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What To Make Of Wendy's Breakfast Expansion
Tuesday, September 10, 2019 - 11:43am | 769Read More...Shares of Wendys Co (NASDAQ: WEN) lost more than 12% Tuesday after the company announced a nationwide expansion of its breakfast menu and lowered its guidance. Here is a summary of what some of the Street's top analysts are saying. Stephens: The Launch Wendy's will launch nationwide...
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Wendy's Falls After Revising 2019 Guidance
Tuesday, September 10, 2019 - 9:40am | 370Read More...Wendys Co (NASDAQ: WEN) announced Monday afternoon it plans on introducing breakfast options at all restaurants and this will negatively impact financial results for 2019. What Happened Wendy's said it wants to expand the availability of breakfast dining from more than 300 restaurants today to...
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Report: Cold Breakfast Wars Are Heating Up
Tuesday, August 20, 2019 - 4:48pm | 455Read More...At a time when consumers are opting for less sugar and more healthy options, The Wall Street Journal reports cereal makers are battling harder than ever to support sales. What Happened General Mills, Inc. (NYSE: GIS), the maker of Cheerios and Wheaties, has seen zero growth in cereal sales over the...
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6 Takeaways From Longbow's Conversation With McDonald's Franchisees
Monday, January 7, 2019 - 1:50pm | 380Read More...Current consensus estimates calls for McDonald's Corp (NYSE: MCD) to report a 2.3-percent domestic same-stores sales growth in the fourth quarter, but Longbow's first-hand checks with franchisees suggests the potential for outperformance. The Analyst Longbow Research's Alton Stump...
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As Grocery Stores Cut Cereal Shelf Space, Refrigerated And Frozen Foods Are Wanted Products
Friday, September 22, 2017 - 8:32am | 469Read More...When analysts at Piper Jaffray downgraded Kellogg Company (NYSE: K), they highlighted an ongoing trend that could hurt food makers: Grocery stores are redesigning stores to decrease shelf space. Move aside, dry cereals; hello there, refrigerator-cased breakfast options! Needless to say, food...
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Shake Shack CEO Talks Business Model, Breakfast
Saturday, July 1, 2017 - 12:33pm | 427Read More...Shares of Shake Shack Inc (NYSE: SHAK) soared after its 2015 initial public offering but are now down by around 25 percent since the company's first day of trading. But the company is still in the very early stages of its long-term plan, which should bode well for investors. Shake Shack is only...
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The Breakfast War Is Heating Up With Taco Bell's New Salsa
Tuesday, June 6, 2017 - 3:25pm | 487Read More...Attention breakfast lovers, Yum! Brands, Inc. (NYSE: YUM)'s Taco Bell unit has a new concept to win over the competitive landscape: breakfast salsa. Taco Bell is been "killing it" in the breakfast space, as evidenced by an 8-percent same-store sales gain last quarter, CNBC's...
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New York Replaces Kellogg School Breakfasts With Organic Startup Brand
Friday, March 3, 2017 - 11:23am | 361Read More...The ongoing trend toward healthy and organic food over processed food from the national brands gained further momentum this week after New York City public schools made a big change. According to The New York Times, the New York City public school system quietly replaced Kellogg Company (NYSE: K)'s...
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Can Breakfast Give McDonald's A Boost?
Wednesday, September 2, 2015 - 6:56am | 320Read More...McDonalds Corporation (NYSE: MCD)'s beloved breakfast is about to become a menu staple at locations around the country after customer demand gave the fast-food chain reason to pilot a 24-hour breakfast offering at select locations. The company's test runs in several U.S. states...
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Is Dean Foods Facing A Secular Headwind Of People Consuming Less Breakfast & Milk?
Thursday, May 21, 2015 - 4:12pm | 416Read More...Even though fears of decline in milk consumption have been popping up from time to time, shares of Dean Foods Co (NYSE: DF) haven’t seen any kind of downturn, as they are up more than 20 percent year-over-year. Dean Foods CEO, Gregg Tanner, was on CNBC recently to share his outlook on...
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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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Oppenheimer Says Yum! Brands Reward Outweighs Risk, Places $90 Price Target
Monday, April 20, 2015 - 2:40pm | 295Read More...In a report published Monday, Oppenheimer analyst Brian Bittner reiterated an Outperform rating on shares of Yum! Brands, Inc. (NYSE: YUM) with a price target boosted to $90 from a previous $80, noting that the company's near-term results are "tough to call" but the fundamental setup may improve...
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Jefferies: Starbucks 'Continues To Crank'
Thursday, February 26, 2015 - 12:41pm | 229Read More...In a report published Wednesday, Jefferies analyst Andy Barish detailed a recent meeting with Starbucks Corporation (NASDAQ: SBUX) executives and found the company's Chief Financial Officer Scott Maw "upbeat" about the company's prospects. "Starbucks is likely seeing some positive changes in...
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Takeaways From Brian Sozzi's Interview With General Mills U.S. Chief
Tuesday, February 3, 2015 - 11:22am | 272Read More...Brian Sozzi of Belus Capital Advisors recently interviewed General Mills, Inc.'s (NYSE: GIS) Executive Vice President and Chief Operating Officer of U.S. Retail Business Jeff Harmening for an article on The Street. Harmening told Sozzi that the company continues to capitalize on...
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What People Are Saying About McDonald's McBrunch
Monday, September 15, 2014 - 4:09pm | 854Read More...Can’t get enough of McDonald’s breakfast? Consumers might be in luck. Last week, BurgerBusiness broke the news that McDonald’s Corporation (NYSE: MCD) is seeking a trademark on the term “McBrunch.” Although the company won’t provide any details of what the...
