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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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Pepsi Fights Back Against Shrinkflation: Why Your Chip Bags Will Be Fuller In The Future
Wednesday, October 16, 2024 - 5:58pm | 476In a marked reversal, PepsiCo Inc. (NASDAQ:PEP) says it will be adding more chips to some bags in a move designed to lure consumers who have grown tired of "shrinkflation." The Details: According to a CNN report, the largest snack manufacturer in the U.S. will fight back against the trend of...
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Not Paying Your Bills? Wall Street Worries That Too Many Credit Card Balances Are Turning Delinquent
Tuesday, September 17, 2024 - 2:46pm | 555Stocks held by consumer-lending firms fell last week after Wall Street executives warned of lower-income borrowers’ struggling to pay bills. What Happened: Banking executives at a recent Barclays conference in New York noted how delinquencies are on the rise, the Wall Street Journal reported...
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Chipotle CEO Brian Niccol Jumps Ship To Starbucks, 6 Analysts Weigh Implications: 'Undeniable Victory'
Wednesday, August 14, 2024 - 2:34pm | 1137The surprise departure of Chipotle Mexican Grill Inc (NYSE:CMG) chairman and CEO Brian Niccol sent shockwaves across the restaurant industry. Analysts seem to agree Starbucks Corp (NASDAQ:SBUX) is the clear winner, but Chipotle remains in good hands. What Happened: Chipotle announced...
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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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Domino's Plans To Cut Store Openings 'Come As A Surprise': Analyst
Saturday, July 20, 2024 - 9:16am | 529Domino’s Pizza, Inc.’s (NYSE:DPZ) plans to cut back on opening new stores has caught analysts off guard, given its solid performance in the quick-service restaurant industry. The Michigan-based pizza giant has lowered its guidance for new store openings worldwide to 825 to 925 locations...
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Ethereum ETF Approval To Spur 'A Basket Of Crypto Tokens Within A Year,' Says TD Cowen
Monday, May 27, 2024 - 1:05am | 470The approval of spot Ethereum (CRYPTO: ETH) ETF products may spur the creation of more cryptocurrency-linked investment funds in the near future, according to investment bank TD Cowen. What Happened: TD Cowen‘s Washington Research Group viewed the approval of Ether ETFs as a marquee event,...
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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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Domino's Pizza Succeeds In Driving More Traffic: Analysts Revise Forecasts After Q1 Results
Tuesday, April 30, 2024 - 12:27pm | 744Domino’s Pizza Inc (NYSE:DPZ) shares were climbing Tuesday after the company reported better-than-expected first-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. BMO Capital Markets On Domino’s Pizza Analyst Andrew...
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Chipotle Mexican Grill Is In A 'League Of Their Own': 7 Analysts Revise Forecasts After Q1 Results
Thursday, April 25, 2024 - 12:13pm | 889Chipotle Mexican Grill, Inc. (NYSE:CMG) shares were climbing in early trading on Thursday, after the company reported higher-than-expected sales and earnings for its first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. TD Cowen On...
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Loss Of Investor Appetite Justified? McDonald's Analysts Dig Into Q4 Print: 'We Are Pleased'
Monday, February 5, 2024 - 12:13pm | 340Shares of McDonald's Corp (NYSE: MCD) slipped in premarket trading on Monday, after the company reported mixed results for the fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Stephens analyst Joshua Long maintained an...
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Starbucks Fails To Serve Hot Results, Brewing Analyst Concerns Over China Sales, Boycott Effects
Wednesday, January 31, 2024 - 1:16pm | 628Shares of Starbucks Corp (NASDAQ: SBUX) were trading lower on Wednesday after the company reported its first-quarter results short of expectations. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Wedbush On Starbucks Analyst Nick Setyan...
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In 2024 Minor Cannabinoids And THC Beverages Expected To Boom: Industry Experts Look At Coming Year In Cannabis
Wednesday, December 27, 2023 - 1:17pm | 1445With another year behind us with no federal legalization of marijuana and no approval of the SAFE Banking Act, the industry’s biggest problem remains the lack of access to capital. What will happen in 2024? Are we any closer to either of these reforms? At first glance it...
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Cannabis Vs. Alcohol: Wall Street Analyst-Led Research Shows $29B Cannabis Surge, 18M New Users
Monday, December 18, 2023 - 5:01pm | 719A new report by TD Cowen analyst Vivien Azer unveils a shift in consumer behavior, spotlighting the clash between legal cannabis and alcohol sales. "Alcohol sales in legal cannabis states underperformed by 100-150 bps over the past five years," revealed Azer. See Also: As Cannabis...
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Nvidia's Bullish Outlook: Analyst Predicts 50% Stock Gain To Reach $700
Thursday, October 12, 2023 - 4:06am | 495Analysts at TD Cowen assert that the Nvidia Corporation (NASDAQ:NVDA) stock still has significant growth potential, following a revision of their price target on the semiconductor firm. As reported by Barron’s, the analyst team led by Matthew Ramsay upheld their...