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[California Pizza Kitchen: Sideways Action Continues]]>http://www.bloggingstocks.com/2011/03/22/california-pizza-kitchen-sideways-action-continues/http://www.bloggingstocks.com/2011/03/22/california-pizza-kitchen-sideways-action-continues/http://www.bloggingstocks.com/2011/03/22/california-pizza-kitchen-sideways-action-continues/#commentsFiled under: ,

California Pizza Kitchen (CPKI), which I first discussed here on May 16, 2009, at a price of $13.53, continues to exhibit sideways action at or near $16.50. But I still like the business model at this stage. Here's why.

In 2011, CPKI's performance should improve as the U.S. economic recovery progresses. Look for same-store sales (in this case, restaurants) to rise about 2% to 2.5%, after a 3.3% decline in 2010.

Continue reading California Pizza Kitchen: Sideways Action Continues

California Pizza Kitchen: Sideways Action Continues originally appeared on BloggingStocks on Tue, 22 Mar 2011 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>California Pizza Kitchencpkifeaturedinthenewspizzarestaurant stocksrestaurantsTue, 22 Mar 2011 09:30:00 EST<![CDATA[Take a Look at OpenTable]]>http://www.bloggingstocks.com/2011/03/10/take-a-look-at-opentable/http://www.bloggingstocks.com/2011/03/10/take-a-look-at-opentable/http://www.bloggingstocks.com/2011/03/10/take-a-look-at-opentable/#commentsDespite the broader markets trading down sharply today, OpenTable shares traded higher.

Initializing a position at this point could be very risky, as the stock tends to move in big swings. However, the strength being demonstrated is very impressive, and shareholders do have the potential to be considerably rewarded.

Continue reading Take a Look at OpenTable

Take a Look at OpenTable originally appeared on BloggingStocks on Thu, 10 Mar 2011 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>OpenTablerestaurantsThu, 10 Mar 2011 17:00:00 EST<![CDATA[Wendy's/Arby's Group May Sell Arby's]]>http://www.bloggingstocks.com/2011/01/20/wendys-arbys-group-may-sell-arbys/http://www.bloggingstocks.com/2011/01/20/wendys-arbys-group-may-sell-arbys/http://www.bloggingstocks.com/2011/01/20/wendys-arbys-group-may-sell-arbys/#commentsFiled under: ,

It appears that Wendy's/Arby's (WEN) is about to have a roast beef sale. The company announced this morning that it is considering selling the struggling Arby's chain in order to focus more on the Wendy's hamburger chain.

Both sides of the company's eateries, Wendy's and Arby's, have seen sales slump, but Arby's has had the most problems thanks mainly to sandwiches that can cost more than five bucks. With such a price tag , those sandwiches weren't selling wel in the current economic atmosphere.

Continue reading Wendy's/Arby's Group May Sell Arby's

Wendy's/Arby's Group May Sell Arby's originally appeared on BloggingStocks on Thu, 20 Jan 2011 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Arbysfast foodfeaturedinthenewsrestaurantsWENWendysThu, 20 Jan 2011 09:30:00 EST<![CDATA[Sonic Beats Earnings Estimates Despite Weak Sales]]>http://www.bloggingstocks.com/2011/01/05/sonic-reports-q1-results/http://www.bloggingstocks.com/2011/01/05/sonic-reports-q1-results/http://www.bloggingstocks.com/2011/01/05/sonic-reports-q1-results/#commentsFiled under: ,

Sonic (SONC) logoFast-food entity Sonic (SONC) closed Tuesday's regular session at a quote of $10.10. That represented a gain of a mere two pennies going into the after-the-bell earnings release. I guess investors weren't too excited by the prospects of the data.

Shares didn't do much in the extended session either, but popped about 4% at the opening bell Wednesday. For a longer-term perspective, take a look at the one-year chart. The stock seems to be doing its best to climb back to higher levels. Returning to the 52-week high of $13.11 would be nice.

