IRG: Ignite Restaurant Group Twitter

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Tuesday, May 7, 8:06 PM Ignite Restaurant (IRG): Q1 EPS of $0.11 misses by $0.01. Revenue of $118.2M misses by $2.4M. (PR) Comment! [Earnings, Breaking News]
Monday, April 29, 2:27 PM McDonald's (MCD +1.5%) and Dunkin' Donuts (DNKN +0.4%) are leading a pack of restaurant chains that are extending hours of operation in order to help pump up revenue. In some cases, the plan is pitting some companies against their own franchisees that are somewhat convinced the wee midnight to early breakfast hours aren't unprofitable. Analysts say it depends on the brand. What works for Taco Bell, Denny's, or White Castle might not work for the sector as a whole. 4 Comments [Consumer]
Friday, April 12, 9:51 AM Restaurant sales trends improved in March but remain "fragile," according to a new report from Black Box Intelligence. The sector saw a same-store sales increase of 0.5% during the month compared to February’s decline of 5% - while traffic decreased 2% compared to a 4.2% drop in February. Comment! [Consumer]
Wednesday, April 10, 2:17 PM Restaurant visits by parties of adults grew by 1% last year to end four consecutive declines in the category but visits with children in tow showed flat growth once again, according to tracking from the NPD Group. A tripping point for the sector has been the lack of growth in visits by parties with kids. What to watch: Analysts see increased promotional activity sneaking in on the industry's margins. 5 Comments [Consumer]
Wednesday, March 20, 4:19 PM Ignite Restaurant (IRG): Q4 EPS of -$0.15 misses by $0.01. Revenue of $112.6M (+11.1% Y/Y) beats by $0.1M. (PR) Comment! [Earnings, Breaking News]
Wednesday, February 13, 10:14 AM Margin pain on the horizon: Restaurants could get squeezed this year from a combination of higher commodity costs and frugal consumers, according to AlixPartners. Though traffic is forecast to rise 3%, the average ticket is expected to decline 4.7% with coupons, promotions, and discounts gaining favor. Chains that are expected to ride out the expected tough environment are those that can deliver healthy food fast. Chipotle (CMG -1.8%), privately-held Subway, and Panera (PNRA -1.5%) fit the bill. 6 Comments [Consumer]
Thursday, June 14, 2012, 6:40 AM KeyBanc initiates coverage on Ignite Restaurant Group (IRG) with a Buy rating and $22 price target. Analysts with the firm see the restaurant chain's same-store sales staying positive and lower prices crab prices benefiting bottom-line results. Comment! [Consumer]

IRG Ignite Restaurant Group

IRG

Ignite Restaurant Group