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Wedbush Previews Q3 Earnings In Restaurant Group: Likes Panera And Starbucks, But Cautious On Buffalo Wild Wings And Chipotle
Friday, October 16, 2015 - 11:59am | 376Read More...Nick Setyan of Wedbush previewed the Restaurant sector ahead of operators reporting their quarterly results. Setyan favors Panera Bread Co (NASDAQ: PNRA) and Starbucks Corporation (NASDAQ: SBUX). Setyan is cautious on Buffalo Wild Wings (NASDAQ: BWLD) and Chipotle Mexican Grill, Inc. (...
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Deflation Could Be Coming To Casual Dining
Monday, September 28, 2015 - 4:08pm | 553Read More...Andrew Strelzik, BMO Capital Markets' restaurants analyst, sees food costs turning deflationary in 2016. Promotional activity could increase to "boost" comps, given the "margin cushion" from lower food costs. However, a more promotional environment has not benefited comp trends from a historical...
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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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RBC Expects To See 'Outsized' EPS Growth At Chipotle Ahead Of Next Week's Q1 Results
Monday, April 13, 2015 - 10:54am | 246Read More...In a report published Monday, RBC Capital Markets analyst David Palmer offered a preview of Chipotle Mexican Grill, Inc. (NYSE: CMG)'s upcoming first quarter earnings report. Palmer estimated Chipotle to report same-store sales growth of 12 percent while earning $3.77 per share on revenue of $1....
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Bank Of America Says Chipotle Mexican Grill Had Strong Quarter, Lowers Estimates
Wednesday, February 4, 2015 - 9:58am | 261Read More...Joseph Buckley of Bank of America on Wednesday commented on Chipotle Mexican Grill, Inc.'s (NYSE: CMG) fourth-quarter results. Chipotle Mexican Grill earned $3.84 in the quarter, falling short of Buckley's estimates of $3.90. The company's same-store sales gains of 16.1 percent also...
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Wunderlich: Better Macro Trends Supports 2015 Restaurant Outlook
Wednesday, December 10, 2014 - 10:22am | 242Read More...Robert Derrington of Wunderlich Securities commented in a note on Wednesday that restaurant industry sales trends are poised for some of the strongest monthly gains in recent memory which bodes well for the group's 2015 outlook. According to Derrington, an improving U.S. macro backdrop along with...
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Goldman Sachs On Chipotle Mexican Grill: Investors Willing To Pay Big Multiple For A Big Burrito
Monday, December 8, 2014 - 11:41am | 209Read More...Karen Houlthouse of Goldman Sachs resumed coverage of Chipotle Mexican Grill, Inc. (NYSE: CMG) on Monday with a $790 price target. "Not only is Chipotle Mexican Grill one of few concepts well positioned for the "real food" movement, but it has still significant untapped latent comp drivers,"...
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Belus Capital's Brian Sozzi Previews Chipotle Mexican Grill's Q3 Results
Friday, October 17, 2014 - 3:37pm | 603Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) is set to report its third quarter results on Monday after market close. Analysts are expecting the popular fast-casual restaurant operator to earn $3.81 per share on comp growths of 16.9 percent. Chipotle reported its second quarter results on July 21....
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Credit Suisse Notes 3 Pieces Of New Information That Favor Tyson Foods, Inc.
Wednesday, October 1, 2014 - 8:54am | 259Read More...Robert Moskow of Credit Suisse upgraded shares of Tyson Foods, Inc. (NYSE: TSN) on Wednesday to Neutral from Underperform with a price target raised to $42 from $38. The analyst noted three distinctive events that justify the upgrade. First, the highly respected consulting firm EMI...
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Market Wrap For February 11: Yellen Re-assures Markets & Wakes Up The Sleeping Bulls
Tuesday, February 11, 2014 - 5:47pm | 3158Read More...U.S. stocks rose on Tuesday as the Federal Reserve's new Chief Janet Yellen reassured investors that she is the right person for the job. In her congressional testimony, Yellen promised to stay the course in regards to the Federal Open Market Committee's approach to monetary policy. Yellen also...
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Market Wrap For January 31: Markets End January On Sour Note
Friday, January 31, 2014 - 5:38pm | 2825Read More...U.S. stocks fell steeply on Friday as Wall Street recorded its first monthly loss since August. Investors have plenty on their plate to worry about from emerging markets, an earning season failing to ignite excitement and a lackluster consumer confidence that is being felt by many retailers who...
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Chipotle Mexican Grill: What The Analysts Are Saying
Friday, January 31, 2014 - 3:19pm | 913Read More...Chipotle Mexican Grill (NYSE: CMG) on Thursday reported a strong fourth quarter result, which included a better-than-expected EPS and revenue. The company announced an EPS of $2.53, beating the consensus estimate of $2.52. Revenue of $844.1 million increased 20.7 percent year-over-year and beat...
