72.96 0.00 (0.00%)
After hours: 4:18PM EDT
|Bid||72.30 x 800|
|Ask||72.97 x 1200|
|Day's Range||72.33 - 73.19|
|52 Week Range||47.37 - 73.19|
|Beta (3Y Monthly)||0.41|
|PE Ratio (TTM)||32.48|
|Earnings Date||Apr 25, 2019|
|Forward Dividend & Yield||1.44 (1.99%)|
|1y Target Est||69.40|
McDonald’s is betting big on big data. The fast-food giant is spending $300 million to acquire tech platform Dynamic Yield in a move to personalize customers’ drive-thru experience. Yahoo Finance’s Dan Roberts, Melody Hahm, Myles Udland, and Brian Sozzi talk about McDonald’s largest acquisition in 20 years.
McDonald's just bought tech firm Dynamic Yield — its biggest deal in more than 20 years. Here's what you need to know.
Starbucks and Barneys are among the slew of companies that have rewards programs, but some are better than others.
Find out how Starbucks became a giant in the coffee industry and how partnering with international key suppliers helps the company prosper.
NEW YORK, March 26, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Darden Restaurants (NYSE:DRI) stock is having a great fiscal 2019, and the reason is Olive Garden.Source: Mike Mozart via Flickr (Modified)Olive Garden, an Italian-restaurant chain found outside many suburban malls, represents about half of Darden's revenue, and is its fastest-growing brand. In the third quarter, its revenues were up 5.3% year-over-year to $1.13 billion, and its profits rose 9% to $247 million. Olive Garden accounted for about half the company's revenues, which came to $2.24 billion, and more than half its profit. * 7 Marijuana Stocks to Play the CBD Trend The great numbers led the stock to a rise of nearly 7% on March 21, to $116, but even that price may be reasonable for a middle-aged investor (who is, by the way, squarely in the Olive Garden market) who wants both capital gains and dividends.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOlive Garden's growth and profitability have helped make DRI stock one of the better investments of the decade. Over the last five years, DRI stock is up 156%. Compare that to Costco Wholesale's (NASDAQ:COST) gain of 114%. The quarterly dividend of Darden Restaurants stock has risen about 35%, from 55 cents per share to 75 cents. Room to GrowOlive Garden is middle-class dining that feels like fine dining, with menus that feature low-cost food items like bread sticks and pasta. But DRI has a second chain that's now doing just as well, the fine- dining restaurant called Capital Grille, where same-store sales for the third quarter were up 4.3%, in-line with Olive Garden's gain.Not everything is working for DRI stock. Same-store sales at DRI's Caribbean-themed Bahama Breeze chain fell 3.7% YoY. The SSS of Cheddar's Scratch Kitchen, a casual-dining chain featuring hamburgers and other comfort foods, were down 2.7%.A bear might say DRI stock has trouble. A bull would say it still has room to advance. The company's net earnings -- $223 million or $1.79 per share fully diluted -- cover its dividend more than twice over.TV analysts have long sung the praise of DRI, and for good reason. That dividend of Darden Restaurants stock represents a respectable yield of 2.76% for current investors, and the stock's performance over the last five years is nearly double that of Starbucks (NASDAQ:SBUX), which gets most of the industry buzz, and is up "just" 96% in that time. Listing to StarboardDarden wasn't always a big winner.Five years ago, activist investor Starboard targeted the company, criticizing the food at the Garden, and eventually gained control of DRI. Starboard brought in a new CEO, Gene Lee, who simplified the menu, stripping it back to its Italian roots, added higher-priced wines and improved its service. Starboard then took its profit in DRI stock in 2016. The success of Olive Garden and Capital Grille is now in the process of being replicated at Longhorn Steakhouse. which DRI acquired in 2007.If Cheddar's and Bahama Breeze can get the same attention that Starboard has lavished on Olive Garden, DRI could be on the path to even faster growth. That's why, even at its current price, 14 of the 26 analysts following Darden Restaurants stock have it on their buy lists. The Bottom Line on DRI StockWhat the success of Darden's indicates is that middle-class American dining tastes are becoming further upscale as the economy continues to grow.A focus on youthful exuberance, boozy drinks and simple fare like hamburgers is being replaced with a focus on white tablecloth experiences, albeit at an affordable price. Darden's success gives management room to hike the dividend of DRI stock after it reports its fourth-quarter results this summer.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dual-Class Stocks That Will Outperform * 7 Reasons Why Apple Streaming Won't Move the Needle for Apple Stock * 7 A-Rated Stocks to Buy in the Second Quarter Compare Brokers The post Why Darden Restaurants Stock Can Keep Winning appeared first on InvestorPlace.
Domino's (DPZ) international growth continues to be strong and diversified across markets, courtesy of exceptional unit level economics.
Chick-fil-A is once again testing its luck with kale as the company extends its reach further into the vegetarian and vegan demographic.
