Latest news with #CBRL
Middle East Eye
01-07-2025
- Politics
- Middle East Eye
UK academic body accused of trying to force Palestinian scholar into Israeli court system
A Palestinian-American academic is taking his British employer to court after it attempted to force him to sue the organisation for wrongful dismissal in Israel instead of the UK. In 2023, the Council for British Research in the Levant (CBRL) Kenyon Institute in East Jerusalem fired Toufic Haddad, a leading scholar in Palestine Studies, who was employed as the institute's director, citing funding cuts from the British Academy. Haddad believes the CBRL unfairly dismissed him because of political discrimination linked to his scholarly work and public position on Palestine, where he has opposed Israel's war on Gaza and its ongoing clampdown against Palestinian academics. He noted that these actions came in the wake of the 7 October attacks, when trustees of the CBRL called on Haddad to "maintain a low profile and not talk to the media". Following his dismissal, the CBRL, a UK-registered academic institute publicly funded by the British Academy and British government and based in London, attempted to block Haddad's unfair dismissal claims by insisting that an Israeli court hear his claim instead of a British one. New MEE newsletter: Jerusalem Dispatch Sign up to get the latest insights and analysis on Israel-Palestine, alongside Turkey Unpacked and other MEE newsletters Haddad's legal team is contesting the move to hear his case in Israel by providing a 50-page witness statement, backed by more than 3,000 pages of evidence, to prove that his employment is more closely connected to the UK than to Israel. The CBRL, which has an office in Jordan, is not a registered entity in Israel or the occupied Palestinian territories from where it operates. However, when they decided to hire Haddad, they gave him an Israeli contract despite giving British contracts to its other directors in Amman. Unfair dismissal claim Haddad is now attempting to take the CBRL to a British court for unfair dismissal and discrimination based on his anti-Zionist political beliefs and trying to deny jurisdiction to UK courts in favour of Israel. He is contesting the move to try his case in Israel over concerns that Israel's legal system - which rights groups have criticised for being discriminatory towards Palestinians - will not give him a fair hearing because of his Palestinian background. 'CBRL has a professional, moral and historical duty in the context of the Israeli genocide and scholasticide unfolding in Gaza. Instead, it tried to silence me and then sacked me' - Toufic Haddad Since 1967, Israel has illegally occupied East Jerusalem and imposed a military occupation that is deemed illegal under international law. Unlike Israeli citizens, Palestinians living in Jerusalem are issued permanent residency cards by the Israeli state but not full citizenship. These residency cards can be revoked at any given time by Israel, making their legal status precarious. 'CBRL has a professional, moral and historical duty in the context of the Israeli genocide and scholasticide unfolding in Gaza. Instead, it tried to silence me and then sacked me," Haddad told Middle East Eye. "What happened to me exposes rotten interests and instincts within CBRL, British academia and its funding structures, which questions their commitment to academic freedom, labour rights, and human decency.' The European Legal Support Centre (ELSC) and the University and Colleges Union (UCU) are supporting Haddad's case. British institutions 'complicit' Tasnima Uddin, a spokesperson for the ELSC, said the case "lays bare the complicity of British institutions still operating in Palestine today. UK police arrest Israeli academic Haim Bresheeth after pro-Palestine speech Read More » "CBRL is trying to silence a Palestine academic; it is asking a British court to hand him over to Israel's apartheid legal system, legitimising annexation and racial domination that the International Court of Justice has ruled illegal." Sean Wallis, who serves as the London region secretary for the UCU, said Haddad's case represents a wider issue on worker's rights for academic staff employed at British research institutes and universities overseas. "The British government says that academic freedom is essential for universities, and the British academy trumpets its defence of academic freedom," said Wallis. "Dr Haddad was dismissed, and the research institute he was the director of was shut down because he spoke out about his area of research, which is Palestine studies. "So it is shocking to see a British Academy-backed research institute engaging lawyers to prevent Dr Haddad exercising his right to argue his case in the UK courts."
