NEW YORK, December 12, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Papa John's International Inc. (NASDAQ: PZZA), Bob Evans Farms, Inc. (NASDAQ: BOBE), Ruby Tuesday, Inc. (NYSE: RT), BJ's Restaurants, Inc. (NASDAQ: BJRI), and Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Papa John's International Inc. Research Report
On December 9, 2013, Papa John's International Inc. (Papa John's) announced that Avan Projects Pvt. Ltd. (Avan Projects) has purchased a majority interest in Papa John's franchisee in India - OM Pizza & Eats. Papa John's reported that Avan Projects will assume the day-to-day operations of all Papa John's restaurants in India, and has development rights for certain regions of the country. Tim O'Hern, Papa John's Chief Development Officer, stated, "We've spent a great deal of time methodically growing our international operations over the past 14 years." O'Hern continued, "India is a key growth market for us and with Avan Projects we are optimistic that we can continue to grow the brand and bring a better pizza experience to more and more consumers throughout the country." The Full Research Report on Papa John's International Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Bob Evans Farms, Inc. Research Report
On December 3, 2013, Bob Evans Farms, Inc. (Bob Evans) released its Q2 FY 2014 financial results (period ended October 25, 2013). Bob Evans registered consolidated net sales of $332.6 million, up 0.9% YoY. The Company posted consolidated net income of $6.1 million in Q2 FY 2014, compared to consolidated net income of $11.3 million in Q2 FY 2013. Bob Evans reported diluted EPS of $0.23 in Q2 FY 2014, compared to diluted EPS of $0.40 in Q2 FY 2013. Steve Davis, Bob Evans Chairman and CEO, said, "The confidence we have in our ability to successfully execute our growth strategies, and reap the benefits of our recent transformational growth investments in Bob Evans Restaurants and BEF Foods, is reflected in our announcement of an incremental $50 million for share repurchases. This increase brings our expected share repurchase activity to $225 million for fiscal 2014, and our forecasted year-end fiscal 2014 leverage ratio to approximately three times adjusted debt to EBITDAR, our previously announced target. We believe a three times leverage ratio is a prudent level of leverage that will allow us to invest in our businesses, return meaningful capital to shareholders, and maintain flexibility for acquisitions." The Full Research Report on Bob Evans Farms, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Ruby Tuesday, Inc. Research Report
On December 9, 2013, Ruby Tuesday, Inc. (Ruby Tuesday) announced that it has agreed to resolve a lawsuit involving three open restaurants and three closed restaurants in Ohio and Pennsylvania. JJ Buettgen, Chairman, President and CEO of Ruby Tuesday, commented, "Ruby Tuesday is committed to quality operations and to providing opportunities and training that will allow team members to advance and develop to their full potential. Our team members are our most valuable asset as they are the ones who bring our plans to life everyday in our restaurants." The Full Research Report on Ruby Tuesday, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
BJ's Restaurants, Inc. Research Report
On November 26, 2013, BJ's Restaurants, Inc. (BJ's Restaurants) announced that it has opened a new restaurant in Frederick, Maryland. According to the Company, opened on November 25, 2013, the 8,500-square-feet BJ's Restaurant & Brewhouse can seat approximately 280 guests, and is located on a free standing pad at the Francis Scott Key regional mall. Greg Trojan, President and CEO, BJ's Restaurants, stated, "The new Frederick restaurant is our second location in the Mid-Atlantic, joining our Tysons Corner, Virginia, restaurant which opened in late October. Over the next several years we look forward to opening more new restaurants in the Mid-Atlantic as we continue our national expansion. The Frederick restaurant is our 17th opening this year. I am really proud of all the BJ's team members who worked so diligently to open our new restaurants. We will finish this year with 146 restaurants and continue to believe there is room for at least 425 BJ's restaurants domestically. We are looking forward to a solid class of new restaurant openings in 2014 and beyond." 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:
Cracker Barrel Old Country Store, Inc. Research Report
On December 6, 2013, Cracker Barrel Old Country Store, Inc. announced that its Board of Directors has declared a regular dividend of $0.75 per common share. The Company reported that the dividend is payable on February 5, 2014, to shareholders of record on January 17, 2014. The Full Research Report on Cracker Barrel Old Country Store, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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