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- Kroger Q3: Earnings Miss on Economic Woes
- Zacks.com submits: Amid a crumbling economy, plagued by heavy job losses and waning consumer discretionary spending, Kroger Company KR reported lower than expected third-quarter 2009 results, dragging the shares down by 11.9% to close at $20.13 on Dec 8, 2009. Kroger’s quarterly earnings of 27 cents a share,...
- External links 2009-12-09
- Yum Confirms 2009 Earnings Outlook
- Zacks.com submits: Yum! Brands Inc. YUM, the parent of the KFC, Taco Bell and Pizza Hut fast-food chains, reiterated its fiscal 2009 earnings per share growth forecast of 12%, excluding one-time items, helped by commodity deflation, lower effective tax rate and the addition of 1,400 new units in...
- External links 2009-12-09
- Casey & General Stores Outperforms Despite Market Turmoil
- Zacks.com submits: Casey & General Stores CASY has been trading ahead of the broader market amid recent turmoil and over the long-term. While grocers and food retailers have been slowing down, convenience stores like CASY have been outperforming. CASY has been consistently outperforming the Dow Jones DIA, S&P...
- External links 2008-10-20
- Medifast: Record Q2 Sales, Optimistic Q3
- Zacks.com submits: Medifast, Inc. MED is growing quickly as diet, health and fitness programs stay hot even in a slowing economy. Revenues rose 25% in the second quarter and the company recently said third quarter financials look strong. The company has a forward P/E of 9.97. Company Description...
- External links 2008-10-20
- Yum! Brands Delivered Tasty Q3 Earnings
- Zacks.com submits: Yum! Brands, Inc. YUM delivered earnings per share that were, on average, 7.6% ahead of consensus estimates over the past 5 straight quarters. Analysts are forecasting 13% growth in earnings for the 2008 year, versus 2007. Company Description by Zacks.com
- External links 2008-10-28
- Varian Medical Systems: Earnings Surprise, New Cancer Treatment Technology
- Zacks.com submits: Varian Medical Systems, Inc. VAR just reported another earnings surprise along with increased revenue. The company also released its newest technology for cancer treatment. Varian Medical Systems, Inc. is the world's leading supplier of equipment and software for treating cancer. The company is also a premier...
- External links 2008-11-06
- Flowers Foods Delivers Tasty Q3 Earnings
- Zacks.com submits: Flowers Foods, Inc. FLO recently announced third-quarter earnings of 29 cents per share, surpassing the previous year’s 24 cents and beating the consensus estimate by a penny. Sales jumped 21% on a year-over-year basis. Company Description by Zacks.com
- External links 2008-11-13
- Carters, Inc.: Stock Price Rally Wearing Well
- Zacks.com submits: Carters, Inc. CRI is distinguishing itself from its retail brethren as its share price continues to rally in response to strong quarterly results and steady earnings estimates. Company Description by Zacks.com
- External links 2008-12-10
- Surviving the Recession: Hotel Industry Hibernation Strategies
- Zacks.com submits: As the recession continues, hotel companies that are able to limit the degree to which room rates are discounted will be in the best position to benefit once the economic environment improves. OUTLOOK by Zacks.com
- External links 2008-12-31
- Starwood Climbs on Zell News
- Zacks.com submits: Shares of Starwood Hotels & Resorts HOT are kicking off the new year by climbing approximately 15% in Friday's trading. The jump is not related to strong occupancy trends over the holiday, however. Rather, the shares have rallied after it was revealed that the company had...
- External links 2009-01-04
- Peanut Butter Recall Shouldn't Affect Consumer Staples Stocks
- Zacks.com submits: The FDA is investigating a peanut paste supplier, Peanut Corporation of America, in connection with a fatal outbreak of salmonella contamination that has hospitalized at least 90 persons and is being blamed for six deaths. Salmonella are bacteria that cause diarrhea, cramping, and fever. The FDA...
- External links 2009-01-21
- Notes on the Census Bureau's January Retail Sales Report
- Zacks.com submits: This morning, the Census Bureau reported retail sales for January. January total retail and food service sales came in at $345 billion, an increase of 1% from December 2008. This was a pleasant surprise in light of December 2008 sales being revised downward by 0.3% to...
- External links 2009-02-12
- Are Cosi and Jamba Juice Going Extinct?
- Zacks.com submits: Negative cash flow and a threadbare balance sheet makes survival challenging for some restaurant operators.As the recession deepens, cash flow tumbles and credit tightens, the restaurant industry is right-sizing excess capacity that was added to satiate shareholders' thirst for growth. by Zacks.com
- External links 2009-03-12
- Darden Surges on Positive Earnings Report
- Zacks.com submits: The latest financial results from Darden Restaurants DRI reflect the durability of strong brands and superior management, even in a recession.Darden shares surged 17% yesterday after the casual dining operator reported fiscal 3Q09 earnings on Tuesday that were not as bad as expected, and dramatically improved...
- External links 2009-03-19
- Cost Plus: Misses by a Wide Margin
- Zacks.com submits: Cost Plus Inc. CPWM is a leading specialty retailer of home furnishings. Fourth-quarter sales were slightly above our forecast, but the company's EPS missed our estimate by a wide margin. Cost Plus reported a net loss of $0.19 per share vs. our estimate of a net...
- External links 2009-03-23
- General Mills Divests Dough to Make Dough
- Zacks.com submits: Managements of food companies are constantly assessing the growth potential and profitability of their portfolios of products in order to ensure that their companies have the operating and financial attributes for sustainable growth.In that vein, General Mills, Inc. GIS announced an agreement to sell a portion...
- External links 2009-03-25
- Burger King Not Having Its Way
- Zacks.com submits: Waning traffic is threatening to derail Burger King’s BKC turnaround. Investors were pummeling shares of the fast food operator yesterday -- down 17% -- after it reported preliminary earnings for fiscal 3Q09, ending March 31. Although EPS is expected to be in the range of $0.33...
- External links 2009-04-16
- Marriott Rally Unwarranted
- Zacks.com submits: Yesterday’s strength in shares of Marriott International MAR was unwarranted, in our opinion, and we would use the rally as a selling opportunity.Shares of Marriott rose more than 12% yesterday after the company reported first-quarter results that exceeded Street expectations. The results were $0.11 above our...
- External links 2009-04-24
- Wendy's/Arby's Reports Mixed Q1
- Zacks.com submits: By: Ann Northrop, CFA The sinking economy necessitates that restaurants adapt to survive. First quarter financial results at Wendy's/Arby's Group Inc. WEN indicate Wendy's is adapting well to the lean times, attracting cash-squeezed consumers with a "Value Trio" of 99-cent sandwiches. However, Arby's $5.95 bundling value...
- External links 2009-05-08
- McDonald's Chews Up Competition with April Sales Surge
- Zacks.com submits: By: Ann Northrop, CFA It appears that McDonald's Corporation MCD is not only taking share from casual dining restaurants, it's taking share from its fast-food competitors as well. by Zacks.com
- External links 2009-05-11
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