What's your position on ?
Why are you ish?
You voted ish on Vote again
Posts appear on the My Feed page of subscribers to this ticker
Wed, Feb. 3, 2:39 PM
- Panera Bread (PNRA -1.5%) is seen by many restaurant analysts as gaining the most traffic out of Chipotle's rough patch of decimating traffic losses.
- Other picks as beneficiaries include Qdoba, Moe's Southwest Grill, and perhaps in the biggest surprise, McDonald's (MCD -2%) is given the nod by some sector watchers.
- Tonight, Yum Brands (NYSE:YUM) reports how U.S. sales at Taco Bell fared during the Chipotle crisis.
Wed, Feb. 3, 1:38 PM
- It's a new world in the restaurant sector after all-star Chipotle took a tumble from its lofty perch following the E. coli outbreak.
- "We believe consumers, and especially investors, are hyper-sensitive to reports of foodborne illness," warns BTIG Analyst Peter Saleh.
- He adds that his firm believes the concern can result in investors "shooting first and asking questions later." Backing up his conclusion, Buffalo Wild Wings is off 7% today after a notovirus incident was reported at a Kansas City-area store.
- Yesterday's stunner from Chipotle that January comps fell off 36% is adding to the anxiety. While Chipotle's issue was due in part to local sourcing, analysts expect overall food safety costs to increase in the sector due to the new scrutiny.
- Restaurant stocks: CAKE, CBRL, DRI, EAT, RRGB, RT, BWLD, BDL, NATH LUB, BLMN, TXRH, DENN, BBRG, DFRG, BOBE, RUTH, IRG, DIN, NDLS, BOJA, FRSH, RAVE, KONA, BGR, BJRI, FRS, CBRL, GTIM, TAST, ARKR, ZOES, PLAY, FOGO, ARCO, BH, IRG, FRGI, HABT, SHAK, CHUY, LOCO, TACO, MCD, QSR, SONC, WEN, QSR, BOJA, PBPB, PZZA, DPZ.
Tue, Feb. 2, 9:00 AM| Tue, Feb. 2, 9:00 AM | 1 Comment
- January monthly performance was: -4.6%
- 52-week performance vs. the S&P 500 is: -1%
- $0.02 in dividends were paid in January
- Top 10 Holdings as of 12/31/2015: Coca-Cola Co (KO): 4.05%, Microsoft Corp (MSFT): 3.61%, Apple Inc (AAPL): 3.27%, Altria Group Inc (MO): 3.17%, AbbVie Inc (ABBV): 2.84%, International Business Machines Corp (IBM): 2.21%, McDonald's Corp (MCD): 2.01%, Intel Corp (INTC): 1.95%, Cisco Systems Inc (CSCO): 1.9%, Home Depot Inc (HD): 1.84%
Fri, Jan. 29, 7:56 AM
Wed, Jan. 27, 4:42 PM
Wed, Jan. 27, 9:12 AM
Mon, Jan. 25, 1:19 PM
- McDonald's (MCD +1.8%) CFO Kevin Ozan confirmed the company is considering selling a portion of its 50% stake in McDonald's Japan during today's earnings call.
- Management also highlighted the broad underlying strength it saw in Q4 before F/X took its cut, as well as the benefit realized in the U.S. from milder weather. McDonald's will remain in a cautious mode until a few more quarters of positive comps confirm a turnaround has been achieved.
- New areas of focus from the chain will be speed of service and building out the potential for the mobile app.
- McDonald's earnings call webcast
- Previously: McDonald's beats by $0.08, beats on revenue (Jan. 25 2016)
- Previously: McDonald's turns positive comp in all segments (Jan. 25 2016)
- Previously: The restaurant sector digests McDonald's earnings (Jan. 25 2016)
Mon, Jan. 25, 8:15 AM
- McDonald's (NYSE:MCD) reports global comparable-store sales increased 5.0% in Q4 with improvement seen across all segments.
- Comparable-store sales rose 5.7% in the U.S. as the All Day Breakfast initiative generated traffic.
- International Lead Markets segment comparable-store sales rose 4.2%.
- The High Growth Markets comp was +3% with both China and Russia in positive territory.
- Total revenue at McDonald's was off 4% after foreign exchange shook off nine percentage point.
- SG&A expenses +2% to $675M. Company-owned restaurant expenses -7% to $3.419B.
