Minimalism with a side of fries: Restaurants are on a remodeling spree [MSNBC.com]

KeyCorp (KEY)
Last keycorp earnings: 4/16 06:30 am
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Source: MSNBC.com
Popeyes, Denny’s and Applebee’s are each in the midst of their own brick-and-mortar refreshes, and they each have reason to hope their investments pay off.Eachonehas struggleddipping to a seven-month lowfell 1.6% in the first quarterWith few exceptions —Chili’sTaco Bellshrank by $15 billion in Februaryhit their highest level since 2020Just weeks ago, several large restaurant brands wereforecasting sales to accelerate after a slow first quartermassive new tariffs90-day pullbacklumberavocadoshas warned“It’s a tough time” for restaurants to invest in refreshing their locations, said Eric Gonzalez, an analyst at KeyBanc Capital Markets who follows the sector.Daily expenses have swelled, withfood costs rising 40%A Burger King restaurant in Park R
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News
- KeyCorp price target lowered to $16 from $18 at Truist [Yahoo! Finance]Yahoo! Finance
- Great Rock Capital Upsizes Leverage Facility to Over $700 Million [Yahoo! Finance]Yahoo! Finance
- KeyCorp (KEY): Among the Safe Dividend Stocks with Yields Above 5% [Yahoo! Finance]Yahoo! Finance
- KeyCorp (NYSE: KEY) had its price target lowered by analysts at Truist Financial Co. from $18.00 to $16.00. They now have a "hold" rating on the stock.MarketBeat
- KeyCorp (NYSE: KEY) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
KEY
Earnings
- 4/17/25 - Beat
KEY
Sec Filings
- 4/23/25 - Form 4
- 4/23/25 - Form 4
- 4/23/25 - Form 4
- KEY's page on the SEC website