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Starbucks Posts Earnings Beat: New CEO Will 'Fix The Business The Right Way,' Analyst Says
Wednesday, January 29, 2025 - 1:46pm | 1092Shares of Starbucks Corp (NASDAQ:SBUX) were climbing in early trading on Wednesday after the Seattle-based company reported upbeat fiscal first-quarter earnings. Here are some key analyst takeaways. Goldman Sachs analyst Christine Cho maintained a Buy rating, while raising the price target from $...
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Portillos 'Beefed Up' Focus To Improve Traffic Trends, Says Bullish Analyst
Monday, January 27, 2025 - 12:18pm | 331Italian beef, burgers, and salads company Portillos Inc (NASDAQ:PTLO) has intensified its efforts to improve traffic trends, according to Stifel. The Portillos Analyst: Analyst Chris O’Cull upgraded the rating for Portillos from Hold to Buy, while raising the price target from $13 to $16. The...
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McDonald's Q3 Earnings Preview: Trump Visit, E. Coli Outbreak In Focus, Analysts Highlight Global Scale, Franchise Strength
Monday, October 28, 2024 - 3:53pm | 1046Restaurant company McDonald's Corp (NYSE:MCD) has made plenty of headlines over the last two weeks with an appearance by Donald Trump at a restaurant and an E. coli outbreak at restaurants in the Western portion of the United States. Analysts and investors are bracing for the impact of these items...
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Starbucks Analysts Bullish On CEO Brian Niccol After Tough Preannouncement: 'Zeroing In' On Right Issues
Wednesday, October 23, 2024 - 1:37pm | 531Analysts are weighing in after Starbucks Corp. (NASDAQ:SBUX) on Tuesday reported worse-than-expected preliminary fourth-quarter results and suspended its guidance for 2025. The Details: In a surprise move, Starbucks reported preliminary results for the fourth quarter showing that it expects...
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McDonald's 'Well Positioned To Contain' E. Coli Outbreak: Analysts Say Impact Minimal Vs. Chipotle's 2015 Case
Wednesday, October 23, 2024 - 12:13pm | 841An E. Coli outbreak at multiple McDonald's Corporation (NYSE:MCD) restaurants is likely to have a minimal impact on the company's stock, analysts say after Tuesday's after-hours movement. So far, the outbreak led to 49 cases across 10 states with 10 hospitalizations and one death, according to the...
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Starbucks Explores Partnerships In China Where Same-Store Sales Are 'Not Good': 8 Analysts Provide Q3 Takeaways
Wednesday, July 31, 2024 - 11:20am | 1109Shares of Starbucks Corp (NASDAQ:SBUX) were climbing in early trading on Wednesday, despite the company reporting downbeat fiscal third-quarter sales. The results came amid an exciting earnings season. Here are some key analyst takeaways. Wedbush analyst Nick Setyan reiterated a Neutral rating,...
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Chipotle Addresses Negative Feedback On Portions, 9 Analysts Still Cut Forecasts After Better-Than-Expected Earnings Results
Thursday, July 25, 2024 - 11:36am | 1081Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) tanked in early trading on Thursday, after the company reported its second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs analyst Christine Cho reiterated a Buy rating, while...
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Starbucks Presents A 'Bitter Bean To Swallow': Analysts Cut Forecasts After FQ2 Results
Wednesday, May 1, 2024 - 1:40pm | 503Starbucks Corp (NASDAQ:SBUX) shares tanked in early trading on Wednesday, after the company reported a revenue and earnings miss. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Stifel On Starbucks Analyst Chris O’Cull maintained a Hold...
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Brinker International Playbook For Chili's 'Mirrors' Olive Garden, Popeyes, KFC: Analyst
Friday, September 29, 2023 - 12:20pm | 262Shares of Brinker International, Inc. (NYSE: EAT) were rising in early trading on Friday. The latest investor meetings with management highlighted progress with regarding Chili's turnaround efforts, according to Stifel. The Brinker International Analyst: Chris O'Cull upgraded the rating for...
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This Wingstop Analyst Is Turning Bullish: Net Unit Expansion Has 'Plenty Of Runway'
Tuesday, September 26, 2023 - 10:21am | 246Shares of Wingstop Inc (NASDAQ: WING) have been on an uptrend since the beginning of September. The Addison, Texas-based company appears poised to “successfully lap difficult comp comparisons” in the back half of 2023, as menu innovation, delivery channel growth, and marketing fund...
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Darden Restaurants 'Continues To Be Resilient': 5 Analysts Dive Deeper Into FQ1 Print, Outlook
Friday, September 22, 2023 - 12:03pm | 670Darden Restaurants, Inc. (NYSE: DRI) reported on Thursday an earnings beat, despite underwhelming fine dining sales. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Wedbush On Darden Restaurants Analyst Nick Setyan maintained an...
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Stifel Upgrades Darden Restaurants Amid Stock Selloff After CEO Announces May Retirement
Wednesday, December 22, 2021 - 12:11pm | 257Although Darden Restaurants, Inc’s (NYSE: DRI) stock came under pressure following the announcement of CEO Gene Lee's pending retirement in May 2022, investors may soon realize that his successor, Rick Cardenas, “can continue to guide the company on a similar strategic growth path,...
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Chipotle Mexican Grill Has A Following Wind Into 2021, Stifel Says In Upgrade
Wednesday, December 16, 2020 - 11:45am | 375Chipotle Mexican Grill, Inc. (NYSE: CMG) deserves credit for its "impressive" resiliency during the COVID-19 pandemic, and the casual fast food restaurant chain should benefit from recent momentum in 2021, according to Stifel. The Analyst: Chris O'Cull upgraded Chipotle Mexican Grill...
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Stifel Says Starbucks Will 'Grind Higher' To $90 Per Share
Tuesday, August 25, 2020 - 11:47am | 382Starbucks Corporation (NASDAQ: SBUX) remains one of the more "disrupted" restaurants but management deserves credit for implementing quick and aggressive steps to better position itself, according to Stifel. The Starbucks Analyst: Chris O'Cull upgraded Starbucks from Hold to Buy...
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Starbucks Analysts Stick To Sidelines After Q3 Print, Break Down COVID-19 Impact On Coffee Chain
Wednesday, July 29, 2020 - 12:43pm | 915Starbucks Corporation's (NASDAQ: SBUX) third-quarter report quantified the impact of the COVID-19 pandemic on the coffee chain. Starbucks said Tuesday that its fiscal third quarter revenue was down 38% year-over-year to $4.2 billion, and the company posted a net loss of $678.4 million...