|By PR Newswire||
|December 24, 2013 08:00 AM EST||
NEW YORK, December 24, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Darden Restaurants, Inc. (NYSE: DRI), McDonald's Corporation (NYSE: MCD), Yum! Brands, Inc. (NYSE: YUM), Chipotle Mexican Grill, Inc. (NYSE: CMG) and The Wendy's Co. (NASDAQ: WEN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Darden Restaurants, Inc. Research Report
On December 19, 2013, Darden Restaurants, Inc. (Darden Restaurants) reported its Q2 FY 2014 financial results (period ended November 24, 2013). The Company's sales increased 4.6% YoY to $2 billion during the quarter. Net earnings were $19.8 million or $0.15 per diluted share in Q2 FY 2014, compared to net earnings of $33.6 million or $0.26 per diluted share in Q2 FY 2013. Commenting on the results, Clarence Otis, Chairman and CEO of Darden Restaurants, said, "Under industry conditions that remained weaker than we had hoped, LongHorn once again delivered competitively strong same-restaurant sales results and we had continued progress at Olive Garden on both an absolute basis and relative to casual dining benchmarks. Our Specialty Restaurant Group remained firmly on track as well. However, Red Lobster's results were well below our expectations. More importantly, it is increasingly clear that Red Lobster's competitive position and priorities have diverged in very significant ways from those of the rest of our business. The separation of Red Lobster and other changes we announced earlier today will better enable both Red Lobster and Darden excluding Red Lobster to take advantage of their distinct competitive circumstances and value creation opportunities." The Full Research Report on Darden Restaurants, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
McDonald's Corporation Research Report
On December 19, 2013, McDonald's Corporation's (McDonald's) stock declined 0.82%, ending the day's session at $95.14. Over the previous three trading sessions, shares of McDonald's declined 0.32%, compared to the S&P 500 Index which gained 1.29% during the same period. The Full Research Report on McDonald's Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Yum! Brands, Inc. Research Report
On December 19, 2013, Yum! Brands, Inc.'s (Yum! Brands) stock increased 0.03%, ending the day's session at $72.75. Over the previous three trading sessions, shares of Yum! Brands declined 0.66%, compared to the S&P 500 Index which gained 1.29% during the same period. The Full Research Report on Yum! Brands, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Chipotle Mexican Grill, Inc. Research Report
On December 18, 2013, Chipotle Mexican Grill Inc. (Chipotle) reported that it has partnered with restaurateurs Bobby Stuckey and Lachlan Mackinnon-Patterson to launch a fast causal pizza concept called Pizzeria Locale. Chipotle stated that Pizzeria Locale opened its first fast casual location in partnership with the Company in May 2013, and is exploring options for second and third locations in Denver. Steve Ells, Founder, Chairman, and co-CEO of Chipotle, said, "Bobby and Lachlan are extraordinary restaurateurs who truly understand what it takes to provide an exceptional dining experience. I have known them for years and I thought their pizzeria in Boulder presented the perfect opportunity to collaborate. Opening Pizzeria Locale using a model similar to Chipotle allows us to make extraordinary pizza, made with high-quality ingredients accessible to everyone." The Company informed that Pizzeria Locale offers a menu that includes 10 classic pizzas, four American classics, or customer-created combinations from a selection of high-quality ingredients presented in an interactive service line. 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:
The Wendy's Co. Research Report
On December 13, 2013, The Wendy's Co. (Wendy's) reported that Emily Granger of Easton Maryland and Andrew Miner of East Greenwich, Rhode Island, were honored with National Winners of the 20th Annual Wendy's High School Heisman Award. The Company informed that the Wendy's High School Heisman Award, inspired by the Company's founder Dave Thomas, recognizes high school seniors, celebrates the achievements of exceptional student-athletes and provides a platform for their continued growth and success beyond high school. Archie Griffin, the only two-time winner of the Heisman Memorial Trophy to date and a long-time spokesman of Wendy's High School Heisman, said, "Just like Heisman Trophy winners, Wendy's High School Heisman winners never settle. They epitomize great ability combined with diligence, perseverance and hard work in everything they do. Congratulations to Emily and Andrew, and all of our 2013 National Finalists. Their achievements distinguish them as some of the best scholar-athletes in the nation, and we're honored to be a part of their success." The Full Research Report on The Wendy's Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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SOURCE Analysts' Corner