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Yum Brands' Pending China Spinoff Likely To Overshadow Q3 Results
Friday, September 30, 2016 - 10:12am | 307Read More...Yum! Brands, Inc. (NYSE: YUM) is scheduled to report its Q3 results on October 5. The results are likely to be “of secondary import relative to the company’s outlook post the China spin,” Wells Fargo’s Jeff Farmer said in a report. He maintained a Market Weight rating on...
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Sector Headwinds Finally Catch Up To Cracker Barrel
Thursday, September 15, 2016 - 4:57pm | 292Read More...In a strong indication that softening casual dining trends have started to hurt Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL), the company guided FY17 restaurant same-store sales (SSS) to a range of 1–2 percent, which is below the restaurant's long-term target of 2–3 percent. "...
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Wells Fargo Sees Yum! Brands' Q2 EPS Above Street
Monday, July 11, 2016 - 1:09pm | 367Read More...Wells Fargo expects Yum! Brands, Inc. (NYSE: YUM) to report better-than-expected earnings when it reports its second quarter results on July 13. The brokerage expects EPS of $0.77 (+11 percent year-over-year, above Street at $0.74). It models 1 percent second quarter China same-store sales (SSS)...
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Chipotle Same-Store Sales Improvement Continues To Impress
Tuesday, March 8, 2016 - 9:57am | 187Read More...Wells Fargo’s Jeff Farmer maintained an Outperform rating for Chipotle Mexican Grill, Inc. (NYSE: CMG), after emergence of trends supporting a recovery in the company’s SSS. Proprietary checks in four cities - Boston, Chicago, New York and San Francisco - in the weeks of and...
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Wells Fargo's Farmer Upgrades Chipotle, Says History Shows Quick Comeback Is Possible
Wednesday, February 3, 2016 - 10:55am | 283Read More...Chipotle Mexican Grill, Inc (NYSE: CMG) shares have been trending south in the last three months, and have lost 25 percent since November 2. Wells Fargo Securities’ Jeff Farmer upgraded the rating for the company from Market Perform to Outperform. A study of previous food safety...
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Is Bojangles Stock Too Expensive?
Sunday, June 14, 2015 - 10:52am | 209Read More...In a report published Friday, Wells Fargo Securities analyst Jeff Farmer maintained a Market Perform rating on Bojangles Inc (NASDAQ: BOJA), after the company reported its 1Q results. The company reported 7.9 percent growth in its 1Q system same-store sales. While this was in-line with its...
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Is Bojangles A Buy After Earnings?
Friday, June 12, 2015 - 12:45pm | 415Read More...Bojangles Inc (NASDAQ: BOJA) reported its first quarter results on Thursday after market close. Wells Fargo: Same-Store Sales Impressive Jeff Farmer of Wells Fargo commented in a note that Bojangles' same-store sales gains of 7.9 percent were impressive despite being pre-released in early...
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Wells Fargo Turns Negative On Dunkin' Brands
Thursday, January 22, 2015 - 9:52am | 193Read More...Jeff Farmer of Wells Fargo on Thursday downgraded shares of Dunkin Brands Group Inc (NASDAQ: DNKN) to Market Perform from Outperform due to valuation concerns with an unchanged valuation range of $46 to $48. “We believe current valuation reflects the prospect for modest top and...
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UPDATE: Wells Fargo Initiates Coverage on Aramark, Establishes $28.00-29.00 Valuation Range
Tuesday, January 21, 2014 - 12:10pm | 210Read More...In a report published Tuesday, Wells Fargo analyst Jeff Farmer initiated coverage on Aramark (NASDAQ: ARMK) with an Outperform rating, establishing a $28.00-29.00 valuation range. According to the report, ARMK's revenue growth is expected to benefit from the combination of a sizeable structural...
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Jefferies Maintains Jamba (JMBA) Hold Rating
Thursday, May 27, 2010 - 9:13am | 154Read More...Jefferies & Company analysts Jeff Farmer, Imran Ali and Danielle Tierney maintained their Hold rating for shares of Jamba Inc (Nasdaq: JMBA), with a price target of $3 per share. The analysts noted that Jamba Inc has announced many licensing agreements over the last year and acknowledged the...
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Jefferies & Company Identifies Retail Names Offering Growth
Wednesday, March 31, 2010 - 10:04am | 203Read More...Jefferies & Company’s analysis of consumer discretionary companies finds that only 12 are “guiding to 10%+ unit growth in 2010 - and of those, just five are delivering positive SSS including Buffalo Wild Wings (NASDAQ: BWLD), Citi Trends (NASDAQ: CTRN), Ulta Salon, Cosmetics & Fragrance (...