- Q4 share repurchases increased 62.8% year-over-year to a record $223.0 billion - This is the fourth consecutive quarterly record -- longest streak in the 20 years SPDJI has tracked - Total 2018 buybacks ...
A Thai restaurant is headed to the former Artisan's Table location at 22 E. Pine St. The eatery, called Mai Thai, is expected to open in May in the 4,500-square-foot ground floor location, said Janet Galvin, co-founder of Orlando-based Archon Commercial Advisors, who represented the landlord in the deal. The ownership group of the Orlando restaurant chain Chai Thai Cuisine is behind the Mai Thai concept. This will be the first location for Mai Thai, while Chai Thai has three area locations: SoDo, Belle Isle and Hunter's Creek.
Benzinga has examined prospects for many investor favorite stocks over the past week. Bullish calls included some big names that American consumers love. And bearish calls included some embattled industry ...
Paying capital gains tax on everyday expenses is not appealing to many, so it’s understandable that there is some concern around the soon-to-be launched Bakkt solution. Amongst other things, the Intercontinental Exchange (ICE) venture would provide Bitcoin-to-fiat conversions for businesses simplifying exchanges between merchants and consumers. As merchant adoption goes, the Bakkt offering appears ideal: it would enable integrating businesses to accept crypto without needing to worry about properly understanding ,or even handling it. The company’s partnership with Starbucks means that before long, cryptocurrency enthusiasts will be able to spend their coins at their local coffee shop. A brief primer on cryptocurrency and tax law In the US, cryptocurrency is treated as property for the purposes of taxation. This means The post No, Starbucks accepting crypto is NOT a tax nightmare appeared first on Coin Rivet.
Chinese coffee start-up Luckin Coffee is opening thousands of stores a year and wooing customers with big discounts. But that might help Starbucks in the long run.
More than a year after exchange operators introduced Bitcoin futures and hedge funds scrambled to get in on the game, most of the marquee projects and services have yet to launch or have been rolled out to select clients
The Chinese coffee chain Luckin is preparing to go public. Bernstein says U.S. firms should expect margin-crunching competition in the world’s most populous country.
I'm a huge sports fan. Always have been. I'm an even bigger fan of making money (and that's saying something). We're smack in the middle of a great time for both at once -- thanks to some great news for gaming stocks.In terms of sports, the NBA and NHL playoffs start in just a few weeks. Major League Baseball's spring training is in "full swing" (sorry, couldn't resist). In fact, I'm writing to you from Florida, where I'm catching a few Philadelphia Phillies' practices and games.And to top it all off… the 2019 NCAA basketball tournament just got under way. You've also heard it called "March Madness," and that brings us to investing.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMore than 40 million people were expected to fill out those famous brackets - picking winners round-by-round all the way through the championship. From those little office pools to big-time bets elsewhere, nearly 20% of adults in the U.S. are expected to bet on the tournament. The American Gaming Association (AGA) estimates that about $8.5 billion in total will be wagered on the tournament, which puts it up with the Super Bowl as the most bet on sports events each year.This year's tournament marks a landmark shift, especially for gaming stocks. It is the first time in its 80-year history when betting on it is legal outside of Nevada. * 7 Beaten-Up Stocks to Buy as They Reverse Course Similar to marijuana, the wave of legalized sports betting is building since a Supreme Court decision last May left the question of sports betting up to individual states. It hasn't taken long for several to jump on board in just the last 10 months. In addition to Nevada, sports betting is now legal in New Jersey, Pennsylvania, West Virginia, Rhode Island, Delaware, Mississippi and New Mexico.I realize eight states do not make a wave, but this is just the beginning. More than 20 other states are at least considering legalization. In less than a year, more than half of all states have either jumped on the sports betting bandwagon or are thinking about it.A wave of legalization is powerful on its own, but there's more to the story. In addition to more states allowing sports betting, the ways people can bet and the types of bets available are also about to explode. The Great American Sports Betting BoomAny time the government opens up a huge new market, investors can win very big. That's true now for gaming stocks.Not convinced? Just look at marijuana.Last fall, Canada legalized cannabis throughout the entire nation. More and more U.S. states are doing the same, even though it is technically illegal on the federal level. (Just wait until that changes!)Thanks to this wave of marijuana legalization, sales in the United States and Canada are growing at more than 20% per year… and will do so for many years. The legal marijuana industry is set to grow 10-fold over the coming decade.This will create massive new markets and stock winners. Actually, it already is.At Matt McCall's Investment Opportunities, marijuana stocks have surged 58% on average just since the beginning of the year. One is up more than 156%. Another is up 98.5%. Two more have gained over 70%. All in less than three months.Another government action - the Supreme Court ruling last May - opened the door to legal sports betting. It will take a little longer to unfold state by state, but this is also a huge opportunity still in its early stages.Let's look at some numbers. If you can grasp the significance of these, you'll be well on your way to making a fortune with gaming stocks in the Great American Sports Betting Boom.In 2017, the last full year before the Supreme Court's decision, Nevada was the only state that allowed