By Ryan D. Lavender
Published on April 5, 2021 at 4:58 PM
With this report, we increase our Q1E U.S. same-store sales forecast for McDonald’s by +190 basis points, to +12.2%. According to Consensus Metrix data, this becomes the new “high on the sell-side forecast.” Sell-side consensus is presently at +9.7%.
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By Ryan D. Lavender
Published on April 5, 2021 at 4:54 PM
With this report, we increase our Q1E U.S. same-store sales forecast for Wendy’s by +150 basis points, to +11.5%. According to Consensus Metrix data, this becomes the new “high on the sell-side forecast.” Sell-side consensus is presently at +10.0%.
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By Ryan D. Lavender
Published on January 31, 2021 at 3:10 PM
In a document dated January 28th filed with the SEC, privately-held Roark Capital indicates that it plans to raise $5 billion for its latest fund, Roark Capital Partners VI (T) LP. Roark already owns 20+ restaurant concepts, and that excludes its strategic investment in The Cheesecake Factory (CAKE; Neutral, $44.97). What restaurant concept or concepts might Roark acquire next?
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