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4 Analysts On Dunkin'-Inspire Brands M&A Deal: 'Solid Price'
Monday, November 2, 2020 - 11:39am | 750Read More...Coffee chain Dunkin Brands Group Inc (NASDAQ: DNKN) confirmed Friday evening that it struck deal to sell itself to Inspire Brands for $106.50 per share. The Street's mostly supportive of the deal — and questioning whether it signals further M&A deals ahead in the restaurant...
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The Street Reacts To Chipotle's Q3 Earnings: Costs Heading 'In The Right Direction'
Thursday, October 22, 2020 - 12:46pm | 804Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) reported third-quarter results highlighted by a strong 14.1% sales growth but soaring demand for delivery is impacting profits. Chipotle reported quarterly earnings of $3.76 per share, which beat the analyst consensus estimate of $3.40 by 10.6%. The...
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Starbucks Analysts Stick To Sidelines After Q3 Print, Break Down COVID-19 Impact On Coffee Chain
Wednesday, July 29, 2020 - 11:43am | 915Read More...Starbucks Corporation's (NASDAQ: SBUX) third-quarter report quantified the impact of the COVID-19 pandemic on the coffee chain. Starbucks said Tuesday that its fiscal third quarter revenue was down 38% year-over-year to $4.2 billion, and the company posted a net loss of $678.4 million...
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The Street Debates McDonald's Comeback
Wednesday, June 17, 2020 - 3:25pm | 763Read More...McDonald's Corp (NYSE: MCD) announced Tuesday a business update consisting of its same-store sales performance in April and May and COVID-19-related commentary. Here is a summary of how some of the Street's top analysts reacted to the report. The Analysts BTIG analyst Peter Saleh maintains...
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7 Starbucks Analysts On How The Coffee Giant Is Weathering A Pandemic
Wednesday, April 29, 2020 - 2:29pm | 1160Read More...Global coffee chain Starbucks Corporation (NASDAQ: SBUX) reported second-quarter results Tuesday that were notable for the disruption to its business from the coronavirus pandemic. Here's how the Street reacted. The Starbucks Analysts Oppenheimer analyst Brian Bittner maintained...
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3 Expert Reactions To Chipotle's Q1 Print
Wednesday, April 22, 2020 - 3:27pm | 629Read More...Chipotle Mexican Grill, Inc.'s (NASDAQ: CMG) first-quarter results earned praise from analysts and investors, as the stock traded higher by more than 12%. Chipotle reported quarterly earnings of $3.08 per share, which beat the analyst consensus estimate of $2.90. The company reported quarterly...
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Morgan Stanley Recommends Domino's, McDonald's As Restaurant Plays Amid Coronavirus Scare
Wednesday, March 11, 2020 - 2:29pm | 427Read More...Coronavirus-related concerns and its impact on the restaurant industry can't be determined right now, but investors looking to flee to safer names should pick Domino's Pizza, Inc. (NYSE: DPZ) and McDonald's Corp (NYSE: MCD), according to Morgan Stanley. The Analyst John Glass comments...
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Wall Street Weighs Starbucks Coronavirus Guidance Update: 'A Little Good, A Little Bad'
Friday, March 6, 2020 - 2:54pm | 867Read More...Starbucks Corporation (NASDAQ: SBUX) provided its investors with an update on its business Thursday in the wake of the global coronavirus outbreak, and the picture wasn’t pretty. Starbucks said it is expecting a 50% drop in China revenue in the first quarter due to the outbreak. Temporary...
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What The Street Thinks About Shake Shack's Q4 Print, Stock Drop
Tuesday, February 25, 2020 - 2:13pm | 826Read More...Shake Shack Inc (NYSE: SHAK) reported fourth-quarter results that fell short of expectations. Management acknowledged it suffered from a "significant slowdown" in its growth business, which contributed to the stock's sell-off. Shake Shack reported quarterly earnings of 6 cents per...
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The Street Debates Starbucks' Quarter
Wednesday, January 29, 2020 - 4:32pm | 625Read More...Starbucks Corporation (NASDAQ: SBUX) reported Tuesday fiscal first-quarter results taht were overshadowed by the concerning coronavirus spread in China where the company has a big presence. The Street attempted to look past any near-term concern to better understand if the stock should be bought at...
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Sell-Side Digests Shake Shack's Earnings, Guidance
Tuesday, November 5, 2019 - 12:10pm | 570Read More...Shake Shack Inc (NYSE: SHAK) on Monday reported third-quarter results, leading to a 20% stock drop but some analysts continue to like the stock. The Analysts Wedbush analyst Nick Setyan maintains a Neutral rating on Shake Shack's stock with a price target lowered from $84 to $75. Morgan Stanley...
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The Street Debates What's Next For Chipotle
Wednesday, October 23, 2019 - 10:45am | 575Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) reported third-quarter results that exceeded expectations, highlighted by better-than-expected same-store sales growth of 11% versus 9% expected and an increase in net income from $38.2 million last year to $98.6 million. Flawless Quarter Chipotle's...
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Wall Street Takes A Bite Out Of McDonald's Quarter
Wednesday, October 23, 2019 - 8:29am | 544Read More...McDonald'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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Despite Lackluster Quarter, Sell-Side Says Domino's Will Eventually Beat Back New Third-Party Delivery Competition
Wednesday, October 9, 2019 - 11:19am | 627Read More...Domino’s Pizza, Inc. (NYSE: DPZ) was in the delivery business before delivery was so cool, and it will withstand the current onslaught of new food delivery companies, analysts said as they kept bullish ratings intact despite mixed third-quarter results. The Analysts Wedbush analyst Nick...
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The Street Agrees: Shake Shack Delivered Tasty Q2, But Valuation Is Full
Tuesday, August 6, 2019 - 12:34pm | 591Read More...Shake Shack Inc (NYSE: SHAK) delivered second-quarter results that came in notably above expectations but few analysts find the valuation attractive at current levels. The Analysts Barclays' Jeffrey Bernstein maintains a Neutral rating on Shake Shack with a $70 price target. Morgan Stanley'...
