Restos Announce Financial Results, New Promos and Joint Venture Expansions - Research Report on Starbucks, Yum! Brands, Panera Bread, Cracker Barrel, and Bloomin' Brands
NEW YORK, December 3, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Starbucks Corporation (NASDAQ: SBUX), Yum! Brands, Inc. (NYSE: YUM), Panera Bread Co. (NASDAQ: PNRA), Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL), and Bloomin' Brands, Inc. (NASDAQ: BLMN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Starbucks Corporation Research Report
On November 22, 2013, Starbucks Corporation (Starbucks) announced that its 50/50 joint venture with Tata Global Beverages Limited - Tata Starbucks Limited - celebrated its entry into Bangalore. According to the Company, this flagship store is located opposite Raheja Arcade, 7th Block, Koramangala in Bangalore, with store opening effective November 23, 2013. In addition to the flagship store at Koramangala, Tata Starbucks Limited will open two more stores by the end of 2014 at Phoenix Market City and Orion Mall at Brigade Gateway in Bangalore. The Full Research Report on Starbucks Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/50aa_SBUX
Yum! Brands, Inc. Research Report
On November 20, 2013, Yum! Brands, Inc. (Yum!) announced that the Company is reorganizing its business to increasebrand and geographic focus. According to the Company, effective January 1, 2014, the Company will combine its Yum! Restaurants International (YRI) and the U.S. individual divisions for KFC, Pizza Hut and Taco Bell while Yum! Restaurants China and Yum! Restaurants India will remain separate divisions based on their strategic importance and enormous growth potential. The Company informed that the KFC, Pizza Hut and Taco Bell divisions will define and drive the strategic positioning and operating models for the Brands, working closely with the China and India division teams. Chairman and CEO David C. Novak said, "We believe that having 100% focused brand teams will enable us to more aggressively accelerate growth. We also believe know-how sharing will be more powerful by bringing the U.S. and international businesses together." The Full Research Report on Yum! Brands, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/7bc8_YUM
Panera Bread Co. Research Report
On November 19, 2013, Panera Bread Co. (Panera Bread) introduced its first Single-Serve Coffee Cups in select US retailers nationwide. Panera Bread reported that its Single-Serve Coffee Cups combine the at-home convenience of single-serve brewing systems with the fresh and flavorful Panera coffee experience. According to the Company, the Cups are designed for use in single-serve coffee machines, such as select Keurig-brand brewers, and are available in four varieties such as Dark Roast, Light Roast, Colombia and Hazelnut Crème. Panera Bread further mentioned that in addition to its new Single-Serve Coffee Cups, it offers bagged ground coffee at select retailers. The Full Research Report on Panera Bread Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/6c27_PNRA
Cracker Barrel Old Country Store, Inc. Research Report
On November 26, 2013, Cracker Barrel Old Country Store, Inc. (Cracker Barrel) reported its financial results for Q1 FY 2014 (period ended November 1, 2013). Total revenue increased 3.5% YoY to $649.1 million. Net income was $27.2 million or $1.14 per diluted share, compared to net income of $23.2 million or $0.97 per diluted share in Q1 FY 2013. Commenting on the results, President and CEO Sandra B. Cochran said, "We are pleased with our first quarter results, which represent our eighth consecutive quarter of increased year-over-year comparable store sales. Although the government shutdown challenged our consumer and added to an already difficult environment, this quarter's financial results exceeded our expectations and reflect our initial success in executing our business priorities for fiscal 2014." The Full Research Report on Cracker Barrel Old Country Store, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/0671_CBRL
Bloomin' Brands, Inc. Research Report
On November 18, 2013, Bloomin' Brands, Inc. (Bloomin' Brands) announced the appointment of James R. Craigie, Chairman and CEO of Church & Dwight Co., Inc. (Church & Dwight) to its Board of Directors effective November 15, 2013. The Company reported that Craigie will also join the Audit Committee. Commenting on the new appointment, Chairman of the Board and CEO Elizabeth Smith said, "Jim is a recognized leader of consumer brands and we are fortunate to have him join our Board of Directors. Innovation, especially in competitive business environments, has been a key driver in Jim's impressive career. His insight will help guide us as we continue to drive long-term growth and shareholder value." The Full Research Report on Bloomin' Brands, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/037c_BLMN
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