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Wendy's Analysts Break Down Q1 Beat: 'Further Upside Exists'
Thursday, May 13, 2021 - 4:08pm | 500Wendy’s Co (NASDAQ: WEN) shares traded higher Thursday after the company reported impressive first-quarter earnings and raised its full-year guidance. For the first quarter, Wendy’s reported adjusted EPS of 20 cents on revenue of $460.2 million. Both numbers exceeded consensus analyst...
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Chipotle Stock Falls After Q4 Print: Should Investors Buy The Dip?
Wednesday, February 3, 2021 - 1:35pm | 938Casual restaurant chain Chipotle Mexican Grill, Inc. (NYSE: CMG) reported Tuesday with fourth-quarter results that prompted a 3% selloff in shares by Wednesday morning. Here's how the Street reacted to the print. The Chipotle Mexican Grill Analysts Raymond James analyst Brian Vaccaro...
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Is Now The Time To Buy Starbucks Stock? 6 Analysts Weigh In On Drop
Wednesday, January 27, 2021 - 5:51pm | 880Starbucks Corporation (NASDAQ: SBUX) reported Tuesday afternoon with mixed fiscal first-quarter results highlighted by a 5% U.S. same-store sales decline. The coffee chain posted a revenue miss, but EPS beat. Here's how six Starbucks sell-side analysts reacted to the print. The Starbucks...
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What To Make Of Darden's Earnings Report
Monday, December 21, 2020 - 12:30pm | 635Darden Restaurants, Inc. (NYSE: DRI) reported mixed fiscal second-quarter results and analysts are mixed on the Olive Garden parent company's outlook. The Analyst: Wedbush analyst Nick Setyan maintains a Neutral rating on Darden's stock with a price target lifted from $115 to...
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4 McDonald's Analysts On Q3 Beat, Golden Arches Analyst Day
Tuesday, November 10, 2020 - 4:42pm | 771Global fast food giant Mcdonald's Corp (NYSE: MCD) reported third-quarter results Monday and laid out a vision of its future. The McDonald's Analysts Stephens analyst James Rutherford maintains an Overweight rating on McDonald's with an unchanged $250 price target. Raymond...
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4 Analysts On Dunkin'-Inspire Brands M&A Deal: 'Solid Price'
Monday, November 2, 2020 - 12:39pm | 750Coffee chain Dunkin Brands Group Inc (NASDAQ: DNKN) confirmed Friday evening that it struck deal to sell itself to Inspire Brands for $106.50 per share. The Street's mostly supportive of the deal — and questioning whether it signals further M&A deals ahead in the restaurant...
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The Street Reacts To Chipotle's Q3 Earnings: Costs Heading 'In The Right Direction'
Thursday, October 22, 2020 - 1:46pm | 804Chipotle Mexican Grill, Inc. (NYSE: CMG) reported third-quarter results highlighted by a strong 14.1% sales growth but soaring demand for delivery is impacting profits. Chipotle reported quarterly earnings of $3.76 per share, which beat the analyst consensus estimate of $3.40 by 10.6%. The...
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Papa John's Vs. Domino's: KeyBanc's Pizza Stock Battle
Thursday, October 1, 2020 - 3:10pm | 497Investors looking for exposure to one pizza takeout name may want to consider Papa John's Int'l, Inc. (NASDAQ: PZZA) over Domino's Pizza, Inc. (NYSE: DPZ), at least according to KeyBanc. The Analyst: Eric Gonzalez initiated coverage of Papa John's with an Overweight rating and...
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Dunkin' Brands Analyst Says Q2 Positives Outweigh The Negatives
Friday, July 31, 2020 - 12:35pm | 283Dunkin Brands Group, Inc. (NASDAQ: DNKN) continues to perform well during the pandemic, although some bears are highlighting elevated expectations and unexpected store closures, according to KeyBanc Capital Markets. The Dunkin’ Analyst: Eric Gonzalez reiterated an Overweight rating on...
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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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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...
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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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KeyBanc Downgrades Starbucks Amid Slower Recovery
Thursday, June 11, 2020 - 11:27am | 299Starbucks Corporation (NASDAQ: SBUX) may deliver a slower same-store sales and earnings recovery than was previously anticipated and versus its peers, according to KeyBanc Capital Markets. The Starbucks Analyst: Eric Gonzalez downgraded Starbucks from Overweight to Sector Weight. The Starbucks...
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KeyBanc Says It's Time To Make The Donuts, Upgrades Dunkin Brands On Valuation, Accelerating Momentum
Monday, June 8, 2020 - 11:31am | 419Fast food chain Dunkin Brands Group Inc (NASDAQ: DNKN) deserves credit for executing well during the COVID-19 pandemic, and the momentum should continue as more states reopen their economies, according to KeyBanc Capital Markets. The Dunkin Analyst: Eric Gonzalez upgraded Dunkin Brands Group from...
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3 Expert Reactions To Chipotle's Q1 Print
Wednesday, April 22, 2020 - 4:27pm | 629Chipotle Mexican Grill, Inc.'s (NASDAQ: CMG) first-quarter results earned praise from analysts and investors, as the stock traded higher by more than 12%. Chipotle reported quarterly earnings of $3.08 per share, which beat the analyst consensus estimate of $2.90. The company reported quarterly...