NEW YORK, October 17, 2016 /PRNewswire/ --
Stock-Callers.com this morning reviews the recent performances of these four Restaurants: Darden Restaurants Inc. (NYSE: DRI), Texas Roadhouse Inc. (NASDAQ: TXRH), Restaurant Brands International Inc. (NYSE: QSR), and Ruby Tuesday Inc. (NYSE: RT). According to data reported by TDn2K through The Restaurant Industry Snapshot, same-store sales growth for September fell 1.1% - a drop of 0.5% from August, and the fourth consecutive month of decline. Learn more about these stocks by downloading their free report at:
Last Friday, shares in Orlando, Florida headquartered Darden Restaurants Inc. ended the session 0.08% higher at $62.23. The stock recorded a trading volume of 861,549 shares. The Company's shares have advanced 1.09% in the last month, 0.79% in the previous three months, and 1.14% since the start of this year. The stock is trading 1.15% above its 50-day moving average. Moreover, shares of Darden Restaurants, which through its subsidiaries, owns and operates full-service restaurants in the US and Canada, have a Relative Strength Index (RSI) of 54.29.
On October 3rd, 2016, research firm Stifel reiterated its 'Sell' rating on the Company's stock with a decrease of the target price from $53 a share to $50 a share.
On October 04th, 2016, Darden Restaurants reported total sales from continuing operations increase of 1.6% to $1.71 billion for Q1 FY17. The company's diluted net earnings per share from continuing operations increased 39.7% to $0.88 and increased 29.4% from last year's adjusted diluted net earnings per share. Darden Restaurants increased its outlook for diluted net earnings per share to $3.87 to $3.97 from $3.80 to $3.90 for FY17.The free research report on DRI is available at:
Louisville, Kentucky-based Texas Roadhouse Inc.'s stock climbed 0.86%, to close the day at $38.54 with a total trading volume of 798,083 shares. The Company's shares have advanced 9.17% since the start of this year. The stock is trading 8.41% below its 200-day moving average. Additionally, shares of Texas Roadhouse, which together with its subsidiaries, operates full-service casual dining restaurants in the US and internationally, have an RSI of 30.87.
On September 29th, 2016, research firm KeyBanc Capital Markets downgraded the Company's stock rating from 'Overweight' to 'Sector Weight'.
On September 30th, 2016, Texas Roadhouse announced that it will release Q3 2016 financial results on November 1st, 2016, after the market close. A conference call will follow at 5:00 PM ET and will be webcast live from the investor relations portion of its website. The complimentary report on TXRH can be downloaded at:
Restaurant Brands Intl.
Shares in Oakville, Canada headquartered Restaurant Brands International Inc. recorded a trading volume of 1.11 million shares at the close of the last trading session, which was above their three months average volume of 823,520 shares. The stock ended the day 0.94% higher at $43.97. The Company's shares have advanced 1.61% in the previous three months and 19.00% on an YTD basis. The stock is trading above its 200-day moving average by 8.57%. Furthermore, shares of Restaurant Brands International, which owns and operates quick service restaurants under the Burger King and Tim Hortons brand names, have an RSI of 42.08.
On September 26th, 2016, research firm Longbow downgraded the Company's stock rating from 'Neutral' to 'Underperform'.
On October 11th, 2016, BURGER KING announced that its restaurants are introducing the BACON KING™ sandwich. This new permanent menu item is available at participating BURGER KING® restaurants nationwide at a recommended price of $5.99 for the sandwich and $7.99 as a small meal. Visit us today and download our complete research report on QSR for free at:
Maryville, Tennessee-based Ruby Tuesday Inc.'s shares finished Friday's session 11.31% higher at $3.15. A total volume of 2.30 million shares was traded, which was above their three months average volume of 718,830 shares. The stock has advanced 16.67% in the last one month. The Company's shares are trading above their 50-day moving average by 5.58%. Furthermore, shares of Ruby Tuesday, which together with its subsidiaries, engages in the ownership, development, operation, and franchise of casual dining restaurants in the US and internationally, have an RSI of 65.93.
On October 06th, 2016, Ruby Tuesday reported that total revenue declined 8.2% to $256.7 million in Q1 FY17, which included a net reduction of 109 company-owned Ruby Tuesday restaurants compared to Q1 FY16. Same-restaurant sales declined 2.7% following a 0.6% increase in Q1 FY16. The company's net loss in Q1 FY17 was $39.7 million, or ($0.66) per diluted share, compared to a net loss of $4.2 million, or ($0.07) per diluted share in Q1 FY16. Ruby Tuesday's restaurant level margin declined 200 basis points to 13.9%. Get free access to your technical report on RT at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA