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The chicken concept is partnering with Cheetos to debut with distinctive menu items
Dine Brands Global Inc. is the latest casual-dining chain to roll out a virtual chicken concept with the launch Wednesday of Cosmic Wings.
The delivery-only brand features fried chicken wings and boneless wings, which are battered and fried chicken breast pieces, as well as chicken tenders, waffle fries, onion rings and cheese bites. The items will be prepared out of nearly 1,300 Applebee’s Neighborhood Grill & Bar kitchens and will be available exclusively via third-party delivery company Uber Eats, according to Dine Brands.
To add a bit of distinctiveness to the concept, Dine Brands is teaming up with Frito-Lay North America to offer menu items coated in a choice of regular or Flamin’ Hot Cheetos. Regular and spicy Cheetos sauces are also available, along with other sauces including honey barbecue, blue cheese and ranch.
Here are five stocks that have the potential to move when the economy opens back up:
1. Indoor Dining:
Dine Brands Global Inc (NYSE:DIN) operates franchised and corporate-owned Applebee s Neighborhood Grill & Bar and International House of Pancakes restaurants. Many states closed or restricted indoor dining when COVID-19 case rates rose. The shares are trading more than 28% below Dine Brands Global s February 2020 highs.
2. Travel: Although
American Airlines Group Inc. (NASDAQ:AAL) share prices have been declining for years, it is trading in a range not seen since 2012.
Travel has been heavily restricted in the U.S. and internationally since last March, and once the economy reopens customers are sure to want to book trips.
Aimbridge Hospitality, a leading multinational hospitality management company, announced the appointment of Thomas Song as chief financial officer. Thomas Song will succeed Judy Hendrick, who has announced her retirement for the first half of 2021 after 13 years as CFO of Aimbridge. Hendrick will continue to support Aimbridge in a consulting capacity working with Executive Chairman Dave Johnson on transformational growth projects.
As a member of the Executive Team, Song will be responsible for leading Aimbridge s overall financial management and driving the Company s financial strategies. He will also play an integral leadership role in guiding data driven investment and business development strategies.