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Sell-Side Analysts React To Olive Garden Parent Company's Earnings Beat
Wednesday, December 19, 2018 - 12:19pm | 632Darden Restaurants, Inc. (NYSE: DRI), best known for its Olive Garden and LongHorn Steakhouse brands, reported an EPS beat and slight revenue miss in its fiscal second quarter while management lifted its outlook higher. Here is a summary of how some of the Street's top analysts reacted to the...
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What To Do With Dave & Buster's Now?
Wednesday, December 12, 2018 - 11:32am | 703Dave & Buster's Entertainment Inc (NASDAQ: PLAY) reported a better-than-expected third quarter print Tuesday, but investors appear to be concerned with a 1.3-percent same-store sales decline which was worse than the 0.7-percent decline expected. Here is a summary of how some of the Street...
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Raymond James Upgrades Bloomin' Brands Ahead Of Q2 Print
Tuesday, July 17, 2018 - 4:10pm | 351Bloomin' Brands (NASDAQ: BLMN) picked up a sell-side bull Tuesday ahead of its July 30 second-quarter earnings report. The Analyst Raymond James analyst Brian Vaccaro upgraded Bloomin' Brands from Market Perform to Outperform and set a 12-month price target of $25. The Thesis...
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Chipotle Has A New Game Plan: Is Wall Street On Board?
Thursday, June 28, 2018 - 12:59pm | 659Casual fast food restaurant chain Chipotle Mexican Grill, Inc. (NYSE: CMG) on Wednesday detailed a new game plan, including closing 65 underperforming stores, a focus on the customer experience and food innovation. Are Street analysts on board with the company whose stock remains notably...
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Analysts Rave About Dave & Buster's Amid Q1 Earnings, 'Jurassic World' VR Launch
Tuesday, June 12, 2018 - 4:25pm | 625Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) may be heading back to the winners circle after reporting a first-quarter earnings and sales beat Monday. Analysts are particularly excited about the June 14 launch of the virtual reality game "Jurassic World." The...
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Analyst: 3 Reasons The Operator Of Applebee's And IHOP Is Now A Buy
Monday, February 26, 2018 - 4:37pm | 435The upside case for Dine Brands Global Inc (NYSE: DIN), the parent company of Applebee's and IHOP restaurant concepts, can now be made after the company hosted its analyst day presentation, according to Raymond James. The Analyst Raymond James' Brian Vaccaro upgraded Dine Brands'...
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The Restaurant Sector Q2 Earnings Cheat Sheet
Saturday, July 22, 2017 - 3:39pm | 1249Previewing second-quarter earnings of the restaurant sector, Raymond James said it continues to maintain a cautious/selective stance towards its restaurant universe, given soft industry sales trends and various industry and broader macro and consumer factors reducing visibility. The firm noted...
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Wall Street Isn't Happy With Chipotle's Latest Food Safety Scare
Wednesday, July 19, 2017 - 10:16am | 510Chipotle Mexican Grill, Inc. (NYSE: CMG) investors can’t seem to catch a break lately. The stock fell 4.4 percent on Tuesday on reports that Chipotle was forced to close one of its Virginia restaurants due to an illness outbreak and was down another 2 percent Wednesday morning. Here’s a...
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Buffalo Wild Wings Soars On Analyst Confidence
Thursday, February 4, 2016 - 5:27pm | 383Analysts were generally optimistic about Buffalo Wild Wings' (NASDAQ: BWLD) chances heading into 2016 after the company reported slacking fourth quarter sales. Bearish analysts saw weakness in the restaurant industry as reason to be hesitant, while others see the wing slinger in a good...
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Raymond James Upgrades Chuy's, Notes Q1 Margin Beat And Improving Visibility
Tuesday, May 5, 2015 - 12:20pm | 260In a report Tuesday, Raymond James analyst Brian Vaccaro upgraded shares of Chuy's Holdings Inc (NASDAQ: CHUY) to Outperform from Market Perform with a newly established $27.50 price target following the company's first quarter print in which margins and earnings visibility improved. Chuy's...