|Bid||56.520 x 800|
|Ask||56.520 x 800|
|Day's Range||56.450 - 56.920|
|52 Week Range||53.090 - 68.890|
|PE Ratio (TTM)||22.26|
|Forward Dividend & Yield||1.80 (3.16%)|
|1y Target Est||70.50|
KFC, Burger King, Dunkin’ Donuts and Velveeta are just some of the businesses cashing in on the royal wedding craze. Yahoo Finance’s Seana Smith, Myles Udland and Jen Rogers discuss.
American restaurant P.F. Chang’s is expanding into China. It just opened its first store in Shanghai. Yahoo Finance’s Alexis Christoforous speaks with P.F. Chang’s CEO Michael Osanloo.
Restaurant Brands' (QSR) focus on franchising is likely to reduce its capital requirements and facilitate earnings growth. However, intense competition remains a potential headwind for the company.
While unit expansion and menu innovation are likely to aid Zoe's Kitchen's (ZOES) revenues in the first quarter of 2018, high costs might mar earnings.
On the same day, analysts were expecting the company’s stock price to reach $18.90 in the next 12 months, which represents a return potential of 13.1%. The measures undertaken by the company’s management, such as reimaging restaurants, expanding delivery services, and innovating menus, could have prompted analysts to maintain their target price. Of the 23 analysts who follow Wendy’s, 65.2% are favoring a “buy” and 34.8% are favoring a “hold.” None of the analysts are favoring a “sell” option.
Valuation multiples help investors compare companies with similar business models. We’ve opted for the forward PE (price-to-earnings) multiple due to the high visibility in Wendy’s (WEN) future earnings. Forward PE multiples are calculated by dividing a company’s stock price from analysts’ earnings estimates for the next four quarters.
Wendy’s (WEN) posted EPS (earnings per share) of $0.08 in 1Q18. However, removing special items, the adjusted EPS stood at $0.11, versus analysts’ expectation of $0.10. Compared to 1Q17, the company’s EPS increased 22.2%.
Wendy’s (WEN) posted EBITDA (earnings before interest, tax, depreciation, and amortization) of $90.8 million in 1Q18, which represents an EBITDA margin of 23.9%, compared to 31.4% in 1Q17. However, removing advertising funds revenue, we find that the company’s adjusted EBITDA margin stood at 30.1%.
For the next four quarters, analysts expect Wendy’s (WEN) to post revenue of $1.61 billion, which represents growth of 22.2% from $1.32 billion in the corresponding four quarters of the previous year. The revenue growth is expected to be largely driven by a new accounting standard, which mandates the inclusion of fees collected from franchisees for marketing in revenue. Also, the company’s revenue is expected to be driven by positive SSSG (same-store sales growth), and the addition of new restaurants.
Wendy’s (WEN) posted SSSG (same-store sales growth) of 1.8%, with company-owned restaurants posting SSSG of 0.8% and franchised restaurants posting 1.8%.
Wendy’s (WEN) posted revenue of $380.6 million in 1Q18, which represents a rise of 33.1% from $285.2 million in 1Q17. The company’s 1Q18 revenue outperformed analysts’ revenue estimate of $379.5 million.
LONDON, UK / ACCESSWIRE / May 9, 2018 / If you want access to our free earnings report on Restaurant Brands International Inc. (NYSE: QSR) (RBI), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=QSR. The Company adopted the new revenue recognition accounting standard, effective January 1, 2018 and its FY18 financial statements reflected the application of the New Standard, while FY17 financial statements were prepared as per previous accounting standards. The Company surpassed analysts' consensus estimates for earnings as well as revenue in Q1 FY18.
A group of Canadian coffee chain Tim Horton's U.S. franchisees said on Thursday it is suing parent company Restaurant Brands International (QSR.TO), escalating growing tensions between the company and owners of its U.S. and Canadian coffee shops. The Great White North Franchisee Association-U.S. is challenging a clause in Restaurant Brands' franchise agreements that requires all disputes to be resolved in Federal Court in Miami, according to an emailed statement from the group.
Taco Bell parent Yum Brands Q1 profit that beat forecasts, amid a strong earnings season for restaurant chains overall, but mostly weak same-store sales.
Jim Chanos, the well-known short seller and the founder of Kynikos Associates, said in a recent interview that he has a short position in Dunkin’ Brands Group (DNKN).
McDonald's stock surged Monday as a new value menu helped lift first-quarter earnings and sales above Wall Street forecasts, dispelling fears it would do the opposite.
Founder and president of Kynikos Associates, Jim Chanos, is betting against two popular fast food stocks. Providing the justification for his short calls on the stocks, Chanos expressed concerns about the increasing price-to-earnings ratios of the restaurant stocks as the business continues to struggle. Following the update, shares of NYSE-listed Restaurant Brands opened around 3% lower during the pre-market hours, though they managed to pair some part of the losses and were trading at $54.50, down around 0.75% compared to Wednesday’s closing price.
Chanos reveals he's targeting four stocks in two industries: fast food and health care. He also blasts his old punching bag Tesla.
Shares of Dunkin' Brands and Restaurant Brands International (QSR), which is Burger King's parent company, are in negative territory after Jim Chanos, the investor who famously shorted Enron, told CNBC Thursday morning that he's taken short positions in both names. To support his thesis, Chanos pointed to Carrols Restaurant Group, a publicly-traded company that is Burger King's largest franchisee in the United States (it owns more than 800 restaurants). In his view, the financials of Carrols and QSR are "night and day," because "Carrols is growing revenues but at expense of margins.
At Tim Horton’s, home of the hot Double Double, things have cooled. Restaurant Brands (QSR), which also owns Burger King and Popeye’s Louisiana Kitchen, has outperformed the S&P by about 7 points since it was formed in late 2014. Tim Horton’s, a Canadian institution named for its co-founder—who, perhaps obviously, was an ice hockey star—is a big reason for that.
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The founder and president of Kynikos Associates reveals that he's betting against two fast food stocks.
Revenue growth at Burger King and Popeye's, along with favorable tax rate, favor Restaurant Brands' (QSR) first-quarter earnings.