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Bobby Flay Plans IPO For Bobby's Burger Palace
Monday, July 17, 2017 - 2:53pm | 408Read More...Celebrity chef Bobby Flay is tapping the public market and will 'mini-IPO' his burger chain called Bobby's Burger Palace, The Wall Street Journal reported. Flay's company is looking to raise around $15 million to better support his restaurant chain that has just 17 locations. The...
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Shake Shack In The Early Innings Of Its Growth Story
Thursday, October 20, 2016 - 3:12pm | 355Read More...Buckingham Research Group believes Shake Shack Inc (NYSE: SHAK) is still in its initial growth phase. However, that did not prevent the firm from reducing its comps expectations for the third quarter from 0.5 percent to flat to reflect the soft market conditions. While retaining a Buy rating,...
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Lower Expectations For Texas Roadhouse Make A Nice Set-Up For Q3
Thursday, October 20, 2016 - 2:46pm | 301Read More...Texas Roadhouse Inc (NASDAQ: TXRH) operates over 400 restaurant locations across the United States. While the company is benefiting from lower beef prices, decelerating SRS figures appear to be offsetting the lower costs Texas Roadhouse is experiencing. "We are impressed with TXRH's recent...
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Now's A Good Time To Reserve A Spot In Zoe's Kitchen
Thursday, October 20, 2016 - 2:37pm | 374Read More...Buckingham Research Group likes Zoe's Kitchen Inc (NYSE: ZOES) shares, although the firm slashed the target price from $37 to $33. Still, the revised price target offers a potential upside reward of more than 50 percent. Therefore, this may be a golden opportunity to buy the shares ahead of the...
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Government Food Benefit Cuts Could Be Bigger Headwind For Dollar General Than Dollar Tree
Monday, September 26, 2016 - 4:10pm | 551Read More...While discussing the faster rate of decline in government food benefits in June, Buckingham Research said it believes Dollar Tree, Inc. (NASDAQ: DLTR) may be less impacted than Dollar General Corp. (NYSE: DG). The firm estimates a 10–20 basis point hit for the former, compared to the 20...
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'A Lot Of Growth Ahead,' Buckingham Sees 22% Upside For Zoe's Kitchen
Friday, June 17, 2016 - 9:40am | 366Read More...Zoe's Kitchen Inc (NYSE: ZOES) offers investors an "attractive opportunity to participate in one of the best unit growth stories in the restaurant space," according to a note from Buckingham Research, which started coverage of the stock with a Buy and $45 price target (22 percent upside). "We like...
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Chipotle Is Ready To 'Guac & Roll'
Thursday, June 16, 2016 - 4:20pm | 246Read More...Buckingham Research analyst John Zolidis initiated his coverage on Chipotle Mexican Grill, Inc. (NYSE: CMG) with a Buy rating and established a $547 price target. He listed four main factors for the upgrade. The first is that Chipotle is under-earning. The second is that customers would finally...
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Buckingham: Wal-Mart Merely A Neutral, Labor Investment Uncertain
Tuesday, March 22, 2016 - 1:16pm | 303Read More...Buckingham Research Group’s John Zolidis initiated coverage of Wal-Mart Stores, Inc. (NYSE: WMT) with a Neutral rating and a price target of $70, saying that the company’s planned investments would hurt earnings in the near term. Labor Investment Wal-Mart plans to invest $2.7B in...
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Buckingham Initiates Buy Ratings On Dollar Stores
Tuesday, February 23, 2016 - 5:25pm | 446Read More...Buckingham Research has initiated coverage of Dollar General Corp. (NYSE: DG) and Dollar Tree, Inc. (NASDAQ: DLTR) with Buy ratings. The firm has a price target of $94 on Dollar General and $96 on Dollar Tree. Analyst John Zolidis believes Dollar General shares offer investors a way to play...
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Foot Locker One Of The Favorite Ideas For 2010
Thursday, December 17, 2009 - 3:26pm | 96Read More...Analyst John Zolidis of Buckingham Research has picked Foot Locker Inc (NYSE: FL) as one of the favorite footwear retailers to do well in 2010. According to the analyst, the new CEO of Foot Locker can improve the merchandising and take other actions that will improve the shareholder value. The...
