year, driven by higher growth in network revenue and lower US network margins due to tariffs. Q & A Highlights Q: Can you elaborate on the strength you're seeing in CNC, particularly in terms of growth across the factory and network? A: Daniel Schumacher, CFO: We are experiencing similar growth in both the factory and the network, with a 30% CNC growth in the US driving the overall 20% growth for the company. Suresh Krishna, CEO: We've grown revenues with larger accounts due to our go-to-market reorganization, and our production teams have shown agility in responding to customer needs. Q: Is the CNC work leaning more towards production or prototyping? A: Daniel Schumacher, CFO: It is a combination of both production and prototyping. We don't provide a specific split, but both contribute to our revenue growth. Q: Can you provide more details on the Injection Molding business and the factors affecting its performance? A: Daniel Schumacher, CFO: The network is a small portion of our Injection Molding business, with most of it through the factory. We saw some larger production orders last year, particularly in automotive, which impacted year-over-year comparisons. Currently, we are seeing weakness in the medical sector, but we continue to innovate and add capabilities to drive future production growth. Q: What excites you about joining Proto Labs, and what are your initial observations? A: Suresh Krishna, CEO: I'm excited about the opportunity to reaccelerate growth. My focus is on listening to employees, customers, and partners to remove friction and identify future opportunities. I believe there is significant potential to enhance customer and employee experiences. Q: Can you explain the impact of tariffs on gross margins and how it was addressed? A: Daniel Schumacher, CFO: Tariffs impacted our US network margins, particularly on aluminum and steel. We adjusted pricing and fulfillment strategies, and by June, margins returned to normal. The impact was due to a backlog priced at different assumptions, but adjustments have since stabilized margins. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.

Columbia Sportswear sues Columbia University over merch in latest legal battle for Ivy
Columbia Sportswear sues Columbia University over merch in latest legal battle for Ivy

New York Post

time27 minutes ago

  • New York Post

Columbia Sportswear sues Columbia University over merch in latest legal battle for Ivy

For decades, T-shirts, sweatshirts and other clothing under the Columbia Sportswear brand and clothing emblazoned with the Columbia University name coexisted more or less peacefully without confusion. But now, the Portland-based outdoor retailer has sued the New York-based university over alleged trademark infringement and a breach of contract, among other charges. It claims that the university's merchandise looks too similar to what's being sold at more than 800 retail locations including more than 150 of its branded stores as well as its website and third-party marketplaces. Columbia Sportswear has filed a lawsuit against Columbia University because the campus's merchandise looks identical to its brand. Columbia Sportswear In a lawsuit filed July 23 in the U.S. District Court for the District of Oregon, Columbia Sportswear, whose roots date back to 1938, alleges that the university intentionally violated an agreement the parties signed on June 13, 2023. That agreement dictated how the university could use the word 'Columbia' on its own apparel. As part of the pact, the university could feature 'Columbia' on its merchandise provided that the name included a recognizable school insignia or its mascot, the word 'university,' the name of the academic department or the founding year of the university — 1754 — or a combination. But Columbia Sportswear alleges the university breached the agreement a little more than a year later, with the company noticing several garments without any of the school logos being sold at the Columbia University online store. Many of the garments feature a bright blue color that is 'confusingly similar' to the blue color that has long been associated with Columbia Sportswear, the suit alleged. The lawsuit details that the Ivy League institution violated an agreement the parties signed on June 13, 2023. Spiroview Inc. – The lawsuit offered photos of some of the Columbia University items that say only Columbia. 'The likelihood of deception, confusion, and mistake engendered by the university's misappropriation and misuse of the Columbia name is causing irreparable harm to the brand and goodwill symbolized by Columbia Sportswear's registered mark Columbia and the reputation for quality it embodies,' the lawsuit alleged. The lawsuit comes at a time when Columbia University has been threatened with the potential loss of billions of dollars in government support. Last week, Columbia University reached a deal with the Trump administration to pay more than $220 million to the federal government to restore federal research money that was canceled in the name of combating antisemitism on campus. Under the agreement, the Ivy League school will pay a $200 million settlement over three years, the university said. Columbia Sportswear aims to stop all sales of clothing that violate the agreement, recall any products already sold and donate any remaining merchandise to charity. Columbia Sportswear is also seeking three times the amount of actual damages determined by a jury. Neither Columbia Sportswear or Columbia University couldn't be immediately reached for comment.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store