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What Olive Garden And LongHorn Steakhouse Tell Us About Darden
Friday, September 25, 2020 - 12:59pm | 854Darden 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...
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4 McDonald's Analysts On Whether They're Lovin' Q2 Results
Wednesday, July 29, 2020 - 3:37pm | 770Mcdonald's Corp (NYSE: MCD) reported a 30% decline in second-quarter revenue Tuesday and a 68% drop in net income. The global fast food giant was negatively impacted by the COVID-19 pandemic, but some analysts are optimistic the chain can recover. The McDonald's Analysts: BofA...
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The Street Debates Chipotle Mexican Grill's Q2 Results, Digital Sales
Thursday, July 23, 2020 - 3:21pm | 760Casual fast food chain Chipotle Mexican Grill, Inc. (NYSE: CMG) reported second-quarter results Wednesday that were highlighted by sequentially improving same-store sales metrics in June and July. Here's how the Street reacted. The Chipotle Analysts Longbow Research analyst...
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Why Texas Roadhouse Could Be A Big Post-Shutdown Winner
Wednesday, May 20, 2020 - 4:06pm | 551Grocery food prices continue to rise, and this represents a potentially overlooked opportunity for restaurants like Texas Roadhouse Inc (NASDAQ: TXRH). The Texas Roadhouse Analysts Wedbush analyst Nick Setyan maintained an Outperform on Texas Roadhouse with an unchanged $73 price...
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Raymond James Sees 'Compelling Entry Point' In Texas Roadhouse
Monday, January 13, 2020 - 12:29pm | 354After a rough 2019 for Texas Roadhouse Inc (NASDAQ: TXRH), one analyst said Monday it’s time for investors to start buying the dip. The Analyst Raymond James analyst Brian Vaccaro upgraded Texas Roadhouse from Outperform to Strong Buy and raised his price target from $63 to $68. The Thesis...
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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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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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Analysts React To Dave & Buster's Guidance Cut
Wednesday, September 11, 2019 - 12:46pm | 403Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) shares are down after cutting 2019 sales guidance on Tuesday. Raymond James analyst Brian Vaccaro said a further deterioration in comps offsets the stock’s low valuation and potential activists. “Amusement comps (high margin)...
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Raymond James Revises Red Robin Estimates Lower After CEO, Q1 Announcements
Thursday, April 4, 2019 - 3:07pm | 347Hamburger chain Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) announced Wednesday that CEO Denny Marie Post will step down immediately, and the company simultaneously pre-announced disappointing first-quarter metrics. The Analyst Raymond James' Brian Vaccaro maintains a Market Perform rating...
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3 Bulls React To Dave & Buster's Q4 Earnings
Wednesday, April 3, 2019 - 2:19pm | 544Entertainment and dining venue company Dave & Buster's Entertainment Inc (NASDAQ: PLAY) reported fourth-quarter results that came in better than the higher-end of management's own expectations. Here is a summary of how three analysts reacted to the print. The Analysts BMO Capital...
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Bon Appétit: The Street Has Mostly Bullish Reaction To Darden's Q3
Friday, March 22, 2019 - 4:28pm | 800Olive Garden's parent company Darden Restaurants, Inc. (NYSE: DRI) reported Thursday with a top-and-bottom line beat in its fiscal third quarter results and lifted its full-year 2019 outlook. The following is a roundup of the Street's reaction. The Analysts Morgan Stanley's...
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Chipotle Shares Are Soaring, But Some Analysts Remain Bearish
Thursday, February 7, 2019 - 11:24am | 769Chipotle Mexican Grill, Inc. (NYSE: CMG) reported fourth-quarter results that handily exceeded expectations from a growth in comparable sales and total transactions. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Morgan Stanley's John Glass...
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Did McDonald's Deliver A Beefy Quarter? The Street Debates
Thursday, January 31, 2019 - 4:40pm | 728McDonald's Corp (NYSE: MCD) fourth-quarter results showed a beat on the earnings line, but U.S. same-store sales missed expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Bank Of America's Gregory Francfort maintains a Buy rating...
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Dave & Buster's Entertainment Raises Guidance On Strong New Unit Performance
Tuesday, January 15, 2019 - 1:56pm | 332Dave & Buster's Entertainment Inc (NASDAQ: PLAY) revised its 2018 financial outlook to reflect positive fourth-quarter comps and raised its sales and EBITDA guidance for the year, indicating that new unit openings continue to be strong, according to Raymond James. The Analyst Raymond James...
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Raymond James Is Hungry For Cheesecake Factory And Chili's
Tuesday, January 8, 2019 - 4:09pm | 424Investors looking to take a more "constructive tactical stance" on the restaurant sector may want to consider Cheesecake Factory Inc (NASDAQ: CAKE) or Brinker International, Inc. (NYSE: EAT), according to Raymond James. The Analyst Raymond James' Brian Vaccaro upgraded Cheesecake...