Restaurant Businesses Post Positive Quarterly Results - Research Report on McDonald's, Dunkin' Brands, The Cheesecake Factory, Brinker International, and Domino's
NEW YORK, July 30, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting McDonald's Corp. (NYSE: MCD), Dunkin' Brands Group, Inc. (NASDAQ: DNKN), The Cheesecake Factory Incorporated (NASDAQ: CAKE), Brinker International, Inc. (NYSE: EAT), and Domino's Pizza, Inc. (NYSE: DPZ). 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 July 22, 2013, McDonald's Corp. (McDonald's) released its Q2 2013 financial results. Revenues were up 2.4% YoY to $7.1 billion. Operating income was up 2.0% YoY to $2.2 billion. Net income was up 3.7% YoY to $1.4 billion. Diluted EPS was up 4.5% YoY to $1.38. Don Thompson, President and CEO of McDonald's, said, "McDonald's results for the quarter reflect our efforts to strengthen our business momentum for the long-term." Thompson continued, "We remain strategically focused on the global growth priorities that help us better serve our customers. While the informal eating out market remains challenging and economic uncertainty is pressuring consumer spending, we're continuing to differentiate the McDonald's experience by uniting consumer insights, innovation and execution." 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]
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Dunkin' Brands Group, Inc. Research Report
On July 25, 2013, Dunkin' Brands Group, Inc. (Dunkin' Brands) released its Q2 FY 2013 financial results (period ended June 29, 2013). Revenues were up 5.9% YoY to $182.5 million. Net income attributable to the Company was up 120.6% YoY to $40.8 million. Diluted EPS was up 153.3% YoY to $0.38. Nigel Travis, Chairman and CEO of Dunkin' Brands, commented, "Innovative marketing and new product introductions, as well as a focus on delivering a great customer experience, continue to deliver attractive franchisee returns and exceptional results for Dunkin' Donuts in the U.S. Additionally, we continue to see significant interest in restaurant development for Dunkin' Donuts in this country, and for the second consecutive quarter, Baskin-Robbins U.S. experienced positive net growth. On the international front, we continue to build the foundation for the long-term growth of both brands. Going into the second half of the year, we are confident about our business prospects and are steadfastly focused on delivering profitable growth for our franchisees and shareholders." The Full Research Report on Dunkin' Brands Group, 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/383b_DNKN]
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The Cheesecake Factory Incorporated Research Report
On July 24, 2013, The Cheesecake Factory Incorporated (The Cheesecake Factory) released its Q2 FY 2013 financial results (period ended July 2, 2013). Revenues were up 3.4% YoY to $470.1 million. Net income was up 0.6% YoY to $28.6 million. Diluted EPS remained flat at $0.52 as compared to Q2 FY 2012. David Overton, Chairman and CEO of The Cheesecake Factory stated, "We delivered our 14th consecutive quarter of positive comparable sales in the second quarter, and we continued to outperform the industry. Our strategy is to leverage the strength of our brand to drive sales at full margins. We can accomplish this because our concept is highly differentiated, relevant to consumer tastes and preferences, and we execute very well on food and service." Overton added, "We increased our operating margins, as we make ongoing progress toward recapturing our peak margin levels. Our improvement in profitability was accomplished while maintaining excellent guest satisfaction scores, delivering the high quality, consistent dining experience that we are known for." 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]
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Brinker International, Inc. Research Report
On July 25, 2013, Brinker International, Inc. (Brinker International) announced that it will host its quarterly conference call to review the Company's Q4 FY 2013 results on August 2, 2013 at 10:00 a.m. ET (9:00 a.m. CT). Brinker International reported that the call will be webcast by CCBN, and will be available on its website. 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]
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Domino's Pizza, Inc. Research Report
On July 23, 2013, Domino's Pizza, Inc. (Domino's) released its Q2 FY 2013 financial results (period ended June 16, 2013). Revenues were up 10.1% YoY to $414 million. Net income was up 18.4% YoY to $33.3 million. Diluted EPS was up 21.3% YoY to $0.57. J. Patrick Doyle, President and CEO of Domino's, said, "Our team is very proud to be driving the continued transformation of this 53-year-old brand. We've not just endured - we've grown and outperformed, and made Domino's a frequent and favorite choice for our customers. Our franchisees around the world are running great and successful businesses. This quarter's results were more evidence for us that we're on the right track with our strategic plan and execution. Our company's valuation has reflected this positive performance and rewarded our shareholders. This all just makes us more energized to keep pushing forward." The Full Research Report on Domino's Pizza, 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/dcdb_DPZ]
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