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Argus: Darden Restaurants Among 'Best-Managed' Dining Names
Thursday, December 21, 2017 - 4:44pm | 391Read More...Darden Restaurants, Inc. (NYSE: DRI) beat consensus estimates Dec. 19 with its second-quarter EPS of 73 cents and sales of $1.88 billion. The Analyst Argus' John Staszak upgraded Darden Restaurants from Hold to Buy with a price target of $108. The Thesis Darden's initiatives...
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Maxim Urges Investors To Start A New Habit
Wednesday, December 13, 2017 - 12:56pm | 382Read More...Some habits can’t be broken — even amid competitive threats from McDonald’s Corporation (NYSE: MCD) or Shake Shack Inc (NYSE: SHAK). Habit Restaurant Inc (NASDAQ: HABT) earned the endorsement of Maxim Wednesday in light of potential changes to the fast-casual burger chain...
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Shake Shack Back In Flavor? Morgan Stanley Upgrades
Thursday, December 7, 2017 - 10:20am | 395Read More...Shares of Shake Shack Inc (NYSE: SHAK) soared in the weeks following its 2015 IPO, but the stock has since lost all momentum and continues to trade below $45.90, which marks the closing price on its first day of trading. The Analyst Morgan Stanley's John Glass upgraded Shake Shack's stock...
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Dave & Buster's Challenges Persist, But Jefferies Says Its Valuation Can't Be Ignored
Wednesday, December 6, 2017 - 11:41am | 403Read More...Dave & Buster's Entertainment, Inc. (NASDAQ: PLAY)'s Tuesday earnings report will likely reinvigorate the bull versus bear debate, as some bulls highlight the stock's depressed valuation while bears point to multiple disappointing metrics. The Analyst Jefferies' Andy...
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Are Restaurants Safe From The Amazon Effect?
Thursday, November 30, 2017 - 1:12pm | 1147Read More...For every $1 a consumer spends online, it's $1 less that a company like Amazon.com, Inc. (NASDAQ: AMZN) collects and one less dollar spent in malls. While the immediate impact to retailers and department stores is apparent, investors aren't necessarily appreciating the negative impact to...
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An Early Wall Street Reaction To Chipotle's CEO Announcement
Wednesday, November 29, 2017 - 2:44pm | 423Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) confirmed Wednesday morning that it has decided to search for a new CEO to replace the company's founder Steve Ells. The Analyst Oppenheimer's Brian Bittner maintains a Perform rating on Chipotle's stock. The Thesis Chipotle's decision to...
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After Arby's Offer, Could Buffalo Wild Wings Receive A Competing Bid?
Tuesday, November 28, 2017 - 1:27pm | 392Read More...Buffalo Wild Wings (NASDAQ: BWLD) agreed Tuesday to accept a $157-per-share buyout offer from Arby's Restaurant Group, which is controlled by the private equity investment firm Roark Capital Group. It has yet to be seen if a competing bid will be presented to acquire the chicken wing restaurant...
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More Meats: Arby's To Merge With Buffalo Wild Wings
Tuesday, November 28, 2017 - 9:12am | 616Read More...Struggling restaurant chain Buffalo Wild Wings (NASDAQ: BWLD) saw its stock dip below the $100 per share earlier this year, but was thrown a lifeline in the form of a takeout offer. What You Need To Know Roark Capital, a private equity investment firm that owns various restaurant chains including...
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Buffalo Wild Wings Takeout Bid Limits Upside From Here; Deutsche Bank Downgrades Stock
Friday, November 17, 2017 - 11:45am | 423Read More...Private equity firm Roark Capital is reportedly interested in acquiring Buffalo Wild Wings (NASDAQ: BWLD), but there has been no confirmation of a deal or any indication if talks are ongoing. The Analyst Deutsche Bank's Brett Levy downgraded Buffalo Wild Wings' stock from Buy to Hold with...
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The Sell-Side Take On B-Dubs Buyout Rumors
Tuesday, November 14, 2017 - 4:56pm | 849Read More...Shares of Buffalo Wild Wings (NASDAQ: BWLD) surged higher by 25 percent Tuesday after The Wall Street Journal reported the restaurant could be acquired by Roark Capital Group, a private equity firm, for more than $2.3 billion, or around $150 per share. Here's how some of Wall Street's top...
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Can Private Equity Interest Revitalize Buffalo Wild Wings?
Tuesday, November 14, 2017 - 10:00am | 438Read More...Buffalo Wild Wings (NASDAQ: BWLD) received a takeout offer of around $150 per share from private equity group Roark Capital. The offer would give some investors who bought the stock ahead of the third quarter earnings report a hefty return but would leave some longer-term shareholders with a loss,...
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6 Analysts' First Impressions Of B-Dubs' Q3
Thursday, October 26, 2017 - 12:36pm | 1341Read More...Buffalo Wild Wings (NASDAQ: BWLD)'s third-quarter earnings report Wednesday has investors convinced that the casual fast-food company's outlook at the very least is brighter today than it was just last week. But is Wall Street equally convinced? Barclays: Imagine The Growth When Comps...
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Can New Promotions Rescue Buffalo Wild Wings?
Thursday, October 26, 2017 - 8:43am | 666Read More...Throughout most of 2017, shares of Buffalo Wild Wings (NASDAQ: BWLD) faced heavy selling pressures amid a heightened promotional environment, rising chicken wing prices and an activist campaign that resulted in the resignation of its CEO Sally Smith. But shares of Buffalo Wild Wings were trading...
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Chipotle Fails To Live Up To Even The Lowest Of Expectations
Wednesday, October 25, 2017 - 8:27am | 449Read More...Heading into Tuesday's earnings report, expectations for Chipotle Mexican Grill, Inc. (NYSE: CMG) were quite low but the company still disappointed investors based on the stock's 10 percent decline. In fact, Wall Street's consensus EPS estimate fell from $1.75 three weeks ago to $1.62...
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Analyst: Plenty To Be Encouraged About In McDonald's Q3 Report
Tuesday, October 24, 2017 - 11:26am | 333Read More...Investors have plenty of reasons to be encouraged by McDonald's Corporation (NYSE: MCD)'s third-quarter earnings report, according to Morningstar's senior analyst R.J. Hottovy. Perhaps the most notable aspect of McDonald's earnings report was a 4.1 percent growth in U.S. comps, Hottovy said as a...
