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Starbucks Q4 Earnings Highlights: Revenue And EPS Beat, The China Impact And More
Thursday, November 3, 2022 - 4:32pm | 481Starbucks Corporation (NASDAQ: SBUX) reported fourth-quarter and full fiscal year results after the market close Thursday. Here are the key highlights. What Happened: Starbucks reported fourth-quarter revenue of $8.41 billion, up 3% year-over-year. The revenue total beat a Street estimate of $8.31...
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If You Invested $1000 In McDonalds Stock When Happy Meal Was Launched, Here's How Much You'd Have Now
Saturday, October 22, 2022 - 7:53pm | 618Fast food giant McDonald’s Corp (NYSE: MCD) is one of the largest restaurant companies in the world. Launching in 1940, the company set many standards and firsts for the industry, including the launch of an item in 1979 that transformed the fast food market. What Happened: The first McDonald...
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Happy Meals For Adults Coming To McDonald's, Here's How Kanye West Could Be Involved
Wednesday, September 28, 2022 - 3:25pm | 807A top food item geared to children is getting an upgrade to appeal to adults in a move by one of the largest fast food companies in the world. What Happened: The Happy Meal was launched worldwide by McDonalds Corporation (NYSE: MCD) in 1979. It has been known over the years as a favorite for...
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Are You Noticing Fewer Potato Chips In The Bag? What About Doritos? How PepsiCo Fights Inflation
Thursday, July 14, 2022 - 11:33am | 567The owner of a large portfolio of snack brands that includes Lay's Potato Chips may have admitted that consumers really are seeing fewer chips in a bag due to inflation. What Happened: Beverage and food company PepsiCo (NYSE: PEP) reported second-quarter earnings Tuesday before market close....
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Snack On This: Twinkies Has A New 'Coin,' But It's Not Actually Cryptocurrency
Wednesday, July 13, 2022 - 5:57pm | 497Capitalizing on the rise of the number of cryptocurrencies that use the word coin, a snack food company is launching a limited-edition product that highlights this. What Happened: Hostess Brands Inc (NASDAQ: TWNK) launched special-edition circular Twinkies called “$TWINKcoin.” As...
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Strong Fundamentals But Valuation High: Why Analysts Are On The Sidelines Of Pepsi Stock
Wednesday, July 13, 2022 - 12:10pm | 510Beverage and snack food company PepsiCo, Inc. (NYSE: PEP) reported second-quarter financial results before market open Tuesday. Analysts weighed in on the earnings report and how they see inflation and future investments playing out for Pepsi. The Pepsi Analysts: Credit Suisse analyst...
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Why DoorDash Is More Than A COVID Story, Still In Early Innings: 3 Analysts React To Q1 Earnings
Friday, May 6, 2022 - 4:05pm | 503Food delivery company DoorDash Inc (NYSE: DASH) reported quarterly earnings Thursday after the market close. Here’s what analysts had to say about the company’s latest earnings report. The DoorDash Analysts: Morgan Stanley analyst Brian Nowak has an Equal Weight rating on DoorDash and a...
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4 Starbucks Analysts On Q2 Earnings: Brewing China Concerns, Strong US Demand And More
Wednesday, May 4, 2022 - 11:53am | 600Starbucks shares were rallying Wednesday after the coffee chain reported a second-quarter sales beat. The quarter was helped by strong growth and momentum in the North American segment. The big headwind facing the company is the impact of the China region, which analysts highlighted after the...
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Pepsi Wants You To Put Orange Juice On Your Cereal
Monday, May 2, 2022 - 2:59pm | 409One of the biggest breakfast debates of all-time is whether you put your milk in the bowl before or after adding cereal. Beverage brand Tropicana might have a way to one-up that debate. What Happened: To coincide with National Orange Juice Day on May 4, Tropicana is offering a new cereal called...
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Chipotle Can Navigate Food Cost Concerns, Menu Price Increases: 4 Analysts React To Earnings Report
Wednesday, April 27, 2022 - 5:25pm | 488Rising food costs, menu price increases and store growth were the big topics highlighted by analysts who cover restaurant company Chipotle Mexican Grill, Inc. (NYSE: CMG). Here are the key analyst takeaways. The Chipotle Analysts: Morgan Stanley analyst John Glass had an Overweight...
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5 Companies That Could Beat Earnings Estimates This Week: Rite Aid, BlackBerry And More
Monday, December 20, 2021 - 6:45pm | 919The shortened holiday week will see less public offerings and earnings from public companies. The week can still bring plenty of trading opportunities with headlines and catalysts. Several public companies are still reporting earnings this week, which could be worth putting on investors’...
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5 Food Stocks To Watch Ahead Of This Week's Earnings: DoorDash, Wendy's And More
Monday, November 8, 2021 - 7:46pm | 964The COVID-19 pandemic has been a business-changing event for the restaurant industry and food-related businesses. With the reopening trade providing a lift to some businesses, food stocks could be under watch this week with some that saw business boosts during the pandemic and some that had harder...
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5 Stocks For Halloween: Will They Be Tricks Or Treats?
Friday, October 29, 2021 - 5:20pm | 1025Halloween will be celebrated on Sunday and could see significant changes from the 2020 event in the middle of a COVID-19 pandemic that saw many cancel parties and plans to trick or treat. Here’s a look at what the data is pointing to for 2021 Halloween spending and five stocks to keep on...
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Domino's Is Doing Just Fine Amid Bruising Delivery War
Friday, February 21, 2020 - 3:03pm | 824The stock of Domino's Pizza (NYSE: DPZ) broke out 25 percent on Thursday, hitting a record high with quite a dramatic style. The pizza chain has managed to beat fourth-quarter forecasts and hike its dividend despite a delivery war raging across the restaurant industry. Fourth Quarter...
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Hershey's Earnings: Sweet Treat Or Sour Candy?
Friday, October 25, 2019 - 12:26pm | 603Hershey Co (NYSE: HSY) reported mixed third-quarter results and lifted part of its full-year outlook. The Analysts BMO Capital Markets analyst Kenneth Zaslow maintained a Market Perform rating on Hershey stock with a price target lifted from $133 to $138. Bank of America Merrill...