|Bid||58.93 x 800|
|Ask||58.94 x 800|
|Day's Range||58.80 - 59.37|
|52 Week Range||53.09 - 68.89|
|PE Ratio (TTM)||18.34|
|Forward Dividend & Yield||1.80 (3.07%)|
|1y Target Est||70.50|
Marijuana stocks are hot in today’s market, but pot stocks are not the only way for you to profit from the habits of other people. You can go with diversity in Constellation Brands (NYSE:STZ), you can go for global growth with Anheuser Busch InBev (NYSE:BUD), or you can go for U.S. growth with The Boston Beer Co. (NYSE:SAM). Constellation is based in upstate New York as a wine company but is better known today for its beer and spirits.
BURGER KING® restaurants are launching new Crispy Chicken Tenders today at restaurants nationwide. The new Crispy Chicken Tenders are made with whole muscle white meat chicken and no artificial flavors, colors or preservatives. Coated in a home-style seasoned breading, the tenders are juicy on the inside and crispy on the outside and are a perfect match with any of BK® restaurant’s delicious dipping sauces.
Restaurant Brands International Inc. Announces Participation at Upcoming Investor Conference
OAKVILLE, ON , Sept. 11, 2018 /PRNewswire/ - Restaurant Brands International Inc. (TSX/NYSE: QSR, TSX: QSP) ("RBI") announced today that the company will participate in the Scotiabank Back to ...
Dunkin Brands (NASDAQ:DNKN) has surprised a lot of people since its IPO back in 2012. At the time, many observers felt that Dunkin was a washed up or tired brand. People weren’t buying the growth strategy that Dunkin was selling.
Attention dividend hunters! Restaurant Brands International Limited Partnership (TSE:QSP.UN) will be distributing its dividend of US$0.45 per share on the 01 October 2018, and will start trading ex-dividend in 2Read More...
If you are interested in cashing in on Restaurant Brands International Inc’s (NYSE:QSR) upcoming dividend of US$0.45 per share, you only have 2 days left to buy the shares beforeRead More...
Starbucks Corp will have a new partner in New Zealand after the licence holder said it will not renew its two-decade-old deal in a region where an entrenched coffee culture has made it difficult for the world's largest coffee chain to thrive. Fast-food group Restaurant Brands New Zealand Ltd said in Monday it would let its licence deal expire in October, though Starbucks would keep its doors open and frappuccinos flowing under a new licensee, Tahua Capital, which had acquired the licence for a price of up to NZ$4.4 million ($2.9 million).
Restaurant Brands New Zealand Ltd said on Monday it would not renew its licence deal with Starbucks Corp when it expires in October. The fast-food company said in a statement it had sold fixed assets and stock related to its deal with Starbucks Coffee International, Inc to New-Zealand based Tahua Capital for NZ$4.4 million ($2.9 million). Restaurant Brands intends on focusing on its core businesses of quick-service restaurant brands and said the Starbucks Coffee business was "becoming less relevant to the company's overall direction".
In Case Your Grilling Doesn’t Go As Planned, Order BK® Flame-Grilled Burgers through DoorDash
While various sales-building efforts and focus on franchising are expected to boost Restaurant Brands' (QSR) revenues and earnings, stiff competition is likely to remain a potential headwind.
In a bid to expand the global footprint and strengthen franchise relations, Restaurant Brands (QSR) signs a master franchise agreement to expand Popeye's brand in the Philippines.
Popeyes and Kuya J Holdings Group, Inc. (“Kuya J Group”), the owner and operator of Kuya J restaurants in the Philippines, announced today an exclusive master franchise agreement to develop and grow the Popeyes brand in the Philippines. “We are very excited to sign our first major development agreement for the Popeyes brand in Asia.
Bill Ackman, the investor heading up Pershing Square, appears to have had a strong Q2 this year, according to a recent 13F report. The billionaire's 13F portfolio value increased by about 20% for the three-month period ending on June 30th, up to about $5.8 billion. In the process, Ackman increased his position in United Technologies Corp. ( UTX) and entered a new stake in Lowe's Companies Inc. ( LOW).
