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Is Bojangles A Buy After Earnings?
Friday, June 12, 2015 - 12:45pm | 415Read More...Bojangles Inc (NASDAQ: BOJA) reported its first quarter results on Thursday after market close. Wells Fargo: Same-Store Sales Impressive Jeff Farmer of Wells Fargo commented in a note that Bojangles' same-store sales gains of 7.9 percent were impressive despite being pre-released in early...
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Stifel, Morningstar Analysts React To McDonald's Decision To Quit Reporting Monthly Sales
Wednesday, May 27, 2015 - 5:06pm | 398Read More...McDonald's Corporation (NYSE: MCD) announced on Wednesday it will cease reporting its monthly same-store sales metrics as of July 1. June will serve as the company's final monthly release and will be included in its second quarter results. Speaking to Benzinga, Stifel Associate Michael...
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McDonald's Will Stop Reporting Monthly Same-Store Sales Figures
Wednesday, May 27, 2015 - 10:54am | 345Read More...McDonald's Corporation (NYSE: MCD) will stop reporting its monthly same-store sales metrics. The company will report its May sales metric on June 8, while June's sales metrics will be included in the company's second quarter report. That will mark the last time the data will be...
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Report: Jimmy John's Sets Sights On IPO
Wednesday, May 27, 2015 - 8:56am | 303Read More...Jimmy John's Franchise, LLC is eyeing an IPO that could value the gourmet sandwich chain at more than $2 billion, according to Reuters. Citing sources, Reuters noted that Jimmy John's is discussing a potential IPO with investment banks to serve as underwriters. Shares of the company could debut on...
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Feltl Upgrades Diversified Restaurant Holdings Following 'Much Better' Than Expected Q1
Friday, May 8, 2015 - 11:53am | 258Read More...In a report published Friday, Feltl and Company analyst Mark Smith upgraded shares of Diversified Restaurant Holdings, Inc (NASDAQ: BAGR) to Strong Buy from Buy with an unchanged $6.50 price target following the company's "much better" than expected first quarter results. Smith noted that the...
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Bojangles' Prices IPO At $19, High End Of Range
Friday, May 8, 2015 - 9:46am | 346Read More...Investors have shown an appetite for restaurant-related stocks, and investors will get their first look at Bojangles' Restaurants, Inc. (NASDAQ: BOJA) on Friday as shares will begin trading for the first time on the stock market. Bojangles' Restaurants has a menu that focuses on traditional...
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McDonald's Reports Better-Than-Expected Global Comps In April
Friday, May 8, 2015 - 9:41am | 282Read More...McDonald's Corporation (NYSE: MCD) on Friday reported its global comparable-store sales fell 0.6 percent in April, exceeding the 1.8 percent decline analysts were expecting. By region, U.S. comparable sales fell 2.3 percent, Europe comparable sales rose 1 percent while Asia/Pacific Middle East and...
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Raymond James Upgrades Chuy's, Notes Q1 Margin Beat And Improving Visibility
Tuesday, May 5, 2015 - 12:20pm | 260Read More...In a report Tuesday, Raymond James analyst Brian Vaccaro upgraded shares of Chuy's Holdings Inc (NASDAQ: CHUY) to Outperform from Market Perform with a newly established $27.50 price target following the company's first quarter print in which margins and earnings visibility improved. Chuy's...
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Macquarie Is Tracking The Ongoing Expansion Of Yelp's Platform
Friday, April 10, 2015 - 12:53pm | 342Read More...In a report published Friday, Macquarie Capital analyst Tom White detailed an analysis of Yelp Inc (NYSE: YELP)'s listings of local businesses in categories where the company launched its "Platform" transaction/eCommerce initiative. Here are his findings: Restaurants:...
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McDonald's Shareholders: 2 Top Wall Street Analysts Are Talking
Monday, April 6, 2015 - 2:53pm | 464Read More...In two separate reports published Monday, David Palmer of RBC Capital Markets and Brian Bittner of Oppenheimer discussed McDonald's Corporation (NYSE: MCD), offering two different takes on the company's prospects. RBC: Negative Start For U.S. Turnaround Palmer estimated...
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Telsey Advisory Group Bullish On Darden Restaurants Post-Earnings
Monday, March 23, 2015 - 10:46am | 228Read More...In a report published Monday, Telsey Advisory Group analyst Peter Saleh upgraded shares of Darden Restaurants, Inc. (NYSE: DRI) to Outperform from Market Perform with a price target raised to $77 from a previous $61 following the company's third quarter report. Saleh noted that the company's third...
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McDonald's: 5 Interesting Themes These Analysts Are Watching
Tuesday, March 17, 2015 - 11:53am | 256Read More...In a report published Tuesday, Cleveland Research Company analyst Steven Gojack presented five key themes that McDonald's Corporation (NYSE: MCD) should be aware of. 1. 2015 is likely a "transition year" as the company is focusing on improving its brand image, de-emphasizing its dollar menu,...
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The Axis Of The Restaurant Sector Just Shifted (Thanks To Credit Suisse)
Wednesday, March 11, 2015 - 12:58pm | 902Read More...In a report published Tuesday, Credit Suisse analyst Jason West initiated the Restaurant Sector at Neutral, noting that the group is "entering happy hour, but without the discount." West commented that fundamentals for the group are turning more positive and multiple tailwinds should...
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Why Yum! Brands Could Underperform, According To Credit Suisse
Wednesday, March 11, 2015 - 10:29am | 252Read More...In a report published Tuesday, Credit Suisse analyst Jason West initiated coverage of Yum! Brands, Inc. (NYSE: YUM) with an Underperform rating and $74 price target, reflecting ongoing concerns in China. According to West, the pace of recovery of Yum! Brands China business (which accounts for...
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Top 4 Mid-Cap Stocks In The Restaurants Industry With The Highest EPS
Wednesday, March 11, 2015 - 4:44am | 150Read More...Below are the top mid-cap restaurants stocks on the NYSE and the NASDAQ in terms of earnings per share. The trailing-twelve-month earnings per share at Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) is $6.21. Cracker Barrel Old Country Store's ROE for the same period is 28.20%. The...
