New Appointments, Awards Ceremony, Halloween Fund Raisers, and Strategic Divestitures - Research Report on McDonald's, Yum! Brands, Chipotle, Wendy's, and Noodles & Co.
NEW YORK, October 10, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports McDonald's Corporation (NYSE: MCD), Yum! Brands, Inc. (NYSE: YUM), Chipotle Mexican Grill, Inc. (NYSE: CMG), The Wendy's Co. (NASDAQ: WEN), and Noodles & Co. (NASDAQ: NDLS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
McDonald's Corporation Research Report
On October 3, 2013, McDonald's Corporation (McDonald's) announced the appointment of Atif Rafiq as the Company's Chief Digital Officer (a newly created global role) effective October 21, 2013. In his new position, Rafiq will lead McDonald's global digital strategy focusing on future growth in e-commerce, modernizing the restaurant experience and engaging with consumers across the digital landscape. The Company informed that Rafiq has nearly 20 years of financial and tech industry experience and was most recently the General Manager of Kindle Direct Publishing at Amazon.com, overseeing global product management, marketing, design and development. He will report to Steve Easterbrook, McDonald's Chief Brand Officer. The Full Research Report on Mc Donald's 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/b283_MCD]
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Yum! Brands, Inc. Research Report
On October 3, 2013, The Muhammad Ali Humanitarian Awards were presented by Yum! Brands Foundation. The event, which celebrated individuals who have made significant contributions toward the attainment of peace, social justice or other positive actions pertaining to human or social capital, was held at the Galt House Hotel in Louisville, KY. The Company reported that the award winners included: Former President Jimmy Carter; singer/songwriters/humanitarians Christina Aguilera and Micheal Bolton; Kentuckian Mark Hogg and six young adults (35 and under). "Muhammad and I are extremely proud of the honorees at tonight's ceremony. The four humanitarian award winners represent a generation passing on the values of compassion and concern for others on to young adults," said Lonnie Ali, wife of boxing champion Muhammad Ali. "The younger award winners have great role models in these humanitarians. Muhammad's spirit has always inspired me to be great, and I can only imagine that it has had the same effect on the honorees." 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 ]
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Chipotle Mexican Grill, Inc. Research Report
On October 7, 2013, Chipotle Mexican Grill, Inc. (Chipotle) announced the return of Boorito, the Company's long-standing tradition and popular Halloween fundraiser. On Halloween, which will be celebrated on Thursday, October 31, 2013, Chipotle will treat customers dressed in costumes to a burrito, bowl, salad, or order of tacos for only $3 from 4:00 p.m. to closing. The Company informed that the proceeds from Boorito - $1 million - will benefit the Cultivate Foundation, a non-profit organization committed to creating a more sustainable and healthful food supply and to raising awareness of food issues. Mark Crumpacker, Chief Marketing Officer at Chipotle stated, "We are changing the way people think about and eat fast food, and this annual tradition gives our customers the opportunity to join us in our mission to create a better, more equitable food future. During Boorito, customers can dress in costume and enjoy their favorite menu item from Chipotle for just $3 while supporting a great cause." The Full Research Report on Chipotle Mexican Grill, 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/b0e3_CMG ]
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The Wendy's Co Research Report
On October 7, 2013, The Wendy's Co. (Wendy's) announced the sale of all of its 24 Company-operated restaurants, along with two future locations, in the Seattle market to Cedar Enterprise, Inc. (Cedar) - a long-time Wendy's franchisee. With this transaction, Cedar becomes Wendy's 3rd largest franchisee - with 170 operational restaurants in five states, including 47 in Washington. Wendy's President and Chief Executive Officer Emil Brolick said that the sale is an important part of the Company's brand transformation, which will include reimaging and new restaurant development, a new Wendy's logo, innovative products, bold new packaging and enhanced marketing. The Company stated that it continues to sell restaurants - primarily in the West region of the U.S. -- on a market-by-market basis, and is experiencing strong interest from qualified buyers. The Full Research Report on The Wendy's 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/27ac_WEN]
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Noodles & Co. Research Report
On October 2, 2013, Noodles & Co. announced that it has elected Jeffrey W. Jones as an independent member to its Board of Directors. Jones was also appointed as Chairman of the Audit Committee. "We welcome Jeff to the Noodles & Co. board and are pleased to have him join us," said Kevin Reddy, Chairman and CEO, Noodles & Co. "He brings 29 years of valuable financial experience as a leader in the hospitality, retail and real estate industries as well as significant experience as both a management member and independent member of public company boards." Jones was formerly the CFO for Vail Resorts, Inc. and is currently a member of the US Bank Advisory Board, as well as an Executive in Residence at the Leeds School of Business, University of Colorado at Boulder. The Full Research Report on Noodles & 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/43f0_NDLS]
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SOURCE Analysts' Corner
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