Of the 17 analysts that follow Jack in the Box (JACK), 47.1% favored a “buy,” while 52.9% favored a “hold” recommendation on August 9. None of the analysts favored a “sell” recommendation. On the same day, analysts forecast an average target price of $99.0, which represents a return potential of 6.7% from its current stock price of $92.76.
Of all the valuation multiples available, we have opted for the forward PE multiple due to high visibility in Jack in the Box’s (JACK) future earnings. The forward PE multiple is calculated by dividing the company’s stock price by analysts’ EPS estimates for the next four quarters. Management’s strong third fiscal quarter earnings and initiatives to drive the company’s sales appear to have increased investors’ confidence, which led to a rise in its stock price and valuation multiple.
Jack in the Box (JACK) posted an EPS of $1.70. Jack in the Box’s EPS growth was driven by the expanded EBIT margin, the lower effective tax rate, and share repurchases. Jack in the Box’s EBIT margin has improved from 15.5% to 26.4% due to refranchising company-owned restaurants, sales leverage from positive SSSG (same-store sales growth), and lower G&A (general and administrative) costs. The improvement was partially offset by increased labor expenses and higher repair and maintenance costs.
After posting systemwide negative SSSG (same-store sales growth) for the last five quarters, Jack in the Box (JACK) returned to the positive territory with an SSSG of 0.5%. During the quarter, the company posted an SSSG of 0.6% in company-owned restaurants. In franchised restaurants, the SSSG was at 0.5%. In company-owned restaurants, the SSSG was driven by 2.6% growth in the average check size due to more menu items and a favorable product mix. However, the transaction declined 2.0%, which partially offset some of the increase in the SSSG.
Jack in the Box (JACK) posted revenues of $188 million and outperformed analysts’ expectation of $184 million. The company’s revenues declined 23.6% year-over-year due to refranchising company-owned restaurants.
Jack in the Box (JACK) posted its third fiscal quarter earnings after the market closed on August 8. The company posted an adjusted EPS of $1.0 on revenues of $188.0 million. The company’s EPS rose 1.0% year-over-year, while its revenues declined 23.6%.
Of all the available valuation multiples, we have opted for the forward PE (price-to-earnings) multiple due to high visibility in Wendy’s (WEN) future earnings. The forward PE multiple is computed by dividing the company’s stock price from analysts’ EPS estimates for the next four quarters. The better-than-expected second-quarter sales and aggressive expansion of delivery service by Wendy’s management appears to have increased investors’ confidence, leading to a rise in the company’s stock price and its valuation multiple.
In the second quarter, Wendy’s (WEN) posted EPS of $0.12. Wendy’s EPS growth was driven by higher adjusted revenue, a lower effective tax rate, and share repurchases in the last four quarters, partially offset by a fall in the adjusted EBITDA (earnings before, interest, tax, depreciation, and amortization) margin. Due to the enactment of tax reforms, Wendy’s effective tax rate fell to 25.5% for the quarter compared to 38.9% in the corresponding quarter of the previous year.
Wendy’s (WEN) posted SSSG (same-store sales growth) of 1.9% in North America, outperforming analysts’ expectation of 1.3%. However, the company’s overall SSSG stood at 2.1% with SSSG of 2.0% at company-operated restaurants and 2.1% at franchised restaurants. The SSSG at company-owned restaurants was driven by an increase in average check size partially offset by a lower customer count.
Due to a new accounting standard, the company included $84.6 million collected from franchisees for marketing in its second-quarter revenue. The revenue growth was driven by the net addition of 92 restaurants in the last four quarters and positive SSSG (same-store sales growth). The revenue growth was driven by the net addition of one company-owned restaurant and positive SSSG of 2.0%.
Wendy’s (WEN) posted its second-quarter earnings after the market closed on August 7. The company posted adjusted EPS (earnings per share) of $0.14 on revenues of $411 million. Year-over-year, the company’s EPS increased by 7.7%, while its revenue increased by 28.3%.