Restaurant Industry Announces Sales Results, Dividends, New Branches and International Expansions - Research Report on McDonald's, Chipotle, The Cheesecake Factory, Brinker, and Buffalo Wild Wings
NEW YORK, September 2, 2013 /PRNewswire via COMTEX/ --
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Today, Analysts' Corner announced new research reports highlighting McDonald's Corp. (NYSE: MCD), Chipotle Mexican Grill, Inc. (NYSE: CMG), The Cheesecake Factory Incorporated (NYSE: CAKE), Brinker International Inc. (NYSE: EAT), and Buffalo Wild Wings Inc. (NASDAQ: BWLD). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
McDonald's Corp. Research Report
On August 8, 2013, McDonald's Corp. (McDonald's) reported its July 2013 comparable sales, which increased 0.7% YoY. The Company reported that the US comparable sales increased by 1.6% compared to a decrease of 0.1% in July 2012; Europe comparable sales decreased by 1.9% compared to a decrease of 0.6% in July 2012; and APMEA comparable sales declined 1.9% compared to a decrease of 1.5% in July 2012. McDonald's also stated that it plans to release its August 2013 sales on September 10, 2013 at 7:00 a.m. ET. President and CEO Don Thompson, commented, "McDonald's Plan to Win and our three global growth priorities to optimize the menu, modernize the customer experience and broaden accessibility to Brand McDonald's continue to serve as our strategic roadmap - keeping us focused on delivering great-tasting, affordable meals in modern restaurants. In July, we delivered modest global comparable sales growth, relatively in-line with our expectations. Looking ahead, we remain focused on building market share and strengthening our position as our customers' favorite place and way to eat and drink." The Full Research Report on McDonald's Corp. - 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/b283_MCD]
Chipotle Mexican Grill, Inc. Research Report
On August 13, 2013, Chipotle Mexican Grill, Inc. (Chipotle) announced that the Company has not changed its standards for responsibly raised beef. According to the Company, Chipotle's meats come from animals that are never given antibiotics or added hormones. In addition, Chipotle stated that although the Company considered new protocols, including one that would allow animals to be treated with antibiotics only when necessary for their continued health, that protocol has not been implemented. Chipotle further informed that its current protocol allows the use of antibiotics to treat sick animals, but those animals must be removed from Chipotle's supply. Chipotle is currently evaluating if this strict "never-ever" antibiotic protocol is best for the animals, or whether animals can be treated when necessary and allowed to remain in the herd. According to the Company, in 2012 alone, Chipotle served more than 120 million pounds of responsibly raised beef, pork and chicken and while it is inevitable to experience shortages of responsibly raised meats, the Company also posts notices so its customers are aware of the change. The Full Research Report on Chipotle Mexican Grill, 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/b0e3_CMG]
The Cheesecake Factory Incorporated Research Report
On August 28, 2013, The Cheesecake Factory Incorporated (The Cheesecake Factory) announced the opening of its newest restaurant in San Juan, Puerto Rico at Plaza Las Américas shopping center, making it the Company's first restaurant in Puerto Rico. The Company stated that the opening signifies exciting new choices for Plaza Las Américas shoppers and area residents, with a menu that consists more than 250 items of 50 lower calories SkinnyLicious selections, and over 50 signature cheesecakes. The 10, 000 square-foot Plaza Las Americas location features French limestone floors and decorative columns, hand painted murals, contemporary lighting and an abundance of cherry wood, and can accommodate 305 guests. The Full Research Report on The Cheesecake Factory Incorporated - 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/5f10_CAKE]
Brinker International Inc. Research Report
On August 22, 2013, Brinker International Inc. (Brinker) announced that its Board of Directors approved quarterly dividend of $0.24 per share on the common stock, representing a 20% increase in the Company's quarterly dividend. It is said that the increased dividend will be payable on September 26, 2013 to shareholders of record as of September 6, 2013. Brinker also stated that its Board of Directors has authorized an additional $200 million in share repurchases, bringing the total outstanding share repurchase authorization to approximately $480 million as of the date of the announcement. The Full Research Report on Brinker International 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/aeda_EAT]
Buffalo Wild Wings Inc. Research Report
On August 28, 2013, Buffalo Wild Wings Inc. (Buffalo Wild Wings) announced that the Company intends to expand to the Philippines. The Company stated that it has signed a development agreement with The Bistro Group, one of the country's premier restaurant operators to open restaurants later in 2013. Buffalo Wild Wings informed that the construction on restaurants is scheduled to begin in 2013, with restaurants planned for Makati City and the Manila area. President and CEO Sally Smith, said, "We are thrilled to continue our international expansion to the Philippines with The Bistro Group, and bring our wings, beer and exciting sports experience to even more Guests across the globe. The Philippines have passionate sports fans, who we believe will love the great atmosphere at Buffalo Wild Wings, as well as enjoy a menu filled with our classic hot fresh wings, and local favorites." The Full Research Report on Buffalo Wild Wings 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/19d9_BWLD]
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