- The company says it expects positive top-line momentum across all segments this year..
- Previously: McDonald's beats by $0.08, beats on revenue (Jan. 25 2016)
- MCD +3.02% premarket to $121.97.
Mon, Jan. 25, 8:01 AM
Mon, Jan. 25, 6:34 AM
- Increasing its pace of development from last year, McDonald's (NYSE:MCD) plans to open more than 60 restaurants in Russia in 2016.
- "We have seen significant growth of our market share as we continued expansion," Khamzat Khasbulatov, chief executive of McDonald's Russia, told a news conference.
- He added that the company had to make "serious adjustments" to its business model after sanctions and the weakening of the ruble put pressure on its margins.
- MCD +0.4% premarket
Sun, Jan. 24, 5:30 PM
Sat, Jan. 23, 2:46 PM
- The economic cost of the blizzard hitting the East Coast could run as high as $850M, according to a forecast from Planalytics.
- The tally includes lost productivity and a lower level of consumer spending over the duration of the storm - even after factoring in the impact of consumers stockpiling from chains such as Home Depot (NYSE:HD), Lowe's (NYSE:LOW), Wal-Mart (NYSE:WMT), and Kroger (NYSE:KR).
- The storm is broad enough to impact domestic traffic numbers for restaurant chains (MCD, QSR, WEN, CMG, DENN, DNKN, SBUX) and movie theater operators (RGC, CKEC, CNK, AMC).
- The number of cancelled flights tied to the storm is tracking rapidly toward 10K. U.S. airlines (LUV, AAL, JBLU, UAL, DAL) have become more efficient with managing major storms, but will still take a hit to Q1 revenue.
- Looking ahead: Though harsh U.S. winters have lopped off as much as 1% to 2% from retail sales in the past, the 2015-2016 season still sits comfortably in the historical range used by economists when making their projections.
- Previously: Blizzard rally for HD, LOW, BGG, TTC, ACAT, COLM, and BDE (Jan. 22)
- Previously: Storm alert for Shake Shack and Dunkin' Donuts (Jan. 22)
- Retail ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, PBJ, IYK, IYC, FXD, PEJ, FDIS, RHS, FSTA, SCC, UCC, RCD, PMR, PEZ, UGE, PSL, PSCC, PSCD, SZK, BITE
Wed, Jan. 20, 3:15 PM
- A Nomura poll of McDonald's (MCD -1.5%) franchisees indicates the introduction of all-day breakfast at stores has gone better than anticipated.
- McDonald's operators say some of their customers want the all-day breakfast to be offered around the clock.
- Many franchisees originally protested the plan to complicate their kitchen operations.
- Nomura sees same-store sales rising 4.1% for McDonald's in Q4 and 3.8% in the current quarter.
Wed, Jan. 20, 9:59 AM
- Starbucks (SBUX -2.7%), McDonald's (MCD -1.1%), Dunkin' Brands (DNKN -1.9%), and Tim Hortons (QSR -2.5%) are getting relief on input costs for coffee and milk.
- Mik prices are down 13% Y/Y and coffee prices are down 9% over the last nine months, according to data from the Bureau of Labor Statistics.
- The restaurant chains have held the line on pricing for most menu items with coffee and milk.
- BLS raw data
Wed, Jan. 20, 7:43 AM
- McDonald's (NYSE:MCD) is named the top large-cap restaurant stock by Nomura.
- The Japanese firm sees some sales acceleration for McDonald's in the U.S. and raises its forecast for Q4 U.S. same-store sales to 4.1% vs. 2.5% consensus.The improving comp trend is directly attributed to new initiatives from management.
- Shares of MCD are rated at Buy at Nomura with a $135 price target.
- Yesterday, BTIG raved about the restaurant operator.
- Previously: BTIG sees recent good form by McDonald's extending (Jan. 19 2016)
Tue, Jan. 19, 10:35 AM
- BTIG raises the bar even higher on McDonald's (MCD +1.3%) with a new price target of $130 standing well-above the consensus Street PT of $121.
- The investment firm upgrades the restaurant stock to a Buy rating with the all-day breakfast and new McPick 2 menu both seen as traffic drivers.
- The potential for McDonald's to return more capital to investors is also seen as alluring.
- Fast fact: McDonald's 6-month return of +20% ranks 2nd out of 41 restaurant stocks with a market cap of over $300M.
Other News & PR