Continue reading Sonic Beats Earnings Estimates Despite Weak Sales

Sonic Beats Earnings Estimates Despite Weak Sales originally appeared on BloggingStocks on Wed, 05 Jan 2011 11:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>fast foodinthenewsMCDmcdonaldsrestaurantsSONCSonicSonic earningsSonic salesWed, 05 Jan 2011 11:00:00 EST<![CDATA[McDonald's Down Today -- Time to Sell?]]>http://www.bloggingstocks.com/2011/01/04/mcdonalds-down-today-time-to-sell/http://www.bloggingstocks.com/2011/01/04/mcdonalds-down-today-time-to-sell/http://www.bloggingstocks.com/2011/01/04/mcdonalds-down-today-time-to-sell/#commentsFiled under: ,

So, McDonald's Corporation (MCD) is having a bit of trouble today getting a bid. With roughly ninety minutes left to the trading day, shares were off by 2.5% to $74.67. Volume was heavy.

What's going on? The stock has pulled back in very recent times after experiencing a great run-up; check out this chart to see what I mean. The 52-week low is $61.06 and the 52-week high is $80.94. Granted, the current selling pressure hasn't taken the company down to the depths of the yearly low, but it might be somewhat disappointing for shareholders. Is it now time to prepare for a down cycle in the equity?

Continue reading McDonald's Down Today -- Time to Sell?

McDonald's Down Today -- Time to Sell? originally appeared on BloggingStocks on Tue, 04 Jan 2011 16:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>fast foodMCDmcdonaldsrestaurantsTue, 04 Jan 2011 16:40:00 EST<![CDATA[McDonald's Earnings Rise on Beverages and International Growth]]>http://www.bloggingstocks.com/2010/10/21/mcdonalds-q3-earnings/http://www.bloggingstocks.com/2010/10/21/mcdonalds-q3-earnings/http://www.bloggingstocks.com/2010/10/21/mcdonalds-q3-earnings/#commentsFiled under: ,

McDonald'sYet again, McDonald's (MCD) has asserted itself as the Big Mac Daddy of the fast-food world, reporting that its third-quarter earnings increased 10%. Proving that it does not rely solely on hamburgers and cheeseburgers, McDonald's attributed the impressive performance to blended-ice beverages and international growth.

McDonald's pulled in an impressive $1.29 per share ($1.39 billion) during the quarter, much better than last year's same-quarter results of $1.15 per share ($1.26 billion). Quarterly revenue also increased, checking in at $6.3 billion, which is 4.3% better than a year ago.

Continue reading McDonald's Earnings Rise on Beverages and International Growth

McDonald's Earnings Rise on Beverages and International Growth originally appeared on BloggingStocks on Thu, 21 Oct 2010 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>earningsfeaturedfoodinthenewsmcdmcdonaldsMcDonalds earningsrestaurantsThu, 21 Oct 2010 12:00:00 EST<![CDATA[Chipotle Mexican Grill: Buy or Sell?]]>http://www.bloggingstocks.com/2010/09/20/chipotle-mexican-grill-buy-or-sell/http://www.bloggingstocks.com/2010/09/20/chipotle-mexican-grill-buy-or-sell/http://www.bloggingstocks.com/2010/09/20/chipotle-mexican-grill-buy-or-sell/#commentsFiled under: ,

When I discussed Chipotle Mexican Grill (CMG) back in January, I was a bit hesitant on buying the stock. If you look at the following chart, you'll notice that I was completely wrong to be even the slightest bit bearish. The company closed on Friday at $168.31, not far from the 52-week high of $170.

According to our analyst calls from last Friday, Jefferies & Co. initiated the stock with a hold rating. The question now is, should an investor agree with such a rating? A hold may not be a technical sell, but it definitely makes you think twice about buying.

Continue reading Chipotle Mexican Grill: Buy or Sell?

Chipotle Mexican Grill: Buy or Sell? originally appeared on BloggingStocks on Mon, 20 Sep 2010 09:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>chipotle mexican grillCMGfeaturedinthenewsmcdmcdonaldsrestaurantsMon, 20 Sep 2010 09:30:00 EST<![CDATA[Closing Bell: When a Loss Is a Loss (MT, MSO, CPKI, DJSP, APL, EK)]]>http://www.bloggingstocks.com/2010/07/28/closing-bell-when-a-loss-is-a-loss-mt-mso-cpki-djsp-apl-e/http://www.bloggingstocks.com/2010/07/28/closing-bell-when-a-loss-is-a-loss-mt-mso-cpki-djsp-apl-e/http://www.bloggingstocks.com/2010/07/28/closing-bell-when-a-loss-is-a-loss-mt-mso-cpki-djsp-apl-e/#commentsFiled under: ,

Yesterday was a mixed day, and today was just a down day. Durable goods were a disappointment in negative territory. Earnings were mixed. The negative bias of the Fed's Beige Book coincides with the sell-off at 2:00 PM but this still just brings in the notion that there is going to be a slow recovery, rather than any massive double-dip recession.

