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News Breaks | | | | October 11, 2012 | | 10:55 EDT |  | YUM, YUM, YUM, WEN, WEN, WEN, THI, THI, THI, SONC, SONC, SONC, SBUX, SBUX, SBUX, RT, RT, RT, RRGB, RRGB, RRGB, PNRA, PNRA, PNRA, MCD, MCD, MCD, JACK, JACK, JACK, EAT, EAT, EAT, DRI, DRI, DRI, DPZ, DPZ, DPZ, DNKN, DNKN, DNKN, CMG, CMG, CMG, CBRL, CBRL, CBRL, CAKE, CAKE, CAKE | BofA/Merrill's restaurant analyst holds an analyst/industry conference call Restaurants Analyst Buckley, along with industry consultant Malcolm Knapp, discuss Mr. Knapp's views of the current consumer environment, as well as his outlook for restaurants, on an Analyst/Industry conference call. Relevant covered companies CAKE, CBRL, CMG, DNKN, DPZ, DRI, EAT, JACK, MCD, PNRA, RRGB, RT, SBUX, SONC, THI, WEN and YUM may be included on the Analyst/Industry conference call to be held on October 15 at 11 am. | |
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News For CAKE;CBRL;CMG;DNKN;DPZ;DRI;EAT;JACK;MCD;PNRA;RRGB;RT;SBUX;SONC;THI;WEN;YUM From The Last 14 Days Check below for free stories on CAKE;CBRL;CMG;DNKN;DPZ;DRI;EAT;JACK;MCD;PNRA;RRGB;RT;SBUX;SONC;THI;WEN;YUM the last two weeks. |
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| May 17, 2013 | | 06:15 EDT |  | MCD | McDonald's to reduce its menu, Bloomberg reports
Subscribe for More Information | | | May 16, 2013 | | 16:48 EDT |  | YUM | Yum! Brands Taco Bell CEO sees doubling revenue to $14B in 10 years
Subscribe for More Information | | | 13:24 EDT |  | RRGB | Red Robin June volatility elevated; shares near seven-year high into Q1
Subscribe for More Information | | | 10:03 EDT |  | JACK | On The Fly: Analyst Downgrade Summary
Subscribe for More Information | | | 07:38 EDT |  | JACK | Jack in the Box outlook still positive, says Oppenheimer
Subscribe for More Information | | | 06:40 EDT |  | JACK | Jack in the Box downgraded to Outperform from Top Pick at RBC Capital RBC Caital downgraded Jack in the Box to Outperform due to valuation. Price target raised to $45 from $38. | | | May 15, 2013 | | 16:11 EDT |  | JACK | Jack in the Box sees FY13 EPS $1.55-$1.65, consensus $1.61 Sees FY13 SSS up approximately 1.5%-2.5%. FY13 SSS are expected to be approximately flat to up 1% at Qdoba company restaurants. Approximately 20 new Jack in the Box restaurants are expected to open, including approximately 6 company locations; 70-75 new Qdoba restaurants are expected to open, of which approximately 40 are expected to be company locations. Capital expenditures are expected to be $95-$105M. | | | 16:08 EDT |  | JACK | Jack in the Box sees Q3 SSS up approximately 1%-3%
Subscribe for More Information | | | 16:07 EDT |  | JACK | Jack in the Box reports Q2 adjusted EPS 33c, consensus 31c
Subscribe for More Information | | | 15:11 EDT |  | JACK | Notable companies reporting after market close
Subscribe for More Information | | | | 10:13 EDT |  | DPZ | On The Fly: Analyst Downgrade Summary
Subscribe for More Information | | | 06:35 EDT |  | DPZ | Domino's Pizza downgraded to Hold from Buy at Miller Tabak
Subscribe for More Information | | | May 14, 2013 | | 07:31 EDT |  | THI | Tim Hortons announces purchase of up to $1.27M common shares
Subscribe for More Information | | | May 13, 2013 | | 10:12 EDT |  | YUM | Yum! Brands falls after reporting 29% China sales decline Shares of Yum! Brands (YUM) are retreating after the company disclosed that its same store sales had tumbled 29% in China last month, versus the same period in 2012. WHAT'S NEW: The 29% decline in Yum's same-store sales in China, which the company announced on Friday night in an SEC filing, was roughly in-line with the its previous guidance for a decline of about 30%. The outbreak of avian flu in China had a significant negative impact on sales of Yum's KFC restaurants in that country last month, Yum! stated. Historically, the impact of avian flu outbreaks on KFC sales has been "relatively short-lived," Yum! added. ANALYST REACTION: In a note earlier today to investors, Oppenheimer analyst Brian Bittner wrote that Yum's sales in China had probably bottomed last month, as he believes that the avian flu outbreak is unlikely to accelerate. Yum should meet analysts' 2013 consensus estimates, and the company is poised to rebound significantly next year, added the analyst. He kept an Outperform rating on the stock. TODAY'S PRICE ACTION: In early trading, Yum! fell $1.73, or 2.5%, to $68.60. | | | 10:07 EDT |  | YUM | Yum! Brands July and October volatility low
Subscribe for More Information | | | 08:53 EDT |  | SBUX | Boingo Wireless price target raised to $10 from $7.50 at DA Davidson DA Davidson increased its price target on Boingo Wireless (WIFI) as the firm expects the company to rebound in coming quarters, partly due to its new deals with Endeka and Starbucks (SBUX). The firm keeps a Buy rating on Boingo. | | | 08:13 EDT |  | YUM | Yum! Brands China comps likely bottomed in Q1, says Oppenheimer After Yum! Brands reported in-line April China comps of down 29%, Oppenheimer believes that the company's China comps likely bottomed in Q1 as the firm doesn't expect the avian flu outbreak in China to worsen. The firm expects Yum! to meet 2013 expectations, and it thinks the company could rebound significantly next year. The firm reiterates an Outperform rating on the stock. | | | May 10, 2013 | | 16:32 EDT |  | YUM | Yum! Brands April same-store sales for China division down 29%
Subscribe for More Information | | | 11:01 EDT |  | PNRA | T. Rowe Price raises passive stake in Panera Bread to 11.4% from 7.4%
| | | 10:00 EDT |  | RRGB | On The Fly: Analyst Upgrade Summary
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