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Jack In The Box's New Prototype Store May Be A Sign Of Things To Come In Fast Food
Tuesday, October 18, 2022 - 3:12pm | 276Jack In The Box (NASDAQ: JACK) has introduced its new off-premise-only restaurant prototype with the opening of a new location in Tulsa, Oklahoma. The prototype is designed to meet the increasing demand for drive-thru service and digital ordering. At 1,350 square feet, the restaurant...
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Wall Street Takes A Bite Out Of McDonald's Quarter
Wednesday, October 23, 2019 - 9:29am | 544McDonald's Corp (NYSE: MCD) reported third-quarter results, which disappointed investors across multiple metrics. The stock fell about $10 per share Tuesday to close at $199.27. Here is a summary of how some of the Street's top analysts reacted to the print. Morgan Stanley: Key Takeaways...
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Wedbush Remains A Del Taco Bull Despite Disappointing Quarter
Tuesday, October 22, 2019 - 4:56pm | 355Mexican-American quick service restaurant chain Del Taco Restaurants Inc (NASDAQ: TACO) reported disappointing third quarter results Monday afternoon which could result in a "realistic bar" moving forward, according to Wedbush. The Analyst Wedbush analyst Nick Setyan maintains an...
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MKM On McDonald's: The Future Is Now
Tuesday, August 13, 2019 - 2:51pm | 426McDonald's Corp's (NYSE: MCD) ongoing investments in its business has successfully resulted in bringing the future of the business to the market today, according to MKM. The Analyst MKM Partners analyst Brett Levy initiated coverage of McDonald's with a Buy rating and $250 price target...
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Stifel Sees Reboot Opportunity For Chipotle, Upgrades From Sell To Hold
Tuesday, February 20, 2018 - 2:12pm | 389While Chipotle Mexican Grill, Inc. (NYSE: CMG)'s traffic has declined and its margins deterioriated, recent management changes and turnaround initiatives could pave the way for a much-needed reboot, according to Stifel. The Analyst Chris O’Cull of Stifel upgraded Chipotle from Sell to...
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Will Short Sellers Hang On To Restaurant Brands International?
Friday, September 8, 2017 - 9:13am | 480Credit Suisse and other analysts are bullish on this restaurant operator. Yet short sellers have been betting heavily against the stock. Its share price has seesawed in the past few weeks. Credit Suisse found reason to be bullish on Restaurant Brands International Inc (NYSE: QSR). Hence...
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2 'New Age' Restaurant Stocks Stifel Analysts Are Buying
Friday, August 28, 2015 - 9:02am | 494One of the fastest growing trends within the restaurant sector is the emergence of "casual fast food" chains. The problem for investors is that there are many options to chose from. Paul Westra of Stifel offered investors two names to consider investing in: El Pollo LoCo Holdings Inc...
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Southern Concepts CEO Mitch Roth On Why Investing In Fast Casual Makes Sense
Saturday, May 16, 2015 - 9:28am | 1375With some reports indicating fast casual growth is slowing down, investors are left to wonder whether the once hot sector has suddenly become lukewarm. Southern Concepts Restaurant Group (OTC: RIBS) CEO, Mitch Roth told Benzinga why he thinks fast casual in general and his company’s...
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Red Robin Gourmet Burgers Shows 'Significant Upside Potential,' Jefferies Notes
Tuesday, February 17, 2015 - 1:55pm | 249In a report published last Friday, Jefferies analyst Alexander Slagle wrote that Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) demonstrated continued same-store sales momentum in the fourth quarter. Slagle noted that July and August's trends were weak, but same-store sales bounced back in...
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BofA Just Reacted To McDonald's Sales Decline (And Made A Special Note On China)
Tuesday, February 10, 2015 - 10:26am | 351In a new note, Joseph Buckley of Bank of America commented on McDonald's Corporation (NYSE: MCD)'s January global same-store sales decline of 1.8 percent, and said it was in-line with expectations. Within the Americas, Buckley notes that the 0.4 percent comp gain was an improvement over...