Here are today's unofficial closing bell levels:

Dow Jones 10,497.88 -39.81 (-0.38%)
S&P 500 1,106.13 -7.71 (-0.69%)
Nasdaq 2,264.56 -23.69 (-1.04%)

Continue reading Closing Bell: When a Loss Is a Loss (MT, MSO, CPKI, DJSP, APL, EK)

Closing Bell: When a Loss Is a Loss (MT, MSO, CPKI, DJSP, APL, EK) originally appeared on BloggingStocks on Wed, 28 Jul 2010 16:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>APLCPKIDJSPEKMTrestaurantstimiosWed, 28 Jul 2010 16:30:00 EST<![CDATA[Options Update: SPDR Homebuilders Volatility Elevated At 39]]>http://www.bloggingstocks.com/2010/07/15/options-update-spdr-homebuilders-volatility-elevated-at-39/http://www.bloggingstocks.com/2010/07/15/options-update-spdr-homebuilders-volatility-elevated-at-39/http://www.bloggingstocks.com/2010/07/15/options-update-spdr-homebuilders-volatility-elevated-at-39/#commentsFiled under:

SPDR Homebuilder (XHB) closed at $14.91. Goldman Sachs downgraded the homebuilders to neutral from buy. XHB August and September put option implied volatility was at 39, December at 40; above its 26-week average of 33 according to Track Data, suggesting larger price movement.

Panera Bread (PNRA) is expected to report Q2 EPS in late July. PNRA August put option implied volatility was at 34, November is at 37, near its 26-week average according to Track Data, suggesting non-directional price movement.

iPath S&P 500 VIX Short Term (VXX) closed up 3.72% to 25.93.

Update is by Stock Specialist Paul Foster of theflyonthewall.com

Options Update: SPDR Homebuilders Volatility Elevated At 39 originally appeared on BloggingStocks on Thu, 15 Jul 2010 08:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>housingpanerareal estaterestaurantsThu, 15 Jul 2010 08:30:00 EST<![CDATA[Sonic: A Restaurant with Risks]]>http://www.bloggingstocks.com/2010/06/25/sonic-a-restaurant-with-risks/http://www.bloggingstocks.com/2010/06/25/sonic-a-restaurant-with-risks/http://www.bloggingstocks.com/2010/06/25/sonic-a-restaurant-with-risks/#commentsThere is no question that Sonic Corporation (SONC) has arguably the most distinct business model in the quick-serve restaurant industry. However, is this enough to validate an investment in the franchise?

After lowering its outlook for the fiscal year, from between $0.55 - $0.60 to $0.50 - $0.55 per share, Sonic announced on June 21, 2010 that its earnings for the third quarter were a disappointing $0.18 per share. This figure is lower than what analysts predicted by 1 to 4 cents per share, and even includes a 3 cent tax benefit. Without including special items, this marks a year over year decline of almost 40%.

Continue reading Sonic: A Restaurant with Risks

Sonic: A Restaurant with Risks originally appeared on BloggingStocks on Fri, 25 Jun 2010 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>debtearningsearnings reportEarnings reportsfeaturedleveragemarketingrestaurantrestaurantsSonicFri, 25 Jun 2010 18:00:00 EST<![CDATA[Sonic Drops on Q3 News]]>http://www.bloggingstocks.com/2010/06/22/sonic-drops-on-q3-news/http://www.bloggingstocks.com/2010/06/22/sonic-drops-on-q3-news/http://www.bloggingstocks.com/2010/06/22/sonic-drops-on-q3-news/#commentsFiled under: , ,

Sonic Corporation (SONC) is down this afternoon by over 5%. At the time I was checking quotes on the stock, I came up with a price of $8.80. Not too encouraging for shareholders, especially considering that the volume was active.

Shares of the fast-food entity have traded in a narrow range over the last twelve months. The 52-week low is $8.07; the 52-week high is $13.11. The one-year chart shows an all-over-the-place situation; there's no smooth uptrend here. So, we need some fundamental guidance. The third-quarter report was released yesterday after the bell. What do the numbers say?

