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Jefferies Says El Pollo LoCo On Track For Positive Comps In Q3
Monday, September 19, 2016 - 2:59pm | 278Read More...Jefferies maintained its Buy rating on El Pollo LoCo Holdings Inc (NASDAQ: LOCO) as it believes the restaurant operator is on track for positive Q3 same-store sales and traffic. El Pollo Loco is a growing "QSR Plus" restaurant company that specializes in fire-grilling citrus-marinated...
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Shake Shack Stock Could Be Range-Bound In The Near Term
Thursday, August 11, 2016 - 10:22am | 352Read More...Shake Shack Inc (NYSE: SHAK) reported its Q2 EPS ahead of the consensus and the estimate, driven by record rest level margins of 30.8 percent, representing growth of 55 percent year-on-year. Jefferies’ Andy Barish maintained a Hold rating on the company, while lowering the price target from...
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Jefferies' Big Call: Exit Chipotle Stock, It's Worth Just $350
Thursday, March 17, 2016 - 10:04am | 270Read More...Jefferies’ Andy Barish downgraded the rating on Chipotle Mexican Grill, Inc. (NYSE: CMG) from Hold to Underperform, while lowering the price target from $390 to $350. Turnaround Could Take Time Following the almost 29 decline in the company’s February same store sales, despite...
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Wall Street Loves Texas Roadhouse After Q4 Earnings
Tuesday, February 23, 2016 - 5:40pm | 554Read More...Shares of Texas Roadhouse Inc (NASDAQ: TXRH) surged more than 12 percent Tuesday after it reported an upbeat earnings for the fourth quarter. The restaurant operator earned $0.32 for the fourth quarter, and the number topped Street view by $0.02. Comparable sales increased 4.5 percent at...
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Jefferies Previews Q4 Restaurant Earnings: 'Challenges Likely Persist into '16'
Thursday, January 21, 2016 - 11:00am | 1022Read More...Shares of restaurant companies have been trending south over the last six months. Jefferies’ Andy Barish maintained ratings on various restaurant stocks, while revising the estimates for some of them. Challenges facing restaurant stocks are likely to persist in 2016, Barish stated...
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Which Restaurants Investors Should Watch During Earnings Season
Monday, October 5, 2015 - 3:43pm | 616Read More...In a report issued Monday, Jefferies analysts shared a preview of the third quarter for the restaurant industry. They assured that the correction the market recently experienced took a toll on most restaurant stocks, as sentiment moved from a “glass half full” view to a “glass...
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Why Yum China's CEO Departure Doesn't Look Like A Warning Sign
Wednesday, August 19, 2015 - 11:46am | 341Read More...Yum! Brands, Inc. (NYSE: YUM)'s long-time China CEO, Sam Su, announced his plans to retire. The executive served as Acting General Manager for China back in December 1989 when China KFC had only four units and has been with the company since then in various senior roles. Jefferies: Business...
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Does Shake Shack Have More Growth Ahead?
Thursday, June 25, 2015 - 3:16pm | 327Read More...In a research note published Wednesday, Jefferies analysts Andy Barish, Alexander Slagle and Reena Krishnan shared their impressions on Shake Shack Inc (NYSE: SHAK) following the Jefferies 2015 Global Consumer Conference, where CEO Randy Garutti had the chance to speak. The CEO highlighted the...
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Why Jefferies Thinks Bojangles Is A Buy
Tuesday, June 2, 2015 - 9:39am | 227Read More...In a report published Tuesday, Jefferies analyst Andy Barish initiated coverage of Bojangles Inc (NASDAQ: BOJA) with a Buy rating and $32 price target. The analyst believes that consistent unit and same-store sales growth would drive acceleration in EBITDA and EPS for the company in the double...
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Jefferies Sees Well-Positioned Brand Driving Strong Topline For Zoe's Kitchen
Thursday, March 12, 2015 - 10:14am | 112Read More...In a report published Thursday, Jefferies analyst Andy Barish reiterated a Hold rating and $30.00 price target on Zoe's Kitchen Inc. (NYSE: ZOES). In the report, Jefferies noted, "$(0.03) EPS beat on better than expected SSS of 7.8% as traffic was up 3.9% & check benefited from strong catering...
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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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Starbucks Shares Rise Heading Into Q1 Earnings
Thursday, January 22, 2015 - 3:23pm | 224Read More...Starbucks Corporation (NASDAQ: SBUX) is scheduled to report fiscal Q1 earnings Thursday after the market close. Analysts estimate that revenue will come in at $4.80 billion with EPS of $0.80. Mark Kalinowski at Janney Capital Markets recently downgraded the stock to Neutral with an $85 fair...
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Jefferies Raises Yum! Brands Price Target
Friday, December 12, 2014 - 2:32pm | 255Read More...Jefferies raised its price target on Yum! Brands, Inc. (NYSE: YUM) Friday from $67 to $72 and maintained a Hold rating. Analysts led by Andy Barish noted that the long-term “model remains intact, but YUM clarified ’15 EPS guide excludes op profit growth in KFC China given low...
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Starbucks Price Target Raised At Jefferies Following Analyst Day Presentation
Monday, December 8, 2014 - 10:49am | 217Read More...Andy Barish of Jefferies maintained a Buy rating on shares of Starbucks Corporation (NASDAQ: SBUX) on Monday with a price target raised to $97 from a previous $88. Barish notes that Starbuck's five-year plan, which was introduced during the company's Analyst Day presentation last week,...
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UPDATE: Jefferies Downgrades Chuy's Holdings As New Unit Model Is Adjusted
Wednesday, November 5, 2014 - 10:23am | 130Read More...In a report published Wednesday, Jefferies analyst Andy Barish downgraded the rating on Chuy's Holdings Inc (NASDAQ: CHUY) from Buy to Hold, and lowered the price target from $33.00 to $26.00. In the report, Jefferies noted, “SSS beat but EPS soft on food & labor pains. Commodity headwinds will...
