BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[CKE Restaurants beats expectations despite a 13% earnings drop]]>http://www.bloggingstocks.com/2009/06/25/cke-restaurants-beat-expectations-despite-a-13-earnings-drop/http://www.bloggingstocks.com/2009/06/25/cke-restaurants-beat-expectations-despite-a-13-earnings-drop/http://www.bloggingstocks.com/2009/06/25/cke-restaurants-beat-expectations-despite-a-13-earnings-drop/#commentsFiled under: ,

Restaurant operator CKE Restaurants (NYSE: CKR) reported first-quarter earnings of 26 cents per share after the closing bell yesterday. While the results were five cents shy of last year's results, they topped the consensus estimate by a penny per share. Quarterly revenue totaled $446.8 million, far better than the Street's estimate calling for $343.1 million.

The company also announced that same-store sales dropped 5.2% during the latest four-week period. At the company's Carl's Jr. restaurants, sales dropped 7.1%, while Hardee's saw a drop of 2.7%.

Continue reading CKE Restaurants beats expectations despite a 13% earnings drop

CKE Restaurants beats expectations despite a 13% earnings drop originally appeared on BloggingStocks on Thu, 25 Jun 2009 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Carls Jr.CarlsJr.cke restaurantsCkeRestaurantsCKReatingeating outEatingOutfast foodFastFoodHardeesinthenewsrestaurantsThu, 25 Jun 2009 12:30:00 EST<![CDATA[Slowing sales at P.F. Chang's China Bistro]]>http://www.bloggingstocks.com/2007/04/04/slowing-sales-at-p-f-changs-china-bistro/http://www.bloggingstocks.com/2007/04/04/slowing-sales-at-p-f-changs-china-bistro/http://www.bloggingstocks.com/2007/04/04/slowing-sales-at-p-f-changs-china-bistro/#commentsFiled under: , ,

Other than the occasional (okay, fairly frequent) lunchtime or late-night trek to Taco Bell -- a unit of Yum! Brands (NYSE: YUM) -- I'm generally not a huge fan of chain restaurants. Most are very good at what they do, but when I'm dining out with friends or family, I typically prefer something off the beaten path.

One exception to this, however, is the upscale Asian dining spot P.F. Chang's China Bistro (NASDAQ: PFCB). If I may suggest, the steamed dumplings and garlic noodles border on culinary perfection.

PFCB shouldn't need much of a PR blitz from me, however; the waits are always long, any day of the week, and the reviews are generally of the rave variety. And yet, March same-store sales dropped 3.0% at the eatery's benchmark China Bistro locations and edged 0.5% higher at its Pei Wei restaurants. For the quarter, China Bistro same-store sales dropped 2.5% while Pei Wei sales rose 0.5%. Total revenue for the quarter ended April 1 rose to $264.4 million, up 15.6% from year-earlier levels but below analysts' expectations of $268.2 million.

On the heels of this news, PFCB shares have dropped more than 5%, dipping back below their 10-day and 20-day moving averages.

Beth Gaston Moon is an analyst at Schaeffer's Investment Research.

Slowing sales at P.F. Chang's China Bistro originally appeared on BloggingStocks on Wed, 04 Apr 2007 16:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>eatingp.f. chang'sp.f. chang's china bistroP.f.Chang'sP.f.Chang'sChinaBistropei weiPeiWeiPFCBrestaurant businessRestaurantBusinesssame-store salesSame-storeSalesYUMWed, 04 Apr 2007 16:30:00 EST<![CDATA[Eating lunch at your desk: sign of the hard worker, or 'too familiar'?]]>http://www.bloggingstocks.com/2007/02/19/eating-lunch-at-your-desk-sign-of-the-hard-worker-or-too-fami/http://www.bloggingstocks.com/2007/02/19/eating-lunch-at-your-desk-sign-of-the-hard-worker-or-too-fami/http://www.bloggingstocks.com/2007/02/19/eating-lunch-at-your-desk-sign-of-the-hard-worker-or-too-fami/#commentsFiled under: , , ,

Even though I work from home, I often eat at my desk; and I'd say I gobbled down breakfast, lunch and dinner at my desk many a day while working in previous jobs as an investment banker and a dotcom wonk. And while I've heard many critics of long lunches I've never, not once, heard a criticism of the keyboard-accessorized lunchtime.

Until this weekend, when the Sunday New York Times took up the subject. Stephen Viscusi (owner of a Manhattan headhunting firm) finds it not just annoying and occasionally smelly but "too familiar." Next thing you know, Stephen, your employees will be putting pictures of their spouses on their desks and talking about how cute their new babies are. Or, YIKES, seeing one another outside the workplace. I mean, really. You'd hate to have familiarity at the office!

Putting aside the germiness of the average desk, really, how does it affect a person's economic output? Assuming you're not able to bill hours for lunches and you're not chatting up clients, which is more effective: eating out or dining al desko?

Continue reading Eating lunch at your desk: sign of the hard worker, or 'too familiar'?

Eating lunch at your desk: sign of the hard worker, or 'too familiar'? originally appeared on BloggingStocks on Mon, 19 Feb 2007 20:09:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>at your deskAtYourDeskeatingeating ineating lunchEatingInEatingLunchlunchlunch at your deskLunchAtYourDeskworkspaceMon, 19 Feb 2007 20:09:00 EST