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Analysts Drink Up Starbucks' Solid Quarter
Thursday, October 31, 2019 - 10:05am | 588Starbucks Corporation (NASDAQ: SBUX) delivered a significant sales beat, a 5% comps increase and an inline bottom-line in its fourth-quarter earnings report. “Starbucks continues to make progress driven by increased customer traffic especially in later dayparts and continues to reach more...
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Texas Roadhouse Serves Up Juicy Quarter, But Street Isn't Buying The Sizzle
Tuesday, October 29, 2019 - 1:35pm | 575Texas Roadhouse Inc (NASDAQ: TXRH) reported third-quarter results, which was mostly cheered by Street analysts but sparked a debate if investors should buy the stock. Q3 Sizzles Texas Roadhouse's quarter report is highlighted by a "solid" comps beat of 4.4% versus 4.3%, a "...
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The Street Debates What's Next For Chipotle
Wednesday, October 23, 2019 - 11:45am | 575Chipotle Mexican Grill, Inc. (NYSE: CMG) reported third-quarter results that exceeded expectations, highlighted by better-than-expected same-store sales growth of 11% versus 9% expected and an increase in net income from $38.2 million last year to $98.6 million. Flawless Quarter Chipotle's...
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Wall Street Takes A Bite Out Of McDonald's Quarter
Wednesday, October 23, 2019 - 9:29am | 544McDonald's Corp (NYSE: MCD) reported third-quarter results, which disappointed investors across multiple metrics. The stock fell about $10 per share Tuesday to close at $199.27. Here is a summary of how some of the Street's top analysts reacted to the print. Morgan Stanley: Key Takeaways...
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Despite Lackluster Quarter, Sell-Side Says Domino's Will Eventually Beat Back New Third-Party Delivery Competition
Wednesday, October 9, 2019 - 12:19pm | 627Domino’s Pizza, Inc. (NYSE: DPZ) was in the delivery business before delivery was so cool, and it will withstand the current onslaught of new food delivery companies, analysts said as they kept bullish ratings intact despite mixed third-quarter results. The Analysts Wedbush analyst Nick...
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A McDonald's Analyst On The Chain's Meatless Prospects
Friday, September 27, 2019 - 7:25am | 432It's the news that many Beyond Meat Inc (NASDAQ: BYND) investors have been waiting for: the company has finally announced a partnership with McDonald's Corp (NYSE: MCD). The Analyst Stephens analyst Will Slabaugh maintained an Overweight rating on McDonald’s with...
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Street Analysts Mixed After Darden Restaurants Serves Up Lukewarm Results
Friday, September 20, 2019 - 4:17pm | 891Olive Garden's parent company Darden Restaurants, Inc. (NYSE: DRI) reported fiscal first-quarter results which came in mixed versus expectations while some metrics flat out disappointed. Here is a summary of how some of the Street's top analysts reacted to the print and management's...
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What To Make Of Wendy's Breakfast Expansion
Tuesday, September 10, 2019 - 11:43am | 769Shares 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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'Generally Positive': The Street Reacts To Domino's Garage Open House
Monday, September 9, 2019 - 3:42pm | 685Pizza chain Domino's Pizza, Inc. (NYSE: DPZ) invited multiple Street analysts to its "innovation garage" to showcase its technology and innovation initiatives. Morgan Stanley: 4 Takeaways Morgan Stanley analyst John Glass had four takeaways from the event: Management is...
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Analyst Calls GrubHub's Q2 'Good Enough'
Wednesday, July 31, 2019 - 2:28pm | 462GrubHub Inc (NYSE: GRUB) reported second-quarter results which prompted a sell-off in the stock but at least one Street analyst remains bullish on the mobile food-ordering and delivery marketplace company. The Analysts Stephens' Will Slabaugh maintains an Overweight rating on GrubHub with a...
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Texas Roadhouse Analysts Pick At Q2 Results
Tuesday, July 30, 2019 - 12:43pm | 652The steakhouse restaurant chain Texas Roadhouse Inc (NASDAQ: TXRH) reported second-quarter results Monday that were highlighted by inline EPS at 63 cents per share and a slight revenue beat at $689.83 million versus expectations of $687.99 million. Wall Street analysts weighed in after the...
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Analysts More Bullish On McDonald's After 'Thesis-Affirming Quarter'
Monday, July 29, 2019 - 11:00am | 511McDonald's Corp (NYSE: MCD) reported Friday yet another "thesis-affirming quarter" in which the fast-food giant showed both tangible and accelerating metrics in its second-quarter results. The Analysts Wells Fargo's Jon Tower maintains an Outperform rating on McDonald's with a...
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Starbucks Posts Q3 Beat: 2 Wall Street Takes
Friday, July 26, 2019 - 11:02am | 389Starbucks Corporation (NASDAQ: SBUX) shares are soaring one day after reporting a third-quarter earnings beat. Stephens: Starbucks Maintaining Full Valuation Starbucks' third quarter came in ahead of what he considers a bullish view after posting 7% U.S. comps growth and Chinese...
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Chipotle Shares Hit New All-Time Highs: The Street Debates What's Next
Wednesday, July 24, 2019 - 1:05pm | 865Chipotle Mexican Grill, Inc. (NYSE: CMG) reported better-than-expected second-quarter results highlighted by strong growth in digital sales. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts BMO Capital Markets' Andrew Strelzik maintains an...
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2 Papa John's Analysts React To $80M Investment Plan
Thursday, June 20, 2019 - 12:34pm | 413Pizza chain Papa John's Int'l, Inc. (NASDAQ: PZZA) said Wednesday that it will invest an additional $80 million in royalty relief, marketing campaigns and brand initiatives. The Analyst Stephens' Will Slabaugh maintained an Overweight rating on Papa John's with...