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Early Reaction To McDonald's 'Pretty Strong Numbers'
Wednesday, January 29, 2020 - 9:00am | 360Read More...Fast-food giant McDonald's Corp (NYSE: MCD) reported "pretty strong numbers" in its fourth-quarter results, Morningstar analyst R.J. Hottovy said on CNBC. McDonald's reported an EPS beat and in-line revenue but strong U.S. and global comps suggest competitive concerns present in...
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Early Reactions To McDonald's Q3 Earnings Beat
Tuesday, October 23, 2018 - 11:13am | 676Read More...McDonald's Corp (NYSE: MCD) reported its third-quarter results, which sent shares higher by more than 5 percent. What To Know From Q3 McDonald's said it earned $2.10 per share in the third quarter on revenue of $5.369 billion versus expectations of $2.00 per share and $5.35 billion....
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Morningstar's Restaurant Analyst Projects Further Store Closures In Sector
Tuesday, July 3, 2018 - 9:55am | 371Read More...The restaurant sector could see a changing dynamic in the marketplace in the back half of 2018 from an unusual suspect: Amazon.com, Inc. (NASDAQ: AMZN), according to Morningstar. The Analyst Morningstar senior restaurant analyst R.J. Hottovy discussed the restaurant sector during CNBC's "...
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Analyst: Plenty To Be Encouraged About In McDonald's Q3 Report
Tuesday, October 24, 2017 - 10:26am | 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...
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Morningstar On Yum!'s Future: Better Second Half, Possible China Spinoff
Wednesday, July 15, 2015 - 12:43pm | 464Read More...Yum! Brands, Inc. (NYSE: YUM) reported dismal second-quarter earnings on Tuesday, attributing it to continuing weakness in China. The company declared an EPS of $0.54, compared to EPS of $0.75 it reported for the same quarter last year. RJ Hottovy, global director of consumer equity research at...
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Starbucks Raising Prices Right Before Nationwide Launch Of Mobile Order & Pay
Wednesday, July 8, 2015 - 7:41am | 326Read More...Starbucks Corporation (NASDAQ: SBUX) announced on Tuesday that it will be raising prices of its drinks by $0.05 to $0.20. RJ Hottovy, Morningstar senior restaurant and retail analyst, was on CNBC to weigh in on this and to discuss whether this will have affect on the company's sales...
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Stifel, Morningstar Analysts React To McDonald's Decision To Quit Reporting Monthly Sales
Wednesday, May 27, 2015 - 4:06pm | 398Read More...McDonald's Corporation (NYSE: MCD) announced on Wednesday it will cease reporting its monthly same-store sales metrics as of July 1. June will serve as the company's final monthly release and will be included in its second quarter results. Speaking to Benzinga, Stifel Associate Michael...
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Morningstar: What Investors Should Be Looking For In Alibaba's Report
Wednesday, May 6, 2015 - 3:44pm | 384Read More...Alibaba Group Holding Ltd (NYSE: BABA) is set to declare its latest quarterly earnings on Thursday before the opening bell. RJ Hottovy, strategist at Morningstar, was on CNBC Wednesday to discuss the growth expectations from the company and what investors should be looking for in the earnings...
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Alibaba Can Learn From Snapchat's Mobile Platform, Says Morningstar
Thursday, March 12, 2015 - 3:17pm | 225Read More...Speaking to Benzinga, Morningstar Analyst RJ Hottovy discussed the Alibaba Group Holding Ltd (NYSE: BABA) investment in Snapchat. Hottovy felt that what had driven the decision was Alibaba's commitment to its own mobile platform and the ability to learn from Snapchat's platform. The...
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Morningstar's RJ Hottovy Previews Amazon's Q4 Earnings
Monday, January 26, 2015 - 5:54pm | 141Read More...Speaking to Benzinga, Morningstar analyst RJ Hottovy said that he expects Amazon.com, Inc. (NASDAQ: AMZN) to report Q4 revenue along “the high end of the guidance range.” Hottovy also thought margins and profitability would be on the high-end as United Parcel Service, Inc. (NYSE:...
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Morningstar's RJ Hottovy Previews Alibaba's Q4 Report
Monday, January 26, 2015 - 5:39pm | 128Read More...Speaking to Benzinga, Morningstar analyst RJ Hottovy said that he expects Alibaba Group Holding Ltd (NYSE: BABA) to continue with top-line strength similar to previous quarters. Hottovy also expected "impressive growth" in new users and a "higher engagement" among users,...
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Morningstar Analyst On McDonald's: Activist Investor Could Push For Management Change, Franchise Increase
Tuesday, December 16, 2014 - 4:34pm | 187Read More...After a rumor about Pershing Square Capital Management CEO Bill Ackman seeking a REIT spinoff for McDonald’s Corporation (NYSE: MCD), Morningstar Analyst RJ Hottovy told Benzinga that there are other things an activist investor could push for. A change in management was his first...
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Morningstar Analyst On Ackman Possibly Seeking REIT Spinoff For McDonald's: 'I Think Management Would Push Back On It'
Tuesday, December 16, 2014 - 4:23pm | 177Read More...Speaking to Benzinga about a rumor that Pershing Square Capital Management CEO Bill Ackman wants McDonald’s Corporation (NYSE: MCD) to do a REIT spinoff, Morningstar Analyst RJ Hottovy said that he thinks McDonald’s management would push back on it. One reason Hottovy gave is that...
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Morningstar Analyst Says Pershing Square Has Track Record Of Pushing Retailers To Seek REITs
Tuesday, December 16, 2014 - 4:18pm | 183Read More...When asked about a rumor that Pershing Square Capital Management CEO Bill Ackman is seeking a REIT spinoff for McDonald’s Corporation (NYSE: MCD), Morningstar Analyst RJ Hottovy said that Pershing Square has a track record of pushing retailers with real estate assets to look at one of these...
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Morningstar Analyst On Rumor Of Ackman Push For McDonald's REIT: What Works For Darden Might Not Work For McDonald's
Tuesday, December 16, 2014 - 3:50pm | 169Read More...Speaking to Benzinga about the rumor that Pershing Square Capital Management CEO Bill Ackman is seeking a REIT spinoff for McDonald’s Corporation (NYSE: MCD), Morningstar Analyst RJ Hottovy said that there have been a couple of precedents for spinning off a real estate transaction in the...
