Restaurants
(BWLD) Buffalo Wild Wings Beat Earnings Again
Restaurant operator Buffalo Wild Wings Inc.(BWLD), recently reported first quarter 2012 earnings of 98 cents per share, surpassing the Zacks Consensus Estimate of 95 cents per share and also jumping 21.0%...
(KKD) Krispy Kreme Doughnuts COO Steps Down
Winston-Salem, North Carolina-based Krispy Kreme Doughnuts, Inc. (KKD) recently announced that its President and Chief Operating Officer (COO) Kenneth A. May has stepped down from his position citing personal...
(RRGB) Red Robin Gourmet Burgers – Bull of the Day
Red Robin Gourmet Burgers (RRGB) reported another solid quarter with fourth-quarter 2011 earnings surpassing the Zacks Consensus Estimate as it experienced upside in revenue and margin. The company is progressing...
(BJRI) BJ’s Restaurants – Bull of the Day
BJ’s Restaurants (BJRI) remains well positioned to sustain its growth momentum, while generating improved earnings on the heels of efficient operations and innovative offerings. These also help the...
(DRI) Darden Restaurants Incorporated – Bear of the Day
Although Darden Restaurants, Inc. (DRI) registered improving blended comparable restaurant sales for the last few quarters, recent woes at Olive Garden continue to nag the company. Stiff competition resulting...
(DRI) Darden Restaurants Incorporated – Bear of the Day
Although Darden Restaurants, Inc. (DRI) registered improving blended comparable restaurant sales for the last few quarters, recent woes at Olive Garden continue to nag the company. Stiff competition resulting...
(KKD) Krispy Kreme Doughnuts Beats Earnings Expectations – Ups Outlook
Krispy Kreme Doughnuts Inc. (KKD) posted third quarter 2012 earnings of 7 cents per share, beating the Zacks Consensus Estimate by a penny. Quarterly earnings more than doubled from the year-ago level of 3...
(MCD) McDonald’s Analyst Shares Rated Stable at Neutral
We remain Neutral on McDonald’s Corp. (MCD) with solid comparable sales (comps) momentum, expansion and accelerated remodeling on the one side, and commodity inflation, increased selling, general and...
(KONA) Kona Grill to Begin Share Buyback Program
After swinging back to profit in the third quarter of 2011, Kona Grill Inc (KONA) is set to boost investors’ wealth by initiating a share buyback program.
The board of directors...
(YUM) Yum! Brands Announces Board Approves Share Buyback
Louisville, Kentucky-based Yum! Brands Inc. (YUM) recently announced that its board has approved the share repurchase of an additional $750 million. The company has been consistently enhancing shareholders’...
(TXRH) Texas Roadhouse Beats The Street – Outlook Up
Texas Roadhouse Inc (TXRH) recently posted third quarter 2011 earnings of 22 cents, which exceeded the Zacks Consensus Estimate of 19 cents and grew 15% year over year. The higher-than-expected results were...
(MCD) A Smart Play in Down Markets – Multinational Stocks
by Jason Jenkins, Investment U Research
(RRGB) Red Robin Gourmet Burgers 2011 Growth on Track
Colorado-based Red Robin Gourmet Burgers Inc. (RRGB), which currently operates more than 450 restaurants across the United States and Canada, is set to open a new restaurant in Baltimore, Maryland on October...
(CAKE) The Cheesecake Factory Expands in California
The Cheesecake Factory Inc. (CAKE), which currently operates 168 restaurants, recently announced the opening of a new unit in San Mateo, California. This is the fifth of the company’s targeted 7 new openings...
(YUM) Yum! Cuts Off Two Brands
Yum! Brands Inc. (YUM) has finally found the right candidate for the sale of its brands –– Long John Silver’s and A&W. The company recently inked definitive agreements with two separate buyers led...
(BNHN) Benihana Sales Increase After Being Hurt by Hurricane Irene
Benihana Inc (BNHN), the largest operator of Japanese restaurants in the U.S, posted restaurant sales of $24.9 million in the four-week period ending September 11, 2012, up 5.6% from $23.5 million delivered...
