All Posts Tagged With: "DRI"

(RPI) Restaurant Stock Outlook – February 2013 – Zacks Analyst Interviews

The year 2012 started on a relatively positive note for U.S. restaurants. That scenario changed gradually as sales momentum slackened in the sector as the macroeconomic tension, presidential election and the “Fiscal Cliff” raised uncertainties in the market. Even this year, the...

6Feb2013 | | Comments Off | Continued

(KIM) Kimco Realty Adds Santee Trolley Square

Kimco Realty Corp. (KIM) announced the addition of the Santee Trolley Square in suburban San Diego to its portfolio. Particularly, the company purchased a 50% ownership interest of its institutional partner in Santee Trolley Square...

23Jan2013 | | Comments Off | Continued

(AA) Fourth Quarter Earnings Season Gets Underway – Earnings Preview

Q4 Earnings Season Gets Underway We are still some days away from what is ‘unofficially’ considered the start of the fourth earnings season when aluminum producer Alcoa (AA) reports results on January 8th....

17Dec2012 | | Comments Off | Continued

(MCD) Restaurant Industry Stock Outlook – October 2012 – Industry Outlook

Despite beginning the year on a relatively positive note, sales momentum in the U.S. restaurant industry appears to have slackened in the second quarter of 2012, mostly reflecting macroeconomic issues. The industry has been at the receiving end of the global economic concerns, a stronger dollar, the...

9Oct2012 | | Comments Off | Continued

(CAKE) The Cheesecake Factory in Expansion Mode

In order to boost its national presence, The Cheesecake Factory Inc. (CAKE) recently opened its new outlet at Quaker Bridge Mall situated in Lawrence Township, New Jersey. The company plans to open around seven to...

9Oct2012 | | Comments Off | Continued

(CAKE) The Cheesecake Factory Makes its Overseas Debut

The Cheesecake Factory Inc. (CAKE) opened a Cheesecake Factory restaurant at The Dubai Mall on August 16. The new 13,851 square feet Dubai restaurant can accommodate 300 guests. This new unit, opened in association with the Kuwait-based...

22Aug2012 | | Comments Off | Continued

(RPI) Restaurant Stock Review and Outlook – June 2012 – Industry Outlook

The U.S. restaurant industry has ended the first half of 2012 on a positive note despite nagging sovereign debt issues in Europe and faltering domestic consumer confidence. The strength was backed by modest traffic improvement and the consequent rise in comparable store sales. Easy comparisons from...

22Jun2012 | | Comments Off | Continued

(PNRA) Panera Bread’s COO Steps Down

Panera Bread Co. (PNRA) has recently announced that effective May 31, 2012, John Maguire will no longer serve as the Executive Vice President and Chief Operating Officer (COO) of the company. Maguire resigned from his current position...

24Apr2012 | | Comments Off | Continued

(RPI) Restaurant Industry Stock Review – March 2012 – Industry Outlook

The restaurant industry appears well positioned for gradual improvement in the first half of 2012. The global economy had been affected by challenges mainly in the second half of 2011 due to concerns about the nagging sovereign debt issues in Europe and the health of the U.S. economy. While these...

14Mar2012 | | Comments Off | Continued

(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 in higher discounting...

18Jan2012 | | 0 comments | Continued

(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 in higher discounting...

11Jan2012 | | 0 comments | Continued

(ADBE) Company News for December 19, 2011 – Corporate Summary

•    Zynga, Inc. (NASDAQ:ZNGA) made its debut on the Nasdaq and dropped 5.0% to $9.50. The company’s initial public offering was priced at $10.00 per share •    Shares of Adobe Systems Inc. (NASDAQ:ADBE)...

19Dec2011 | | 0 comments | Continued

(RPI) Restaurant Industry Stock Review – November 2011 – Industry Outlook

The restaurant industry is showing improvements and seems poised for long-term growth, but concerns about the health of the U.S. economy and the nagging sovereign debt issues in Europe pose some risks to this outlook. However, if we look back at the last few months, restaurant operators managed to...

23Nov2011 | | 0 comments | Continued

(DHI) U.S. Housing Starts Slip Less Than Expected

We got some fairly good news on the housing front this morning. Housing Starts fell in September to a seasonally-adjusted annual rate of 628,000 from 630,000 in August, a drop of 0.3%. But the number was much better than the expected level of 603,000. However, the September numbers...

21Nov2011 | | 0 comments | Continued

(DHI) U.S. Housing Starts Down – Permits Up

Housing Starts fell in August to a seasonally adjusted annual rate of 571,000 from 601,000 in July, a decrease of 5.0%. However, the July numbers were revised lower from 604,000, so it is possible to see the decrease as 34,000, or 5.5%. The number was also slightly below the expected level of 575,000. Relative...

