After today’s (Wednesday, July 29th’s) market close, Starbucks reported fiscal Q3 (calendar Q2) adjusted EPS of $0.85. This was easily better than our $0.70 projection, and was also above sell-side consensus (according to Consensus Metrix) of $0.66.
After today’s (Wednesday, July 29th’s) market close, Chipotle Mexican Grill reported adjusted second-quarter earnings per share of $0.33. This was one cent ahead of our $0.32 forecast and sell-side consensus (according to Consensus Metrix) of $0.32.
After today’s (Tuesday, July 28th’s) market close, The Cheesecake Factory reported adjusted Q2 EPS reached $1.44. This was easily ahead of our $1.15 forecast and sell-side consensus (according to Consensus Metrix) of $1.18. We calculate that the adjusted Q2 tax rate amounted to 10.5%, more favorable than our 13.0% forecast and consensus of 13.0%. By our math, the better-than-anticipated tax rate helped Q2 EPS by about +4 cents.
McDonald’s plans to release its second-quarter earnings before the market open on Tuesday, August 4th. Ahead of that, we publish part two of our two-part, proprietary McDonald’s Franchisee Survey today. For part one, click on:
McDonald’s plans to release its second-quarter earnings before the market open on Tuesday, August 4th. Ahead of that, we publish part one of our two-part, proprietary McDonald’s Franchisee Survey today.
Earlier today (Monday, July 20th), Domino’s reported second-quarter EPS of $4.07. This was below our $4.30 forecast, and also below sell-side consensus (according to Consensus Metrix) of $4.18. However…