Continue reading Sonic Drops on Q3 News

Sonic Drops on Q3 News originally appeared on BloggingStocks on Tue, 22 Jun 2010 17:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>fast foodinthenewsMCDmcdonaldsrestaurantsSONCSonicYUMyum brandsTue, 22 Jun 2010 17:40:00 EST<![CDATA[Cheesecake Factory: The No-Compromise Menu Is Succeeding]]>http://www.bloggingstocks.com/2010/06/16/cheesecake-factory-the-no-compromise-menu-is-succeeding/http://www.bloggingstocks.com/2010/06/16/cheesecake-factory-the-no-compromise-menu-is-succeeding/http://www.bloggingstocks.com/2010/06/16/cheesecake-factory-the-no-compromise-menu-is-succeeding/#commentsFiled under: ,

Readers of this space know that restaurant chains are opposed, for several reasons. However, every once in a while a chain forms that exceeds the segment's lamentable cuisine offerings, and still manages to make a buck.

The Cheesecake Factory Incorporated (CAKE), first discussed here on June 25, 2009 at a price of $16.30, is one.

The best financial reason to hold on to CAKE? The U.S.'s 'frugal consumer' era has hit the restaurant sector hard, and there will be restaurant chain casualties, but Cheesecake won't be one. Don't expect anything spectacular revenue-wise from CAKE in FY2010 -- flattish to slightly higher same store sales, and only a slight increase in revenue, with most likely a grand total of three -- count 'em, three -- new restaurants opened under its upscale casual dining format.

Continue reading Cheesecake Factory: The No-Compromise Menu Is Succeeding

Cheesecake Factory: The No-Compromise Menu Is Succeeding originally appeared on BloggingStocks on Wed, 16 Jun 2010 17:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>cheesecake factoryrestaurantsWed, 16 Jun 2010 17:30:00 EST<![CDATA[Should You Add Denny's to Your Portfolio?]]>http://www.bloggingstocks.com/2010/05/10/should-you-add-dennys-to-your-portfolio/http://www.bloggingstocks.com/2010/05/10/should-you-add-dennys-to-your-portfolio/http://www.bloggingstocks.com/2010/05/10/should-you-add-dennys-to-your-portfolio/#commentsFiled under: ,

Denny's Corporation (DENN), a well-known casual restaurant chain, was up over 8% going into the company's earnings report on Monday. Volume wasn't so impressive, however. Still, now that the release is out, what should we think about the prospects for the stock?

Well, let's briefly review the progress of the shares over the last twelve months. The following chart shows an equity that's had something of a volatile run this past year. The 52-week low is $2.07, and the 52-week high is $3.99. Yep, we're talking about a single-digit price. You've got to be careful when dealing with this spectrum of investing; low-priced equities can be risky.

Continue reading Should You Add Denny's to Your Portfolio?

Should You Add Denny's to Your Portfolio? originally appeared on BloggingStocks on Mon, 10 May 2010 18:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>DENNdennysdinersfeaturedinthenewsMCDMcDonaldsrestaurantsMon, 10 May 2010 18:30:00 EST<![CDATA[Burger King: Decent Q3, but Sector Concerns Persist]]>http://www.bloggingstocks.com/2010/04/29/burger-king-decent-q3-but-sector-concerns-persist/http://www.bloggingstocks.com/2010/04/29/burger-king-decent-q3-but-sector-concerns-persist/http://www.bloggingstocks.com/2010/04/29/burger-king-decent-q3-but-sector-concerns-persist/#commentsFiled under:

At least initially, investors were impressed by hamburger chain Burger King's (BKC) beat of Wall Street's third quarter earnings estimate, 30 cents compared to the First Call estimate of 29 cents, with its shares jumping 3.5% to $21.41 on Thursday at mid-day.

Further, investors appeared to cut Burger King some slack, as the winter quarter's severe weather artificially depressed traffic. Chief Executive Officer John Chidsey said sales increased in March and were slightly higher in April, although they were still lower compared to a year ago. Burger King earned 34 cents in the third quarter of fiscal 2009.

Continue reading Burger King: Decent Q3, but Sector Concerns Persist

Burger King: Decent Q3, but Sector Concerns Persist originally appeared on BloggingStocks on Thu, 29 Apr 2010 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>burger kingfast foodfeaturedinthenewsrestaurantsThu, 29 Apr 2010 17:00:00 EST<![CDATA[Starbucks Hopes Summer Menu Heats Up Sales]]>http://www.bloggingstocks.com/2010/04/29/starbucks-hopes-summer-menu-heats-up-sales/http://www.bloggingstocks.com/2010/04/29/starbucks-hopes-summer-menu-heats-up-sales/http://www.bloggingstocks.com/2010/04/29/starbucks-hopes-summer-menu-heats-up-sales/#commentsFiled under: , , , , ,

starbucks frappucinoSeattle coffee icon Starbucks (SBUX) has been on the resurgence in 2010 after consumers fled during the Great Recession. In order to keep the profits percolating, SBUX is looking to roll out a fresh new menu of Frappucinos and iced coffee for the hot summer months.

Growth is crucial for SBUX stock now after it has weathered the worst of the economic downturn. Notable achievements over the past few months include:

  • The announcement of the first-ever cash dividend to SBUX stock owners.
  • Gains of about 220% in Starbucks shares since the 2009 lows, from $8.24 on March 9, 2009, to the mid-$26 range today.
  • Four straight earnings reports topping Wall Street forecasts, with an average earnings surprise of almost 20%.
But despite these strides, SBUX stock is still down about 33% from its 2006 peak at about $40 a share. And the coffee marketplace has become increasingly crowded in the intervening years, so returning to its lofty perch as the coffee queen is no easy task.

Continue reading Starbucks Hopes Summer Menu Heats Up Sales

Starbucks Hopes Summer Menu Heats Up Sales originally appeared on BloggingStocks on Thu, 29 Apr 2010 15:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bkcburger kingcoffeefeaturedmcdMcDonaldsrestaurantsSBUXstarbucksThu, 29 Apr 2010 15:30:00 EST<![CDATA[Closing Bell: The Gift of Recovery (CMCSA, DOW, SAP, BWLD, AOL)]]>http://www.bloggingstocks.com/2010/04/28/closing-bell-the-gift-of-recovery-cmcsa-dow-sap-bwld-aol/http://www.bloggingstocks.com/2010/04/28/closing-bell-the-gift-of-recovery-cmcsa-dow-sap-bwld-aol/http://www.bloggingstocks.com/2010/04/28/closing-bell-the-gift-of-recovery-cmcsa-dow-sap-bwld-aol/#commentsFiled under: , ,

This was a day which could have gone either way. The markets recovered this morning despite weakness in overseas markets in reaction to yesterday's S&P downgrading of Portugal and Greece credit worthiness. Today came another S&P downgrade of Spain. Then the FOMC kept rates steady and maintained its "extended period" period for that no to low rate policy.

Here were today's unofficial closing bell levels:

Dow 11,045.27 +53.28 (0.48%)
Nasdaq 2,471.73 +0.26 (0.01%)
S&P 500 1,191.36 +7.65 (0.65%)

Continue reading Closing Bell: The Gift of Recovery (CMCSA, DOW, SAP, BWLD, AOL)

Closing Bell: The Gift of Recovery (CMCSA, DOW, SAP, BWLD, AOL) originally appeared on BloggingStocks on Wed, 28 Apr 2010 16:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Ad salesAdSalesbuffalo wild wingsBuffaloWildWingscable tvchemicalsrestaurantssapWed, 28 Apr 2010 16:20:00 EST<![CDATA[Back on Fast-Food Menus: Roller Skates]]>http://www.bloggingstocks.com/2010/04/13/back-on-fast-food-menus-roller-skates/http://www.bloggingstocks.com/2010/04/13/back-on-fast-food-menus-roller-skates/http://www.bloggingstocks.com/2010/04/13/back-on-fast-food-menus-roller-skates/#commentsFiled under: , , ,

Rollerskates: they give a new meaning to "getting a burger to go," doesn't they?

Carhops on roller skates are making a comeback as Sonic (SONC) forges ahead with plans to revive wheeled waitstaff at its drive in restaurants across the U.S. Sonic is planning a new TV ad campaign that will highlight this nostalgic feature of Sonic stores that many diners may have forgotten -- or that younger customers didn't even know existed -- in an effort to reconnect with consumers.

Continue reading Back on Fast-Food Menus: Roller Skates

Back on Fast-Food Menus: Roller Skates originally appeared on BloggingStocks on Tue, 13 Apr 2010 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>fast foodfeaturedinthenewsMcDonaldsrestaurantrestaurantssoncSonicwenwendysyumTue, 13 Apr 2010 18:00:00 EST<![CDATA[Can Value Menu Turn Around Arby's?]]>http://www.bloggingstocks.com/2010/04/13/can-value-menu-turn-around-arbys/http://www.bloggingstocks.com/2010/04/13/can-value-menu-turn-around-arbys/http://www.bloggingstocks.com/2010/04/13/can-value-menu-turn-around-arbys/#commentsFiled under: , , , ,

Though it's a bit later than fast-food rivals McDonald's (MCD) and Burger King (BKC), Arby's is at last rolling out a value menu of its own. The restaurant is adding more lower-priced items to its menu including a small roast beef sandwich, curly fries and a "jamocha" shake -- and operator Wendy's/Arby's Group (WEN) is backing them with an expensive new advertising campaign.

It's part of a big push by the higher priced fast-food joint to woo back cost-conscious customers who fled the pricier restaurant for cheaper rivals during the recession. Since Arby's ownership group Triarc bought the Wendy's name in 2008, it has seen its Arby's stores stuck in a steady downward spiral -- sped up by the recession.

But will this latest gambit help, or is Arby's a dying chain?

Continue reading Can Value Menu Turn Around Arby's?

Can Value Menu Turn Around Arby's? originally appeared on BloggingStocks on Tue, 13 Apr 2010 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>arbysbkcburger kingfast foodfeaturedmcdMcDonaldsrestaurantrestaurantswenwendysyumTue, 13 Apr 2010 11:30:00 EST<![CDATA[Sonic's Q2: A Not-Too-Tasty Decline in Comps]]>http://www.bloggingstocks.com/2010/03/24/sonics-q2-a-not-too-tasty-decline-in-comps/http://www.bloggingstocks.com/2010/03/24/sonics-q2-a-not-too-tasty-decline-in-comps/http://www.bloggingstocks.com/2010/03/24/sonics-q2-a-not-too-tasty-decline-in-comps/#commentsFiled under: , , ,

I've never been to a Sonic (SONC) joint. I'm sure I would love the food; however, I can definitively state that I did not like the company's current earnings report, which was released yesterday after the bell.

For the second quarter, Sonic lost one penny per share. Last year, the business brought in 14 cents per share of positive profit, helped along by a gain of 6 cents attributable to a debt purchase. The current performance was unfortunately below estimates; the market wanted 2 cents of income to show up on the bottom line.

Continue reading Sonic's Q2: A Not-Too-Tasty Decline in Comps

Sonic's Q2: A Not-Too-Tasty Decline in Comps originally appeared on BloggingStocks on Wed, 24 Mar 2010 09:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BKCburger kingfast foodfeaturedinthenewsmcdmcdonaldsrestaurantsSONCSonicYUMyum brandsWed, 24 Mar 2010 09:00:00 EST<![CDATA[Cheesecake Factory Is Navigating the Restaurant Sector's Rough Currents]]>http://www.bloggingstocks.com/2010/03/15/cheesecake-factory-is-navigating-the-restaurant-sector-s-rough-c/http://www.bloggingstocks.com/2010/03/15/cheesecake-factory-is-navigating-the-restaurant-sector-s-rough-c/http://www.bloggingstocks.com/2010/03/15/cheesecake-factory-is-navigating-the-restaurant-sector-s-rough-c/#commentsFiled under: ,

Cheesecake Factory (CAKE), first discussed here on June 25, 2009, at a price of $16.30, has raced ahead. My initial inclination would be to take the roughly 65% gain, but several fundamentals override that stance.

The primary reason to hold on to CAKE? The U.S.'s "frugal consumer" era has hit the restaurant sector hard, and there will be many chain restaurant casualties, but I don't think Cheesecake will be one. Don't expect anything spectacular from CAKE in FY2010 -- just flattish to slightly higher same store sales -- and only a slight increase in revenue, with most likely a net zero increase in restaurants operated.

Continue reading Cheesecake Factory Is Navigating the Restaurant Sector's Rough Currents

Cheesecake Factory Is Navigating the Restaurant Sector's Rough Currents originally appeared on BloggingStocks on Mon, 15 Mar 2010 10:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Cheesecake FactoryrestaurantsMon, 15 Mar 2010 10:20:00 EST