Brett Levy

On Wednesday, Starbucks Corporation (NASDAQ: SBUX) CEO Kevin Johnson announced he is retiring after five years in the position. While the coffee retailer searches for a permanent replacement for Johnson, Starbucks founder and former two-time CEO Howard Schultz will return as interim chief executive...

Starbucks Corporation (NASDAQ: SBUX) shares traded slightly lower on Wednesday after the company reported fiscal first-quarter earnings on Tuesday afternoon and said rising costs may eat into profitability in 2022. Starbucks reported first-quarter adjusted EPS of 72 cents, missing the consensus...

Darden Restaurants, Inc. (NYSE: DRI), the parent company of Olive Garden and LongHorn Steakhouse among others, reported Thursday fiscal first-quarter results highlighted by a continued sales recovery and the reinstatement of its dividend. The stock traded sharply higher and sits around $96.24 per...

McDonald's Corp (NYSE: MCD) announced Tuesday a business update consisting of its same-store sales performance in April and May and COVID-19-related commentary. Here is a summary of how some of the Street's top analysts reacted to the report. The Analysts BTIG analyst Peter Saleh maintains...

Global coffee chain Starbucks Corporation (NASDAQ: SBUX) reported second-quarter results Tuesday that were notable for the disruption to its business from the coronavirus pandemic. Here's how the Street reacted.  The Starbucks Analysts Oppenheimer analyst Brian Bittner maintained...

Starbucks Corporation (NASDAQ: SBUX) provided its investors with an update on its business Thursday in the wake of the global coronavirus outbreak, and the picture wasn’t pretty. Starbucks said it is expecting a 50% drop in China revenue in the first quarter due to the outbreak. Temporary...

Shake Shack Inc (NYSE: SHAK) reported fourth-quarter results that fell short of expectations. Management acknowledged it suffered from a "significant slowdown" in its growth business, which contributed to the stock's sell-off. Shake Shack reported quarterly earnings of 6 cents per...

Starbucks Corporation (NASDAQ: SBUX) could face a tumultuous near-term, weighed down by the COVID-19 outbreak in China, but the coffee retailer is well positioned in the long term, according to an MKM Partners analyst.  The Starbucks Analyst Brett Levy initiated coverage of Starbucks with...

Papa John's Int'l, Inc. (NASDAQ: PZZA) reported encouraging third-quarter results and a management reshuffle. The Analysts MKM analyst Brett Levy downgraded Papa John's from Buy to Neutral with a price target lowered from $60 to $55. Stifel analyst Chris O'Cull maintains at Buy,...

Pizza 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...

A filing by Jana Partners LLC on Friday afternoon indicated that the activist investor had taken a stake in Bloomin' Brands Inc (NASDAQ: BLMN). While Bloomin' Brands is still in the early stages of addressing operational, strategic and competitive issues, Jana Partners’ acquisition of...

Papa John's International, Inc. (NASDAQ: PZZA) announced Tuesday Rob Lynch will replace Steve Ritchie as CEO, effective immediately. Despite what appears to be a constant turnover of executives, at least two Street analysts are bullish on the change. The Analysts Stifel analyst Chris O'Cull...

Outback Steakhouse owner Bloomin' Brands Inc (NASDAQ: BLMN) has multiple initiatives and investments underway which will position the restaurant company well for future growth, according to MKM Partners. The Analyst MKM Partners analyst Brett Levy initiated coverage of Bloomin' Brands with...

Papa John's Intl', Inc. (NASDAQ: PZZA) challenges continued in the second quarter but management's "greater sense of urgency" is an encouraging development, according to MKM. The Analyst MKM Partners analyst Brett Levy initiated coverage of Papa John's with a Buy rating...

McDonald's Corp's (NYSE: MCD) ongoing investments in its business has successfully resulted in bringing the future of the business to the market today, according to MKM. The Analyst MKM Partners analyst Brett Levy initiated coverage of McDonald's with a Buy rating and $250 price target...