sports gambling. A total of $4.87 billion was wagered legally in that state. But that paled in comparison to the estimated $150 billion that was bet illegally. About 30 times more money was bet illegally than legally.As more states come on board, there is no doubt that a large percentage of those illegal bets will move over to legal channels. Eilers & Krejcik Gaming, a boutique research firm specializing in the gaming and technology sector, sees annual gaming revenue of $6 billion in the U.S. by 2023. That's based on 32 states legalizing sports gambling, which seems more than reasonable over the next four years. One Gaming Stock to Get You StartedLike marijuana, the sports betting market is being created in large measure thanks to government actions. Also like marijuana, the opportunity is made even more exciting by the various ways to profit from it. There are a number of gaming stocks that can succeed and take a big piece of the growing sports gambling pie.The most obvious would be the casinos, which can easily add a sportsbook and attract gamblers who are already on their properties.Plus, technology is needed to power the gambling experience on land and on mobile devices. In the coming years, the majority of wagers will be placed via apps. You want to own companies that are at the forefront of this technology.Then there are the leagues and the teams themselves. One company that encompasses many of these opportunities is William Hill (OTCMKTS:WIMHY). You may not be familiar with the name, but in London there are more William Hill betting stores than there are Starbucks (NASDAQ:SBUX) or McDonald's (NYSE:MCD) locations.As cool as that is, I'm more interested in how aggressively this leading betting and gaming stock is going after the U.S. market. William Hill has already expanded into six of the eight states where sports betting is legal, and we know there is more to come.William Hill has also already partnered with a few professional teams, from the minor leagues to the big leagues, including the NHL's Las Vegas Golden Knights and New Jersey Devils. This trend should continue and include more of the largest franchises in the world.It also opens the door for something I expect will be a big boost to the company and sports betting itself: in-game wagering. Simply open an app on your phone and place your bet as the game is going on. Which player will score the next goal? Who will commit the next foul? To stick with the sports theme, this is a slam dunk. Sports fans will love this.William Hill has a big advantage with its well-established app, name recognition, and loyalty among gamblers. Its sportsbook app has been downloaded more than 2.5 million times from Apple's (NASDAQ:AAPL) App Store.I recommend William Hill in my Investment Opportunities service. We're down since I added it last July. But honestly, that makes it an even better buy for you, reading this today. A lot of the sports betting/gaming stocks have been off to a slow start, but looking out over the long term, I expect it to climb much higher as legalized sports gambling spreads.That's a bet I expect to pay off big time.The thing I love best about sports betting is that it's a big investing theme that gives us multiple ways to make money. So is the spreading legalization of marijuana.As the cannabis market explodes, more and more companies are coming public. Please don't rush out and buy them! There's some homework to do first. Make sure the fundamentals back up the hype. And the timing has to be right.That's all part of my Cannabis Cash Calendar system, which I designed specifically for marijuana IPOs. The early results are impressive: Overall, our marijuana stocks have surged 58% on average in less than three months. One of our biggest gainers is a stock that recently went public. We're up more than 85% since we bought it in early December.I already have the date circled for my next recommendation -- just two weeks away, on April 4.You can get exclusive access to it as soon as it's released to my Investment Opportunities readers. Click here to learn more about this opportunity and how to get on the list to be notified.Even if you don't know a thing about the marijuana markets… even if you've never bought a stock before. You could take just a small stake, and potentially multiply it over the next 12 months. Click here to learn more about this incredible story.Matthew McCall is the founder and president of Penn Financial Group, an investment advisory firm, as well as the editor of Investment Opportunities and Early Stage Investor. He has dedicated his career to getting investors into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA), +1,044% in Tesla (TSLA), +611% in Liquefied Natural Gas Limited (LNGLY), +324% in Bitcoin Services (BTSC), just to name a few. If you're interested in making triple-digit gains from the world's biggest investment trends BEFORE anyone else, click here to learn more about Matt McCall and his investments strategy today. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks That Will Continue to Rebound in 2019 * 5 Stocks To Buy for the Happiest Employees * 7 ETFs for a Millennial Portfolio Compare Brokers The post What Do Gaming Stocks and Marijuana Stocks Have in Common? appeared first on InvestorPlace.
The Starbucks-Nestlé $7.15 billion agreement to sell Starbucks branded consumer and food-service products was the second-largest deal for a Washington company in 2018.
Investors are increasingly seeing sustainable practices as strategic for positive returns, according to business leaders who spoke Thursday at CNBC's Managing Asia: Sustainable Entrepreneurship conference in Kuala Lumpur, Malaysia. Sunny Verghese, CEO of global commodity giant Olam, said his employees feel better and proud to work for a company with values, and that translates into better productivity. Many investors now see sustainable practices as strategic for positive returns in the long run, business leaders said on Thursday.
Restaurant Brands International CEO Jose Cil chats with Yahoo Finance about the future of Popeyes, Burger King and Tim Horton's.