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Why Texas Roadhouse Could Be A Big Post-Shutdown Winner
Wednesday, May 20, 2020 - 3:06pm | 551Read More...Grocery food prices continue to rise, and this represents a potentially overlooked opportunity for restaurants like Texas Roadhouse Inc (NASDAQ: TXRH). The Texas Roadhouse Analysts Wedbush analyst Nick Setyan maintained an Outperform on Texas Roadhouse with an unchanged $73 price...
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3 Texas Roadhouse Analysts Agree: Wait For A Better Entry Point In Stock
Wednesday, February 20, 2019 - 11:27am | 709Read More...Steakhouse chain Texas Roadhouse Inc (NASDAQ: TXRH) reported fourth-quarter results Tuesday that were "somewhat mixed" despite a top-and-bottom-line beat, according to Stephens. The Analysts Stephens' Will Slabaugh maintains an Equal-weight rating on Texas Roadhouse stock...
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Perfectly Cooked: Wedbush Turns Neutral On Wingstop After 40% Stock Run
Monday, October 22, 2018 - 1:30pm | 468Read More...The bullish case for chicken wing restaurant chain Wingstop Inc (NASDAQ: WING) is based on expectations for outperformance across multiple metrics, but is overshadowed by the stock's lofty valuation, according to Wedbush. The Analyst Wedbush's Nick Setyan downgraded Wingstop from...
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Deutsche Bank Loses Appetite For Hostess Brands, Dean Foods
Monday, May 14, 2018 - 11:05am | 589Read More...Deutsche Bank analysts lost their appetite for two food companies Monday, including Twinkies maker Hostess Brands Inc (NASDAQ: TWNK) and major conglomerate Dean Foods Co (NYSE: DF). The Analyst Deutsche Bank's Rob Dickerson downgraded Hostess Brands' stock rating from Buy to Hold...
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Smart & Final Stores' Q4 Beat Overshadowed By Poor Guidance
Thursday, March 15, 2018 - 12:30pm | 390Read More...Smart & Final Stores Inc (NYSE: SFS), a food retailer that sells fresh perishables and everyday grocery items, reported its fourth quarter results that exceeded Wall Street's expectations but a disappointing outlook prompted a downgrade. The Analyst Loop Capital Markets' Andrew...
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3 Restaurants These Analysts No Longer Have An Appetite For
Tuesday, September 26, 2017 - 1:43pm | 470Read More...Analysts at Wedbush took a deep dive into the restaurant industry to gain a better understanding of recent trends. During the second quarter, the quick-service restaurant sub-sector realized a 1.6-percent growth rate, fast casual was down by 0.1 percent and casual dining performed the worst and...
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Bring Back Our Growth: United Natural Foods Serves Up Q4 Beat
Thursday, September 14, 2017 - 11:14am | 806Read More...United Natural Foods, Inc. (NASDAQ: UNFI)'s earnings report Wednesday prompted a more than 10-percent rally in the stock by Thursday morning, but were the results good enough to impress Wall Street analysts? Bank Of America: Risks Ahead Bank of America's Marisa Sullivan maintains an Underperform...
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Has Kroger Shelved Its Sales Struggles? A Q2 Preview
Tuesday, September 5, 2017 - 10:12am | 478Read More...The grocery sector changed nearly overnight after Amazon.com, Inc. (NASDAQ: AMZN) entered the space through its acquisition of Whole Foods Market, Inc. Needless to say, investors are forgiven if they are nervous heading into Kroger Co (NYSE: KR)'s second-quarter earnings report on Friday....
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Kroger's CFO Talks Food Deflation
Thursday, March 2, 2017 - 12:35pm | 337Read More...Shares of Kroger Co (NYSE: KR) were trading lower by more than 3 percent on Thursday despite the company's fourth-quarter report containing a top- and bottom-line beat. However, the grocer's guidance for the first quarter came in light and the company also cited deflationary concerns. Kroger's...
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Wedbush Previews Q3 Earnings In Restaurant Group: Likes Panera And Starbucks, But Cautious On Buffalo Wild Wings And Chipotle
Friday, October 16, 2015 - 10:59am | 376Read More...Nick Setyan of Wedbush previewed the Restaurant sector ahead of operators reporting their quarterly results. Setyan favors Panera Bread Co (NASDAQ: PNRA) and Starbucks Corporation (NASDAQ: SBUX). Setyan is cautious on Buffalo Wild Wings (NASDAQ: BWLD) and Chipotle Mexican Grill, Inc. (...
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Deflation Could Be Coming To Casual Dining
Monday, September 28, 2015 - 3:08pm | 553Read More...Andrew Strelzik, BMO Capital Markets' restaurants analyst, sees food costs turning deflationary in 2016. Promotional activity could increase to "boost" comps, given the "margin cushion" from lower food costs. However, a more promotional environment has not benefited comp trends from a historical...
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Feltl Upgrades Diversified Restaurant Holdings Following 'Much Better' Than Expected Q1
Friday, May 8, 2015 - 10:53am | 258Read More...In a report published Friday, Feltl and Company analyst Mark Smith upgraded shares of Diversified Restaurant Holdings, Inc (NASDAQ: BAGR) to Strong Buy from Buy with an unchanged $6.50 price target following the company's "much better" than expected first quarter results. Smith noted that the...
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RBC Expects To See 'Outsized' EPS Growth At Chipotle Ahead Of Next Week's Q1 Results
Monday, April 13, 2015 - 9:54am | 246Read More...In a report published Monday, RBC Capital Markets analyst David Palmer offered a preview of Chipotle Mexican Grill, Inc. (NYSE: CMG)'s upcoming first quarter earnings report. Palmer estimated Chipotle to report same-store sales growth of 12 percent while earning $3.77 per share on revenue of $1....
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Bank Of America Says Chipotle Mexican Grill Had Strong Quarter, Lowers Estimates
Wednesday, February 4, 2015 - 8:58am | 261Read More...Joseph Buckley of Bank of America on Wednesday commented on Chipotle Mexican Grill, Inc.'s (NYSE: CMG) fourth-quarter results. Chipotle Mexican Grill earned $3.84 in the quarter, falling short of Buckley's estimates of $3.90. The company's same-store sales gains of 16.1 percent also...
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Wunderlich: Better Macro Trends Supports 2015 Restaurant Outlook
Wednesday, December 10, 2014 - 9:22am | 242Read More...Robert Derrington of Wunderlich Securities commented in a note on Wednesday that restaurant industry sales trends are poised for some of the strongest monthly gains in recent memory which bodes well for the group's 2015 outlook. According to Derrington, an improving U.S. macro backdrop along with...
