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Bullish Thesis Takes Flight Again For Wingstop
Friday, May 5, 2017 - 10:59am | 378Wingstop Inc (NASDAQ: WING)'s first-quarter earnings report impressed Wells Fargo's Jeff Farmer, who noted the company's bullish thesis is "back on track." Wingstop reported earnings per share of $0.22 in the first quarter, which came in six cents better than expected, although system-wide same-...
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2 Ways Buffalo Wild Wings Could Still Win After Q1 Disappoints
Thursday, April 27, 2017 - 12:45pm | 343Buffalo Wild Wings (NASDAQ: BWLD) disappointing earnings report and guidance doesn't imply the restaurant chain is down-and-out, at least according to UBS analyst Dennis Geiger. The company's earnings report certainly highlights its challenges and the need for a strategic turnaround plan,...
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McDonald's Turnaround Efforts, Growth Prospects Lead To Upgrade
Thursday, April 27, 2017 - 9:22am | 353McDonald's Corporation (NYSE: MCD) won over a Wall Street analyst after its earnings report, as Argus' John Staszak upgraded the stock from Hold to Buy with a newly established $158 price target given the fast food chain's turnaround efforts and growth prospects. McDonald's 2017...
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Domino's Keep Slinging
Thursday, April 27, 2017 - 8:52am | 383Domino's Pizza, Inc. (NYSE: DPZ)'s reported first quarter results Thursday morning, which sent shares higher by more than 3 percent. The pizza chain said it earned $1.26 per share in the quarter on revenue of $624.22 million; analysts were expecting the company to earn $1.16 per share on...
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In Q1, Chipotle's Big Beat Not Enough To Budge This Bear
Wednesday, April 26, 2017 - 8:44am | 420Chipotle Mexican Grill, Inc. (NYSE: CMG)'s earnings and revenue beat in its first-quarter report may have impressed some investors, but at least one Wall Street analyst isn't budging on his bearish stance. Stephens' Will Slabaugh maintains an Underweight rating on Chipotle's stock with a price...
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Restaurant Analyst: McDonald's U.S. Turnaround Is Happening
Tuesday, April 25, 2017 - 1:06pm | 363McDonald's Corporation (NYSE: MCD) announced a game plan to improve its struggling business back in 2015.CEO Steve Easterbrook even acknowledged the burger chain's woes and said "we're not on our game." Two years later, McDonald's turnaround is a reality at least according...
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Appetite For Brinker Abated As Analyst Awaits Signs Of Subsiding Traffic Weakness
Tuesday, April 25, 2017 - 10:41am | 341Will Slabaugh of Stephens believes Brinker International, Inc. (NYSE: EAT)'s stock isn't looking particularly attractive after the company reported its fiscal third-quarter report. Brinker, the parent company of two restaurant concepts — Chili's Grill & Bar and Maggiano's Little Italy...
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Mac Jr., Dollar Coffee Credited For McDonald's Q1 Top-Line Strength
Tuesday, April 25, 2017 - 9:03am | 500Shares of McDonald's Corporation (NYSE: MCD) were trading higher by more than 3 percent early Tuesday morning at $138.36 after the fast-food restaurant chain posted a better-than-expected first-quarter report. If McDonald's stock holds on to its pre-market gains it will open above its all-time high...
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Comps Will Be In Focus As 3 Restaurant Stocks Prepare To Report Q3 Results
Friday, October 21, 2016 - 2:12pm | 468Earnings season for the restaurant sector is off to a rough start. BJ's Restaurants, Inc. (NASDAQ: BJRI) reported its third-quarter results earlier this week in which the restaurant chain's earnings per share and revenue fell short of what analysts were expecting. Moreover, comparable restaurant...
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Domino's Gets Goldman's Blessing Heading Into Earnings
Tuesday, July 19, 2016 - 1:12pm | 265Shares of Domino's Pizza, Inc. (NYSE: DPZ) have gained 22 percent over the past year. Despite the strong outperformance versus major indices, Karen Holthouse of Goldman Sachs remains bullish on the pizza chain. Holthouse commented in a note on Tuesday she remains "comfortable"...
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Wendys Reverses Early Gains And Tumbles Following Q1 Beat
Wednesday, May 11, 2016 - 10:12am | 242Shares of Wendys Co (NASDAQ: WEN) were trading lower by more than 6 percent Wednesday despite reporting a better-than-expected first quarter results. Wendy's stock initially traded higher by more than 10 percent on light early volume after the company said it earned $0.11 per share in the...
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Sonic Starts The Quick-Service Earnings Season Off With A...Fizzle
Wednesday, January 6, 2016 - 12:26pm | 290Shares of Sonic Corporation (NASDAQ: SONC) plunged lower by more than 7 percent Wednesday morning after the company reported its first quarter results. Sonic said that it earned $0.24 per share in the first quarter on revenue of $145.8 million. Wall Street analysts were looking for the company to...