Restaurant Opening, Dividends, Refinancing Completion, Financial Results, and Upcoming Conferences - Analyst Notes on Buffalo Wild Wings, Brinker International, Bloomin' Brands, Popeyes and Sonic
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NEW YORK, June 16, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Buffalo Wild Wings, Inc. (NASDAQ: BWLD), Brinker International, Inc. (NYSE: EAT), Bloomin' Brands, Inc. (NASDAQ: BLMN), Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI) and Sonic Corp. (NASDAQ: SONC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3300-100free.
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Buffalo Wild Wings, Inc. Analyst Notes
On May 19, 2014, Buffalo Wild Wings Inc. (Buffalo Wild Wings) announced the opening of its 15,000 square foot restaurant at 253 West 47th Street, Times Square, offering its passion of wings, beer and sports to Manhattan residents and visitors from around the world. Buffalo Wild Wings informed that the branch features multi-level dining spaces, with a private party room, a mezzanine level bar, patio, and a rooftop patio that will open in summer 2014 and can accommodate up to 550 guests. Commenting on the opening, Sally Smith, President and CEO of Buffalo Wild Wings, said, "We're thrilled to add our Times Square opening to an already exciting year of milestones that have made the Buffalo Wild Wings experience even more accessible to our Guests in the U.S. and beyond." The full analyst notes on Buffalo Wild Wings are available to download free of charge at:
http://www.analystsreview.com/Jun-16-2014/BWLD/report.pdf
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Brinker International, Inc. Analyst Notes
On May 29, 2014, Brinker International, Inc.'s reported that its Board of Directors has declared a quarterly dividend of $0.24 per share on its common stock. The dividend is payable on June 26, 2014 to shareholders of record as of June 13, 2014. The full analyst notes on Brinker International are available to download free of charge at:
http://www.analystsreview.com/Jun-16-2014/EAT/report.pdf
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Bloomin' Brands, Inc. Analyst Notes
On May 19, 2014, Bloomin' Brands, Inc. (Bloomin' Brands) announced that its wholly-owned subsidiary, OSI Restaurant Partners, LLC, has completed the previously announced refinancing of its senior secured credit facilities of up to c.$1.1 billion. The Company informed that the new credit facilities also consist of a $300.0 million Term Loan A, a $225.0 million Term Loan B, and a $600.0 million revolving credit facility. Proceeds from the new credit facilities of $300.0 million Term Loan A and $400.0 million drawn on the new revolving credit facility will be used to pay down the outstanding Term Loan B outstanding balance of $925.0 million. The Term Loan A and revolving credit facility will mature in May 2019, while the Term Loan B will mature in October 2019. As of closing, $200.0 million of the revolving credit facility is undrawn. The full analyst notes on Bloomin' Brands are available to download free of charge at:
http://www.analystsreview.com/Jun-16-2014/BLMN/report.pdf
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Popeyes Louisiana Kitchen, Inc. Analyst Notes
On May 28, 2014, Popeyes Louisiana Kitchen, Inc. (Popeyes) reported its Q1 FY 2014 financial results (period ended April 20, 2014). Total revenues for the quarter increased 16.1% YoY to $70.1 million. Q1 FY 2014 net income registered $11.1 million or $0.46 per diluted share, compared with $9.6 million, or $0.40 per diluted share in Q1 FY 2013. Operating EBITDA registered $21.4 million, compared with $11.7 million in Q1 FY 2013. Commenting on the results, Cheryl Bachelder, CEO of Popeyes, said, "The strength of the Popeyes brand was once again demonstrated in our first quarter results. Despite the weather, our freshly remodeled restaurants, our superior food at sharp price points, and our national advertising served up strong performance. In this quarter, we saw positive same-store sales, continued gains in market share, and higher restaurant profitability." The full analyst notes on Popeyes are available to download free of charge at:
http://www.analystsreview.com/Jun-16-2014/PLKI/report.pdf
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Sonic Corp. Analyst Notes
On May 29, 2014, Sonic Corp. (Sonic) announced that it will present at the Oppenheimer's 14th Annual Consumer Conference to be held at the Four Seasons Hotel in Boston, Massachusetts on June 25, 2014, starting at 11:05 a.m. ET. The presentation can be accessed via the Company's investor relations website. The full analyst notes on Sonic are available to download free of charge at:
http://www.analystsreview.com/Jun-16-2014/SONC/report.pdf
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