NEW YORK, August 2, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports
highlighting Starbucks Corporation (NASDAQ: SBUX), Buffalo Wild
Wings (NASDAQ: BWLD), DineEquity Inc. (NYSE: DIN), Harris Teeter
Supermarkets Inc. (NYSE: HTSI), and BJ's Restaurants, Inc. (NASDAQ:
BJRI). Today's readers may access these reports free of charge -
including full price targets, industry analysis and analyst ratings
- via the links below.
Starbucks Corporation Research
Report
On July 25, 2013, Starbucks
Corporation (Starbucks) reported its financial results for Q3 FY
2013 (period ended June 30, 2013).
Total revenues increased 13.3% YoY to approximately $3.7 billion. Net earnings attributable to
Starbucks were $417.8 million or
$0.55 per diluted share in Q3 FY 2013
compared to $331.1 million or
$0.43 per diluted share in Q3 FY
2012. Troy Alstead, CFO of
Starbucks, said, "Our powerful Q3 results reflect the outstanding
success of our growth platforms both in the U.S. and globally, with
all regions delivering an acceleration in comparable store sales
and operating margin versus Q2. Our ability to grow income at a
pace that exceeds revenue growth clearly demonstrates the strategic
synergies we generate across our global footprint, which combined
with the diversity of our portfolio, enables consistent delivery of
excellent results." Starbucks expects full-year FY 2013 and FY 2014
EPS to be in the range of $2.22 to
$2.23 and $2.55 to $2.65,
respectively. In FY 2014 the Company also aims to open 1,400 net
new stores and expects revenue to grow between 10% and 13% YoY. The
Full Research Report on Starbucks Corporation - including full
detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/50aa_SBUX]
--
Buffalo Wild Wings Research Report
On July 30, 2013, Buffalo Wild
Wings Inc. (Buffalo Wild Wings) reported its Q2 2013 financial
results. Total revenue increased 27.8% YoY to $305 million. Same-store sales increased 3.8% YoY
at company-owned restaurants and 4.1% YoY at franchised
restaurants. Net earnings were $16.5
million or $0.88 per diluted
share compared to net earnings of approximately $11.7 million or $0.62 per diluted share in Q2 2012. Sally Smith, President and CEO of Buffalo Wild
Wings said, "We are pleased that same-store sales at both
company-owned and franchised restaurants continue to outpace the
casual dining category." She added, "We managed our controllable
expenses and saw the cost per pound of traditional wings decline
compared to last year, which benefited cost of sales." The Full
Research Report on Buffalo Wild Wings - including full detailed
breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.analystscorner.com/r/full_research_report/19d9_BWLD]
--
DineEquity Inc. Research Report
On July 30, 2013, DineEquity Inc.
(DineEquity) reported its Q2 2013 financial results. Total revenues
declined 31.1% YoY to $158.1 million.
Net income available to common stockholders was $16.6 million or $0.87 per diluted share in Q2 2013 compared to
$15.9 million or $0.88 per diluted share in Q2 2012. Julia A. Stewart, DineEquity's Chairman and
Chief Executive Officer, said, "Same-restaurant sales were positive
for both brands. In particular, same-restaurant sales at IHOP rose
1.9%, with an increase in guest traffic. Applebee's performance was
also strong in an uneven consumer environment, generating
same-restaurant sales growth of 1.3%." She added, "We are actively
managing our Shared Services model, driving cost efficiencies and
innovation for both brands. We continued to execute on our balanced
approach to return significant free cash flow to our stockholders,
paying a second quarter dividend of $0.75 per share, resulting in a very competitive
yield." The Full Research Report on DineEquity Inc. - including
full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/c06a_DIN]
--
Harris Teeter Supermarkets Inc.
Research Report
On July 30, 2013, Harris Teeter
Supermarkets Inc. (Harris Teeter)
announced that it has reached an agreement with Tresata to provide
the Company with next generation predictive analytics software.
According to the Company, the software will improve the way
Harris Teeter serves its customers
through improved functionality of its mobile app (htmobile), its
e-VIC program, as well as the newly launched Facebook application
by enhancing the user experience. The Company stated that it will
use Tresata's big analytics platform to dynamically understand its
product, customer, and channel behaviors in an effort to provide
its customers better value across its online, mobile, social and
brick mortar channels. Danna Jones,
Communication Specialist for Harris
Teeter, said, "Access to insights from this type of dynamic
intelligence software will enable us to better understand our
shoppers' buying habits as well as present us with the opportunity
to improve our level of service by giving our customers exactly
what they want when they want it." The Full Research Report on
Harris Teeter Supermarkets Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.analystscorner.com/r/full_research_report/48d5_HTSI]
--
BJ's Restaurants, Inc. Research
Report
On July 30, 2013, BJ's
Restaurants, Inc. (BJ's Restaurants) announced the opening of a new
restaurant in Orange County,
California that took place on July
29, 2013. The Company stated that the new BJ's Restaurant
& Brewhouse is located on a free standing pad at the 800,000
square foot Outlets of Orange
premier shopping center in Orange County,
California. Greg Trojan,
President and CEO of BJ's Restaurants said, "This is our 7th new
restaurant this year. We currently remain on track to open as many
as 17 new restaurants during 2013, with 10 additional restaurants
currently under construction." The Full Research Report on BJ's
Restaurants, Inc. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge
at:
[http://www.analystscorner.com/r/full_research_report/43fb_BJRI]
----
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