It’s interesting to see that a McOpCo is utilizing @cosmcs stock for 6 different McCafé syrups.
Most of our ingredients are private-labeled (with McDonald’s on them), so it’s interesting to see who the actual vendors are sometimes.
Food cost is a killer right now
My base food % (price you charge - cost) has risen to an alarming rate. It peaked in March 2026 & went down but now on a sharp ascension back up this month.
To put in perspective, food cost was 200 bps lower just two years ago and we were worried it was getting out of hand then.
I would still say that food cost is still the #1 concern in the restaurant industry.
Chipotle recently opened first store in Mexico in Monterrey and NYT has interesting detail on expansion plans:
▫️didn’t localize menu (used same ingredients, spices, salsa and hot sauces as US)
▫️chose Monterrey because highest purchasing power per capita in Mexico, has a big shopping mall culture and close business ties with Texas (3hrs from border and considered Mexico’s most American-ized city)
▫️prices are 20-30% lower than in US, though
▫️ Chiptole wants to offer fast casual option between street taqueria (average person in Mexico lives 5 minutes from one) and high-end Mexico dining
Chipotle stock down ~50% to $47B since the end of 2024 and needs expansion story.
Taco Bell tried twice to enter Mexico but failed (I guess that is Taco Bell…not exactly apples to apples).
Chipotle hoping better luck at selling Mexicans their own cuisine.
200 people lined up for Monterrey opening…and Chipotle looking to add 6-8 stores over next year in the city (drop in bucket compared to 4,000 global locations)….then try to expand to Mexico City.
That city gonna be a challenge. One local dude NYT interviewed said “I don’t go to a restaurant to eat tacos. The tacos we eat in Mexico City are the ones people sell on the street, on the corner.”
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Full read here: https://t.co/Jpk9GFqI18
As the cost of soda syrup continues to be outrageous, 7-11 is adding its own in-house brand in bottles. This expands on what they currently do with many frozen carbonated flavors.
What's interesting is that it's with core flavors targeting Coke and Sprite, the last ones I would have thought of, as these have the most brand loyalty. It’s actually puzzling.
I have said all along that it's only a matter of time before brands turn to in-house flavors like Buc-ee’s. I wonder when it hits their fountain, it’s a smart move with SOME flavors.
Would you buy their in-house Cola to save 50¢?
https://t.co/71REu0RYWC
#TheRealFoodShow is officially live!
In the premiere episode, @ChefGruel joins @SecKennedy to bring the new Dietary Guidelines for Americans to life with a healthy, affordable meal that the whole family can make at home.
Watch the full episode: https://t.co/gV9dhXBf6l
The entrepreneur who helped grow Chipotle to thousands of restaurants is now doing sandwiches.
Just 5 restaurants are open so far, all in NYC, but Dallas is on his roadmap.
https://t.co/zuskr1kBoy
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Dave Deno being named CEO of Cracker Barrel is certainly a thing you can do.
He was the CEO of Bloomin' Brands from May 2019-May 2024. During his tenure, the company's stock was roughly flat.
By comparison, the S&P 500 doubled during that period.
Darden: +90%
Brinker: +70%
Texas Roadhouse: +220%
Bloomin's biggest chain, Outback Steakhouse, lost serious market share.
System sales change since 2019 per @technomic:
Outback Steakhouse: +0.3%
Texas Roadhouse: +95%
LongHorn Steakhouse: +70%
Cracker Barrel stock down 5% today. $CBRL