Restos Post Quarterly Results and Announce New Programs - Research Report on McDonald's, Starbucks, Chipotle, Wendy's, and Panera Bread
NEW YORK, November 13, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting McDonald's Corporation (NYSE: MCD), Starbucks Corporation (NASDAQ: SBUX), Chipotle Mexican Grill, Inc. (NYSE: CMG), The Wendy's Co. (NASDAQ: WEN), and Panera Bread Co. (NASDAQ: PNRA). 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 November 8, 2013, McDonald's Corporation (McDonald's) reported its comparable sales for the month of October 2013 with sales in the U.S. and Europe increased by 0.2% and 0.8%, respectively. The Company stated that increase in its U.S. sales was due to its Mighty Wings and Pumpkin Spice Latte limited-time offers and the introduction of the new Premium Southwest McWrap, while Europe's overall performance continues to be supported by a comprehensive approach to driving demand via reinvigorated value platforms, rotation of popular seasonal food events and enhancement of key daypart opportunities. McDonald's further reported that sales in APMEA slid 2.8% mainly due to negative results in Japan. McDonald's stated that it is striving to improve its performance in the region by providing consistent value offerings, accelerating growth at breakfast and leveraging brand extensions in terms of different formats, such as drive-thru, delivery, kiosks and McCafé. McDonald's also stated that it plans to release its November 2013 sales by December 9, 2013. The Full Research Report on McDonald'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]
--
Starbucks Corporation Research Report
On November 6, 2013, Starbucks Corporation (Starbucks) announced a strategic commitment to develop a comprehensive hiring platform for veterans and active duty spouses. According to the Company, the program is in response to record growth and anticipation of a 500,000 person future global workforce. Starbucks reported that this multi-year hiring and career development strategy will focus on establishing an internal infrastructure dedicated to support at least 10,000 hires in five years as well as match the transferable skill sets of veterans and military spouses with the specific talent needed across the Company. The Company informed that it will also build upon and expand the Company's specialized mentoring programs as provided via the Armed Forces Network (AFN), a peer organization whose emphasis is to ensure new hires have access to the information and resources they need to be successful. Commenting on the program, former Defense Secretary Robert M. Gates stated, "Veterans and military spouses represent one of the most underutilized talent pools in our country and, without the proper career path, will continue to go untapped. Companies like Starbucks recognize this opportunity and are moving swiftly and aggressively to match the jobs they will create in the future with the talent returning to America over the next several years." 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]
--
Chipotle Mexican Grill, Inc Research Report
On November 8, 2013, shares of Chipotle Mexican Grill, Inc. (Chipotle) rose 1.94% to end the trading day at $535.20 per share. Over the past three trading sessions, Chipotle's shares slid by 1.45%, while the Dow Jones Industrial Average rose 0.92% over the same period. 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]
--
The Wendy's Co. Research Report
On November 7, 2013, The Wendy's Co. (Wendy's) posted its Q3 FY 2013 financial results (period ending September 29, 2013). The Company reported a 0.70% YoY increase in revenues to $640.8 million. Net loss attributable to Wendy's in Q3 2013 was $1.9 million or $0.00 per diluted share, compared with $26.2 million or $0.07 per diluted share in Q3 2012. Wendy's President and CEO Emil Brolick said, "Our third-quarter two-year Company-operated same-store sales increase of 5.9 percent was our strongest comp growth since 2005, driven by the highly successful Pretzel Bacon Cheeseburger promotion. We have also seen a solid response to our October Pretzel Pub Chicken sandwich promotion, and our third-quarter results give us the confidence to raise our 2013 Adjusted EBITDA outlook to approximately $365 million." 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]
--
Panera Bread Co. Research Report
On November 8, 2013, shares of Panera Bread Co. (Panera Bread) declined 0.05% to $166.92 per share at the end of trading. Panera Bread's shares were also down 0.05% over the last three trading sessions, while the Dow Jones Industrial Average gained 0.92% during that same period. 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]
----
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
AnalystsCorner.com
SOURCE Analysts' Corner
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article