New Products, Senior Leadership Appointments, and Conference Calls - Research Report on Starbucks, Yum! Brands, Darden, Dunkin Brands, and Tim Hortons
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NEW YORK, July 15, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting Starbucks Corporation (NASDAQ: SBUX), Yum! Brands, Inc. (NYSE: YUM), Darden Restaurants, Inc. (NYSE: DRI), Dunkin' Brands Group Inc. (NASDAQ: DNKN), and Tim Hortons Inc. (NYSE: THI). 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 July 10, 2013, Starbucks Corporation (Starbucks) announced that the Company will release its financial results for Q3 FY 2013 after the market close on Thursday, July 25, 2013, along with a conference call and webcast to follow at 2:00 p.m. PT. On April 25, 2013, Starbucks stated that for full-year FY 2013, it expects revenue growth of approximately 10% to 13% YoY, 'mid-single digit' comparable store sales growth, and full-year EPS in the range of $2.12 to $2.18, consisting of $0.50 to $0.53 in Q3 FY 2013 and $0.54 to $0.57 in Q4 FY 2013. 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.wsreports.com/r/full_research_report/5ca0_SBUX]
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Yum! Brands, Inc. Research Report
On July 10, 2013, Yum! Brands, Inc. (Yum! Brands) reported its financial results for Q2 FY 2013 (period ended June 15, 2013). Total revenues decreased 8% YoY to $2.9 billion. Same store sales declined 20% YoY in China, but grew 1% YoY at Yum! Restaurants International (YRI) Division and 1% YoY in the US. Excluding special items, EPS was $0.56 compared to EPS of $0.67 in Q2 FY 2012. David C. Novak, Yum! Brands Chairman and Chief Executive Officer, commented, "Second-quarter EPS declined 16%, which was generally in line with our expectations. KFC sales and profits in China were significantly impacted by intense media surrounding Avian flu, as well as the residual effect of the December poultry supply incident. The good news is that China sales are recovering as expected. The extensive media surrounding Avian flu in China has subsided and same-store sales at KFC are clearly improving." He added, "Our estimated mid-single-digit full-year EPS decline versus prior year remains unchanged. We expect a strong bounce-back year in 2014 as we continue to aggressively invest behind our core strategies and capitalize on the enormous growth opportunities we see around the world." 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.wsreports.com/r/full_research_report/74c8_YUM]
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Darden Restaurants, Inc. Research Report
On July 10, 2013, Darden Restaurants, Inc. (Darden) announced that Sali Setta will become the President of its Red Lobster brand. In this role, Setta will lead all aspects of the brand with more than 700 restaurants, 600,000 employees, and $2.6 billion in annual sales. Additionally, the Company announced that Dave Pickens will become the new Chief Restaurant Operations Officer for Darden. According to Darden, Pickens will lead the Operations Leadership Team and ensure successful implementation of various strategic operation initiatives that span the entire Darden enterprise and further improve the guest experience. Darden's Chairman and Chief Executive Officer, Clarence Otis, said, "There are important new consumer and competitive dynamics in our industry, and these leaders have the right skills and experience to address these dynamics. We will continue to look for unique opportunities to deploy our deep talent bench to develop our people and meet the ever changing needs of our business." The appointments are effective Monday, July 15, 2013. The Full Research Report on Darden Restaurants, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/b7b9_DRI]
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Dunkin' Brands Group Inc. Research Report
On July 10, 2013, Dunkin' Brands Group Inc. (Dunkin' Brands) announced the election of Carl Sparks to the Dunkin' Brands Board of Directors, effective July 26, 2013. According to Dunkin' Brands, Sparks currently serves as the President and Chief Executive Officer of Travelocity Global, and has an extensive background in e-commerce, consumer brands and retailing. Nigel Travis, Chairman and Chief Executive Officer of Dunkin' Brands, said, "Carl is one of the pre-eminent business leaders in the digital business space, and we are delighted he has joined Dunkin' Brands' board of directors. With his extensive online and digital background, he will be a tremendous addition to our Board. We look forward to benefitting from his insights as we continue to develop new and compelling programs to enhance the engagement with our communities worldwide." The Full Research Report on Dunkin' Brands Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/3e3a_DNKN]
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Tim Hortons Inc. Research Report
On July 10, 2013, Tim Hortons Inc. (Tim Hortons) announced that Tim Hortons Café & Bake Shop will be offering a new Gluten-Free Coconut Macaroon that is certified by the Gluten-Free Certification Organization, a subsidiary of the Gluten Intolerance Group whose mission is to provide consumers assurance of the safety of gluten-free products. According to the Company, the Gluten-Free Coconut Macaroon is a meringue-style cookie made with real coconut and drizzled in milk chocolate. It will be sold in a pre-packed two-piece package to avoid cross contamination. It will be available at Tim Horton's Café & Bake Shop restaurants across the US starting July 15, 2013 for $1.29. The Full Research Report on Tim Hortons Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/135c_THI]
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SOURCE Wall Street Reports
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