Wednesday April 3, 2024, 10:06:04
Over the course of this week, we have previously published notes detailing menu-price increases at 25 Chipotle Mexican Grill restaurants in California, 20 Starbucks locations in California, and 25 Taco Bells in California. Those notes are available at:
Thursday February 15, 2024, 10:22:58
Earlier today (Thursday), Wendy’s reported Q4 2023 adjusted EPS of $0.21. This was short of our $0.24 forecast, and also below sell-side consensus (according to Consensus Metrix) of $0.23.
Monday January 29, 2024, 07:15:00
We believe that January has proven a tough month as regards same-store sales for a wide swath of the restaurant industry, including the quick-service burger sector. Based on our conversations with industry contacts, bad weather – lapping a mild winter from one year ago – clearly seems to be the #1 reason behind the challenged January sales trends. As of today, it’s possible that February could prove to be similarly challenged.
Wednesday July 24, 2024
Tuesday July 23, 2024
Wednesday July 24, 2024
Tuesday July 23, 2024