BGSF News

Burger King is trialling an app for ordering food and booking a table at its outlets in Italy, as it seeks to persuade locals it is safe to eat out again after more than two months of coronavirus lockdown. Like other fast food chains, sandwich outlets and coffee shops, Burger King, which serves an average 11 million people a day in 25,000 restaurants around the globe, is worried that social distancing rules and fear of contagion will put people off from popping into its stores to grab a burger and chips. "We need to be good at showing people that it's safe to come to a place which is perceived as being crowded, and give them options so they understand there is a safe way to come in," Andrea Valota, Burger King's chief in Italy, said in an interview.

Q1 2020 BG Staffing Inc Earnings Call

BG Staffing (BGSF) delivered earnings and revenue surprises of 47.37% and -2.26%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Shares of BG Staffing (NYSE:BGSF) rose 3% after the company reported Q1 results.Quarterly Results Earnings per share rose 16.67% over the past year to $0.28, which beat the estimate of $0.23.Revenue of $74,067,000 up by 7.69% year over year, which beat the estimate of $73,420,000.Looking Ahead BG Staffing hasn't issued any earnings guidance for the time being.BG Staffing hasn't issued any revenue guidance for the time being.Conference Call Details Date: May 07, 2020View more earnings on BGSFWebcast URL: http://public.viavid.com/player/index.php?id=138749Technicals Company's 52-week high was at $23.2952-week low: $5.69Price action over last quarter: down 9.86%Company Profile BG Staffing Inc is engaged in providing temporary staffing services. The business activities are carried out through Real Estate, Professional, and Light Industrial segments. The Real Estate segment provides office and maintenance field talent to various apartment communities and commercial buildings via property management companies. The Professional segment provides skilled field talent on a nationwide basis for information technology and finance and accounting client partner projects. The Light Industrial segment provides field talent primarily to logistics, distribution, and call center client partners. The group derives majority of revenue from Professional segment.See more from Benzinga * Recap: Athenex Q1 Earnings * ChannelAdvisor: Q1 Earnings Insights * GasLog Partners: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

It's my pleasure to welcome you to the BG Staffing conference call to discuss Q1 financial and operating results, and an update on operations in the COVID-19 environment. With me, today on our call is Beth Garvey, President and CEO; and Dan Hollenbach, Chief Financial Officer.

Market forces rained on the parade of BG Staffing, Inc. (NYSE:BGSF) shareholders today, when the analysts downgraded...

In an open letter published this morning, Restaurant Brands International (NYSE: QSR) described the changes it's making to reassure customers and staff of their health and safety as it begins the process of reopening. RBI, parent company of the well-known Burger King, Popeyes, and Tim Hortons brands, closed its dining rooms during March in accordance with government orders intended to slow the spread of COVID-19. The safety steps assist in protecting customers while letting them enjoy a normal dine-in meal at the restaurants.

BG Staffing, Inc. (NYSE: BGSF), a growing national provider of workforce solutions, today announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per share of common stock and reported financial results for its first quarter ended March 29, 2020.

Most readers would already be aware that BG Staffing's (NYSE:BGSF) stock increased significantly by 81% over the past...

Restaurant Brands (QSR) reports dismal first-quarter 2020 results due to poor performance by Tim Hortons and Burger King businesses.

BG Staffing, Inc. (NYSE: BGSF), a growing national provider of workforce solutions, today announced that the Company will report first quarter results of operations before the market opens on May 7, 2020 and will host an investor conference call the same day at 1:30pm PT (4:30pm ET) to discuss financial results and provide an update on operations in the COVID-19 environment.

Kirkland Lake Gold, Carrols Restaurant and Boeing highlighted as Zacks Bull and Bear of the Day

BG Staffing (BGSF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

With that, I will now turn the call over to our chairman and CEO, Dan Accordino. As you will recall from our Q4 call, we began 2020 with optimism with respect to what we intended to accomplish this year in improving operations across our restaurants, resetting our priorities in terms of capital allocation, and generating free cash flow.

Whilst it may not be a huge deal, we thought it was good to see that the BG Staffing, Inc. (NYSE:BGSF) Independent...

BG Staffing, Inc. (NYSE:BGSF) missed earnings with its latest quarterly results, disappointing overly-optimistic...

Q4 2019 BG Staffing Inc Earnings Call

U.S. President Donald Trump met with restaurant and industry experts Monday, including Restaurant Brands International Inc (NYSE: QSR) CEO Jose Cil who described the gathering as "extraordinary."What Happened Restaurant leaders were given the opportunity to "share all of our experiences" over the past 60 days and "all the challenges we are facing," Cil said on CNBC's "Closing Bell."One of the common themes across the participants was the importance of the Paycheck Protection Program (PPP) for franchisees who are small business owners, he said. The industry executives also pitched on how the PPP can be improved, including an extension of the eight-week deadline to spend the loans to 24 weeks, the CEO said. The extension would give franchisees in areas that are slower to re-open more time to rehire staff, he said. "It was very feasible and I think very executable to extend the timeline." Why It's Important The White House was "very open" to the idea of extending the eight week deadline although there is a "political process" that needs to take place before changes are made into law, Cil said.Yet it comes down to a "technical adjustment" to the regulations, so the restaurant group is "hopeful," the CEO said. What's Next For Restaurant Brands More than 10,000 of the company's Burger King, Popeyes and Tim Hortons' chains remained open for business across North America throughout the start of the pandemic, Cil said.While the service was limited to off-premise dining, around 1,200 restaurants are either fully open or planning for a reopening, he said. It's difficult to offer any specific outlook moving forward other than to say the company is "really optimistic, really excited," Cil said.Restaurant Brands shares were down 1.97% at $51.36 at the time of publication Tuesday.Related Links:April's Restaurant Data Far From Encouraging, But There Is HopeChecking In On Restaurants Amid The Coronavirus Lockdown: Cousins SubsSee more from Benzinga * Bored Of Reheated Pasta? Benzinga's Top Foods To Order Or Cook Has You Covered * 7 New Food Items We Can't Wait To Eat: Shackburger, Big King XL And More * 6 Fast Food Deals And 5 Home Cooking Inspirations(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Bear of the Day: Carrols (TAST)

Restaurant Brands, owner of Burger King, said it would open its dining rooms nationwide while enforcing strict safety guidelines.