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And it's failing. The popular restaurant and shopping review site took a loss of $22 million in the fourth quarter last year, marking the fourth consecutive quarter of losses. In the same quarter of 2014, it posted a profit of $32 million. Yelp (YELP) disappointed on another key metric watched by investors: earnings before interest, taxes and other key costs, a yardstick known as EBITDA. Yelp was expected to make over $21 million in these earnings but it only made $17.5 million. That miss -- along with a rough day in markets overall -- sent Yel ...
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Meet the original “The Halal Guys”: Mohamed Abouelenein, Ahmed Elsaka, and Abdelbaset Elsayed. They are the founding members of our growing franchise. These Egyptian immigrants traveled to the United States in hopes of a better life and set their sights on becoming a true American entrepreneurial success story. Together they launched NYC’s first Halal food cart in 1990. This has led to The Halal Guys being the #1 Most Yelped eatery in NYC and #3 in the entire United States. Today, our Corporate team continues the legacy and builds upon ou ...
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