21Sep2011 | | 0 comments | Continued

(RPI) Restaurant Industry Stock Review – July 2011 – Industry Outlook

The restaurant industry is finally showing improvements and seems poised for long-term growth. Riding on the back of a slowly reviving U.S. economy and the consequent rise in comparable-store sales, restaurant operators have managed to post improved results in recent months. We expect restaurant companies...

29Jul2011 | | 0 comments | Continued

(AAPL) Company News for July 5, 2011 – Corporate Summary

•    Eastman Kodak Co. (NYSE:EK) received a mixed ruling from the U.S. International Trade Commission on its patent infringement suit against Research In Motion Limited (NASDAQ:RIMM) and Apple...

5Jul2011 | | 0 comments | Continued

(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 revenue jumped...

1Jul2011 | | 0 comments | Continued

(PMI) U.S. Manufacturing Outlook Not That Bad

The busy economic docket of this first day of July notwithstanding, Stocks may not do much today ahead of the July 4th weekend. But they have done plenty lately. In fact, the sharp gains in the last few days enabled the market to recoup earlier losses and effectively break-even for the quarter. And...

1Jul2011 | | 0 comments | Continued

(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 region. Industry veteran...

30Jun2011 | | 0 comments | Continued

(STZ) U.S. Jobless Claims Remain High

The positive momentum in the stock market over the last few days reflected growing expectations of a positive outcome for the Greek story. Wednesday’s successful parliamentary vote, to be followed by another vote today, paves the way for the beleaguered nation to get the funding lifeline from...

30Jun2011 | | 0 comments | Continued

(DRI) Darden Restaurants 2011 Fourth Quarter Earnings Preview

Darden Restaurants Inc. (DRI) is slated to release its fourth quarter 2011 earnings on June 30, after market closes. The current Zacks Consensus Estimate is 99 cents for the fourth quarter (reflecting a year-over-year growth of 15.65%). Darden...

27Jun2011 | | 0 comments | Continued

(NKE) Money Isn’t Changing Hands Fast Enough – AAII Investor Update

Federal Reserve Chairman Ben Bernanke continues to be the enemy of savers. On Wednesday, the Boston Red Sox fan reiterated his belief that interest rates should be kept at rock-bottom levels for an extended period of time. He views this as necessary in order to keep the economy growing. Part...

24Jun2011 | | 0 comments | Continued

(RPI) Restaurant Industry Stock Review – April 2011 – Industry Outlook

The restaurant industry finally seems ready to show improvements in the second half of 2011. Riding on the back of a slowly reviving U.S. economy and the consequent rise in comparable-store sales, restaurant operators have managed to post improved results in recent months. We expect restaurant companies...

19Apr2011 | | 0 comments | Continued

(ANR) Stock Market News for Feb 01, 2011 – Market News

Markets closed in the green on Monday as strong earnings results from Exxon Mobil (NYSE:XOM) and positive economic data help offset concerns about political unrest in Egypt. The Dow Jones Industrial Average rose by 0.6% to...

1Feb2011 | | 0 comments | Continued

(SSS) Restaurant Industry Stock Review – January 2011 – Industry Outlook

The restaurant industry finally appears well positioned for gradual improvement in the first half of 2011. The industry had been depressed by extremely tough challenges since the end of 2009 from the economic turmoil that resulted in weak labor and tight credit markets, resulting in lower discretionary...

11Jan2011 | | 0 comments | Continued

(SBUX) Starbucks Analyst Maintains Neutral Rating on Shares

We currently reiterate our Neutral recommendation on Starbucks Corporation (SBUX). Seattle, Washington-based Starbucks registered robust results for the fourth quarter and full year 2010. Adjusted quarterly earnings of $0.37...

27Dec2010 | | 0 comments | Continued

(CPKI) California Pizza Kitchen Expands

Los Angeles-based California Pizza Kitchen Inc. (CPKI), which currently owns and operates 207 restaurants and franchises 56 restaurants, is on track to open three company-owned full service restaurants in the fourth quarter of fiscal...

20Dec2010 | | 0 comments | Continued

(WMT) Case-Schiller Index Shows Home Prices Falling Again

Home prices are falling again. This morning, the Case-Schiller Index data for August (actually a three month average of June, July and August) was released. For the month, on a seasonally adjusted basis, the composite 10 city index (C-10) fell 0.17% while the broader composite 20...

3Nov2010 | | 0 comments | Continued

(DRI) Darden Restaurants Signs Middle East Development Agreement

Florida-based Darden Restaurants Inc. (DRI) recently announced that it has inked a development agreement with food service franchise operator, Americana Group of Kuwait to enter the Middle East market. Americana Group will develop...

23Oct2010 | | 0 comments | Continued