(CBRL) Cracker Barrel Old Country Store Beats Estimates
Cracker Barrel Old Country Store Inc. (CBRL) reported fourth quarter 2011 adjusted earnings of 99 cents per share, beating the Zacks Consensus Estimate of 90 cents. Quarterly earnings exclude a charge of...
(MCD) McDonald’s Reports Weak August Comps
McDonald’s Corp. (MCD) has posted global comparable sales (comps) growth of 3.5% in August on the back of strong beverage sales as well as core menu products. However, the fast-food chain operator witnessed...
(MCD) Ugly U.S. Jobs Report in Depth Part 2
This month’s employment report was just plain ugly. There were, on balance, NO new jobs created in August, according to the establishment survey. Also, the job creation totals for July were cut to 85,000 from 117,000, and for June to just 20,000 from last month’s estimate...
(DPZ) Domino’s Pizza Beats The Street on Higher Sales
Domino’s Pizza Inc. (DPZ) reported second quarter 2011 earnings of 40 cents per share, which outpaced the Zacks Consensus Estimate by 4 cents and the year-ago quarter’s adjusted earnings by 7 cents.
The...
(MCD) McDonalds Rated BUY as Earnings Season Rolls On – ValuEngine.com
So far this week we have provided data on Apple, United Technologies, and US Airways ahead of the earnings reports. Today we finish off our earnings week coverage with our data on fast food giant McDonalds (MCD) Analysts...
(MCD) U.S. Publishes Awful Jobs Report In Depth – Part 2
This is the second part of our jobs report analysis. To read part one, please click here.
This month’s employment report was deeply disappointing, and would have...
(WEN) Wendy’s Drops Arby’s From Name
Wendy’s/Arby’s Group Inc (WEN) has dropped Arby from its name following the completion of its previously announced sale of Arby’s Restaurant Group. Wendy’s is once again a solo brand...
(BJRI) BJ’s Restaurants’ Analyst Maintains Neutral Rating on Shares
We maintain our long-term Neutral rating for BJ’s Restaurants Inc. (BJRI). While we are optimistic on the company’s unit growth potential and solid same-same restaurant sales, the negative impact from...
(DRI) Darden Restaurants Meets Earnings Estimates – Hikes Dividend
Darden Restaurants Inc (DRI) posted fourth quarter 2011 earnings of $1.00 per share, in line with the Zacks Consensus Estimate, but up 23% from the year-ago quarter’s earnings of 81 cents per share.
Total...
(DRI) Darden Restaurants Opens LongHorn in San Antonio
LongHorn Steakhouse, operated by Darden Restaurants Inc. (DRI), recently opened a 6,200-square foot restaurant, in San Antonio, Texas. The restaurant accommodates 240 guests and is the fifth LongHorn in the...
(RRGB) Red Robin Gourmet Burgers CFO & CMO Resign
Colorado-based Red Robin Gourmet Burgers Inc (RRGB) recently announced that Katie Scherping will step down as its Chief Financial Officer (CFO) effective July 15, 2011. On the same day, Susan...
(YUM) Yum! Brands in Neutral Lane
We maintain our Neutral rating on Yum! Brands Inc. (YUM). While we are optimistic on the company’s lucrative China division and solid unit growth, negative impact from Taco Bell U.S. as well as commodity...
(BNHN) Benihana Sales Remain Strong
Benihana Inc (BNHN), the leading operator of Japanese restaurants in the U.S, posted restaurant sales of $26.9 million for the four-week period ending June 19, 2011, up 6.0% from $25.3 million in the year-ago...
(CPKI) California Pizza Kitchen Has A Dozen Restaurants in Mexico
California Pizza Kitchen Inc. (CPKI) recently opened its first restaurant in Metepec, Mexico in collaboration with Grupo Calpik, S.A.P.I. de C.V. This was the company’s twelfth opening in that country.
The...