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News Breaks
December 5, 2012
07:52 EDTTXRH, BWLD, DRIDarden comp trends could deteriorate further, says Oppenheimer
After Darden (DRI) preannounced lower than expected Q2 EPS, Oppenheimer says that Darden's comps will become more difficult during the winter. The firm views the company's results as negative for other casual dining companies, particularly Buffalo Wild Wings (BWLD) and Texas Roadhouse (TXRH). The firm maintains an Outperform rating on Darden, based on valuation.
News For DRI;BWLD;TXRH From The Last 14 Days
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February 24, 2015
08:53 EDTTXRHTexas Roadhouse price target raised to $42 from $35 at BofA/Merrill
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08:09 EDTTXRHJPMorgan says sell Texas Roadhouse, buy Bloomin' Brands
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February 23, 2015
18:02 EDTTXRHOn The Fly: After Hours Movers
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16:07 EDTTXRHTexas Roadhouse raises quarterly dividend to 17c from 15c per share
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16:06 EDTTXRHTexas Roadhouse sees positive comparable restaurant sales growth in FY15
Sees 25 to 30 company restaurant openings, including as many as five Bubba's 33 restaurants. For FY15 sees: Food cost inflation of 3% to 4%; An income tax rate of approximately 30.0% to 31.0% depending on the reinstatement of certain federal tax credits; and Total capital expenditures of $135M-$145M. :
16:04 EDTTXRHTexas Roadhouse reports Q4 EPS 26c, consensus 26c
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11:51 EDTDRIOpco reiterates Darden as a top idea after CEO news
Oppenheimer reiterates Darden as a top idea after the company removed the temporary status of CEO Gene Lee. Opco views the development as an incremental positive and reiterates an Outperform rating on the name.
10:08 EDTTXRHHigh option volume stocks
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08:12 EDTDRIDarden board appoints Eugene Lee to CEO effective immediately
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