By Mark Kalinowski
Published on November 25, 2018 at 12:00 AM
We briefly note the following tidbits regarding Papa John’s (PZZA; Buy), Taco Bell (owned by Yum Brands [YUM; Buy]), and minimum-wage laws:
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By Mark Kalinowski
Published on November 8, 2018 at 12:00 AM
We briefly note the following tidbits regarding McDonald’s (MCD; Buy), Burger King (owned by Restaurant Brands International [QSR; Not Rated]), Carrols (TAST; Not Rated), and privately-held Little Caesars:
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By Mark Kalinowski
Published on November 6, 2018 at 12:00 AM
After today’s market close, Wendy’s (WEN; Neutral) reported adjusted Q3 EPS of $0.17, above our $0.15 forecast and the sell-side consensus (as measured by Consensus Metrix) of $0.15. We attribute the EPS beat to a lower-than-expected adjusted tax rate (15.0% vs. our 24.0% forecast and consensus of 23.7%).
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