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Darden Restaurants' Q3 Triggers Sell-Side Upgrade
Monday, March 26, 2018 - 9:38am | 369Read More...Darden Restaurants, Inc. (NYSE: DRI), the restaurant operator best known for its Olive Garden and LongHorn Steakhouse chains, reported fiscal third-quarter results Thursday that prompted Stephens to turn bullish on the stock. The Analyst Stephens' Will Slabaugh upgraded Darden...
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Stephens Remains A Wendy's Bull Despite Top-Line Miss, Says Chain Has 'Strong Underlying Fundamentals'
Friday, February 23, 2018 - 10:24am | 408Read More...Wendys Co (NASDAQ: WEN) reported fourth-quarter results Wednesday, with the fast food chain's earnings of 11 cents per share meeting Wall Street estimates, but sales of $309.2 million falling short of the $313.5 million analysts expected. The Analyst Stephens' Will...
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Roark Reportedly Raises Bid For Buffalo Wild Wings, Stephens Says A Deal Is 'Likely'
Monday, November 27, 2017 - 10:54am | 367Read More...Over the last week of trading, Buffalo Wild Wings (NASDAQ: BWLD) saw downgrades from UBS and Deutsche Bank as analysts evaluated the implications of Roark Capital Group’s $2.3-billion buyout bid. By their assessment, the $150-per-share offer implied little upside. But Roark has since raised...
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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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Where's The Beef? A Look Inside Wendy's Q3
Wednesday, November 8, 2017 - 10:31am | 362Read More...Wendys Co (NASDAQ: WEN) reported its third-quarter results which consisted of a top and bottom line miss. Management also revised its full year earnings per share outlook lower from a range of 45 cents to 47 cents per share to a new range of 43 cents and 45 cents per share. The Analyst Stephens...
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Was Red Robin's Quarter As Bad As It Seems?
Tuesday, November 7, 2017 - 2:49pm | 634Read More...Casual dining restaurant chain Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) reported third-quarter results Monday, showing a decline in adjusted earnings per share from 38 cents to 21 cents — despite 2.3 percent revenue growth to $304.2 million. Red Robin expects earnings per share of 45-...
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Things That Stood Out In Starbucks' Q4 Report
Friday, November 3, 2017 - 8:07am | 383Read More...Analysts at Stephens continue to see the downside case for Starbucks Corporation (NASDAQ: SBUX) after the company reported fourth-quarter results. Analyst Will Slabaugh maintains an Equal-Weight rating on Starbucks' stock with an unchanged $52 price target, which implies further downside from...
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Papa John's CEO Blames NFL For Slowing Pizza Sales; Should He Really Blame Netflix?
Thursday, November 2, 2017 - 10:26am | 676Read More...President Trump isn’t the only one lashing out at the NFL these days. Papa John’s Int’l Inc. (NASDAQ: PZZA) founder John Schnatter pointed his finger squarely at the NFL blamed the NFL and commissioner Roger Goodell for its disappointing third-quarter sales on the company’s...
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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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Wall Street Remains Sidelined On Chipotle After Disappointing Q3
Wednesday, October 25, 2017 - 4:04pm | 949Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) third-quarter earnings and revenues were a miss, and the stock is down a steep 15.05 percent at $275.50. That's a near five-year low for the fast casual chain. Chipotle stock was down a steep 15.05 percent to $275.50, sinking to a near 5-year...
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McDonald's Mixed Q3 Leads To Upside
Tuesday, October 24, 2017 - 1:41pm | 187Read More...Stephens analyst Will Slabaugh maintains his Overweight rating and a price target of $175 for McDonald's Corporation (NYSE: MCD) after it reported earnings Tuesday. He said this was another impressive quarter for the company as it managed to post its tenth consecutive EPS meet/beat. U.S. same-store...
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First Impression Of Sonic's Q4
Tuesday, October 17, 2017 - 9:51am | 503Read More...Reviewing Sonic Corporation (NASDAQ: SONC)'s fiscal fourth-quarter results, Stephens said the quarter was a soft one. Following the results, the firm maintains its Outperform rating on the shares of the company and its $30 price target. In pre-market trading, shares of Sonic were down 4.44...
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Queso Fail, Other Headwinds Lead This Analyst To Remain Cautious On Chipotle
Wednesday, October 11, 2017 - 2:33pm | 388Read More...Analysts at Stephens continue to hold a cautious view on Chipotle Mexican Grill, Inc. (NYSE: CMG) despite a recent upgrade. The firm's Will Slabaugh upgraded Chipotle's stock to Equal-Weight in August amid a view that the negative media attention the company has been receiving is "well...
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3 Reasons Red Robin Is One Of The Best Ideas In Restaurant Sector
Wednesday, October 11, 2017 - 12:25pm | 425Read More...Stephens said in a note that Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) remains its best idea in restaurant, attributing the opinion to a trio of factors, namely improving revenue trends, meaningful cost opportunities across multiple line items and valuation. As such, the firm has an...
















