PZZA The Latest Test Menu Items from Papa John’s U.S. are Epic

By Mark Kalinowski Published on May 19, 2020 at 12:00 AM

Get ready for more innovation from Papa John’s (PZZA; Buy, $78.11) — we have learned that Papa John’s U.S. is testing several varieties of “Epic Stuffed Crust Pizzas” in at least one test market (Indianapolis). We believe there is a chance that one or more stuffed crust pizzas could receive a nationwide rollout by the end of 2020.

SBUX (Post-Call) Fiscal Q1 Healthy, But Coronavirus Afflicting Fiscal Q2

By Mark Kalinowski Published on January 28, 2020 at 12:00 AM

After today’s (Tuesday’s) market close, Starbucks (SBUX; Buy) reported fiscal Q1 2020 (= calendar Q4 2019) adjusted EPS of $0.79, surpassing our $0.75 forecast and sell-side consensus (according to Consensus Metrix) of 0.76. U.S. same-store sales growth of +6% exceeded our +5% projection and sell-side consensus of +5%. Worldwide same-store sales advanced by +5%, matching our estimate and consensus.