Yahoo
01-07-2025
- Business
- Yahoo
3 Soaring Restaurant Stocks Likely to Break Past 52-Week Highs
The restaurant industry has faced a mixed bag in 2025, grappling with persistent macro headwinds such as elevated labor costs, cautious consumer spending and ongoing food dining demand has been relatively stable in some segments, the broader industry has lagged the market amid concerns over discretionary income pressure and shifting customer preferences. As a result, many restaurant stocks have underperformed, with investors growing increasingly selective about where to allocate capital within the the industry's uneven performance, several restaurant chains have bucked the trend, posting strong earnings, solid same-store sales growth, and continued unit expansion. These outperformers are benefiting from robust brand loyalty, digital innovation and pricing power — key traits that have enabled them to sustain momentum even as the broader landscape remains cost controls, enhanced loyalty ecosystems and scalable business models have become increasingly valuable in a tightening economic environment. Investors are rewarding these qualities by driving valuations, recognizing that not all restaurant stocks are created equal, and some are better positioned to thrive in the current this context, restaurant stocks such as Cracker Barrel Old Country Store, Inc. CBRL, Red Robin Gourmet Burgers, Inc. RRGB and Shake Shack Inc. SHAK are not only outperforming but also sustaining their upward trajectory. Image Source: Zacks Investment Research Cracker Barrel: So far this year, shares of the company have gained 15.5% compared with the industry's rise of 0.3%. Closing at $61.08 in the last trading session, the stock stands 6.6% below its 52-week high of $65.43. Cracker Barrel is gaining traction through menu innovation, digital upgrades and targeted remodels. Its back-of-house optimization initiative is streamlining operations to improve margins. A growing focus on off-premise sales is also lifting performance. In the fiscal third quarter 2025, comparable restaurant sales rose 1% year over year, marking the fourth straight quarter of positive comps, driven primarily by a 4.9% menu price the past 30 days, earnings estimates for fiscal 2025 and 2026 have witnessed upward revisions of 18.5% and 12.5% to $3.20 and $3.52 per share, respectively. The company currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks Robin: The company's stock has seen a turbulent ride in 2025, posting a modest 5.2% year-to-date gain. However, momentum has sharply shifted in the past three months, with shares surging 64%, a striking contrast to the industry's 3.2% decline. The stock closed at $5.79 in the last trading session, below its 52-week high of $ company has been benefiting from menu innovation, improved hospitality standards and the revamped loyalty program. Also, strong progress in restaurant-level profitability and disciplined cost management bodes well. With internal execution strengthening, the company expects the progress to continue in the upcoming the past 30 days, the estimate for the 2025 loss per share has narrowed to $1.71 from $2. The company flaunts a Zacks Rank #1 at Shack: The company's stock has witnessed a gain of 8.3% so far this year. In the past three months, the stock has jumped 46.9%. The stock closed at $140.60 in the last trading session, below its 52-week high of $ company is benefiting from enhanced operations, menu innovation and store openings. Also, emphasis on digital initiatives and licensed business bodes well. Management remains optimistic about the licensing segment, citing strong global partner support and significant room for continued growth. Development efforts for 2025 are moving faster than initially expected, with Shake Shack planning to open 45-50 company-operated Shacks this the past 60 days, earnings estimates for fiscal 2025 and 2026 have witnessed upward revisions of 1.5% and 4.2% to $1.34 and $1.71 per share, respectively. The company currently carries a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cracker Barrel Old Country Store, Inc. (CBRL) : Free Stock Analysis Report Red Robin Gourmet Burgers, Inc. (RRGB) : Free Stock Analysis Report Shake Shack, Inc. (SHAK) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
29-06-2025
- Business
- Yahoo
When Should You Buy Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)?
While Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) might not have the largest market cap around , it saw a significant share price rise of 72% in the past couple of months on the NASDAQGS. The company is inching closer to its yearly highs following the recent share price climb. As a stock with high coverage by analysts, you could assume any recent changes in the company's outlook is already priced into the stock. But what if there is still an opportunity to buy? Let's examine Cracker Barrel Old Country Store's valuation and outlook in more detail to determine if there's still a bargain opportunity. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. According to our price multiple model, which makes a comparison between the company's price-to-earnings ratio and the industry average, the stock price seems to be justfied. We've used the price-to-earnings ratio in this instance because there's not enough visibility to forecast its cash flows. The stock's ratio of 23.32x is currently trading slightly below its industry peers' ratio of 23.52x, which means if you buy Cracker Barrel Old Country Store today, you'd be paying a decent price for it. And if you believe Cracker Barrel Old Country Store should be trading in this range, then there isn't much room for the share price to grow beyond the levels of other industry peers over the long-term. So, is there another chance to buy low in the future? Given that Cracker Barrel Old Country Store's share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us an opportunity to buy later on. This is based on its high beta, which is a good indicator for share price volatility. Check out our latest analysis for Cracker Barrel Old Country Store Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. With profit expected to grow by 27% over the next couple of years, the future seems bright for Cracker Barrel Old Country Store. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. Are you a shareholder? CBRL's optimistic future growth appears to have been factored into the current share price, with shares trading around industry price multiples. However, there are also other important factors which we haven't considered today, such as the financial strength of the company. Have these factors changed since the last time you looked at CBRL? Will you have enough conviction to buy should the price fluctuate below the industry PE ratio? Are you a potential investor? If you've been keeping an eye on CBRL, now may not be the most optimal time to buy, given it is trading around industry price multiples. However, the optimistic forecast is encouraging for CBRL, which means it's worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. If you want to dive deeper into Cracker Barrel Old Country Store, you'd also look into what risks it is currently facing. For example - Cracker Barrel Old Country Store has 2 warning signs we think you should be aware of. If you are no longer interested in Cracker Barrel Old Country Store, you can use our free platform to see our list of over 50 other stocks with a high growth potential. — Investing narratives with Fair Values A case for TSXV:USA to reach USD $5.00 - $9.00 (CAD $7.30–$12.29) by 2029. By Agricola – Community Contributor Fair Value Estimated: CA$12.29 · 0.9% Overvalued DLocal's Future Growth Fueled by 35% Revenue and Profit Margin Boosts By WynnLevi – Community Contributor Fair Value Estimated: $195.39 · 0.9% Overvalued Historically Cheap, but the Margin of Safety Is Still Thin By Mandelman – Community Contributor Fair Value Estimated: SEK232.58 · 0.1% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
27-06-2025
- Business
- Yahoo
UBS Nudges Up Cracker Barrel Target to $60, Keeps Neutral Call
UBS has raised its price target on Cracker Barrel (NASDAQ: CBRL) from $48 to $60 ahead of the company's Q3 earnings report released on June 5. Despite the bump, they decided to stick with a Neutral rating. The update came in the wake of UBS expecting modest signs of a turnaround taking shape. The firm sees some pickup in momentum heading into the fourth fiscal quarter, even if recent results still carry the drag of bad weather and wider industry slowdowns. Their expectations for Q3 were muted. UBS was projecting same-store sales to inch up just 0.5%, which fell short of the 1.0% consensus. EPS was forecast at $0.22, also under the street's $0.27. Margins were expected to land at 1.1%, a touch under the average estimate. UBS was watching closely for updates to Cracker Barrel's 2025 guidance. The focus was on whether revenue would stay within the $3.45–3.5 billion range and whether adjusted EBITDA would hit the $210–220 million mark. They'll also be looking for any meaningful shifts in store traffic, early fourth-quarter sales, and progress in key initiatives, like changes to the menu, marketing pushes, and remodeling plans. The price target increase stems more from sector-wide valuation boosts and incremental signs of recovery than from any breakthrough. UBS still sees limited visibility on how fast Cracker Barrel's turnaround can actually take hold, especially with broader economic pressure still in play. While we acknowledge the potential of CBRL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio
Yahoo
25-06-2025
- Business
- Yahoo
UBS Nudges Up Cracker Barrel Target to $60, Keeps Neutral Call
UBS has raised its price target on Cracker Barrel (NASDAQ: CBRL) from $48 to $60 ahead of the company's Q3 earnings report released on June 5. Despite the bump, they decided to stick with a Neutral rating. The update came in the wake of UBS expecting modest signs of a turnaround taking shape. The firm sees some pickup in momentum heading into the fourth fiscal quarter, even if recent results still carry the drag of bad weather and wider industry slowdowns. Their expectations for Q3 were muted. UBS was projecting same-store sales to inch up just 0.5%, which fell short of the 1.0% consensus. EPS was forecast at $0.22, also under the street's $0.27. Margins were expected to land at 1.1%, a touch under the average estimate. UBS was watching closely for updates to Cracker Barrel's 2025 guidance. The focus was on whether revenue would stay within the $3.45–3.5 billion range and whether adjusted EBITDA would hit the $210–220 million mark. They'll also be looking for any meaningful shifts in store traffic, early fourth-quarter sales, and progress in key initiatives, like changes to the menu, marketing pushes, and remodeling plans. The price target increase stems more from sector-wide valuation boosts and incremental signs of recovery than from any breakthrough. UBS still sees limited visibility on how fast Cracker Barrel's turnaround can actually take hold, especially with broader economic pressure still in play. While we acknowledge the potential of CBRL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
