NEW YORK, February 8, 2017 /PRNewswire/ --
Specialty Eateries is a fragmented industry with the top 50 companies accounting for about 45% of revenue. Coffee shops account for about 45% of Specialty Eatery revenue, while doughnut shops, ice cream shops, and other frozen-treat outlets account for about 15%. Pre-market, Stock-Callers.com puts focus on Starbucks Corp. (NASDAQ: SBUX), Aramark (NYSE: ARMK), Shake Shack Inc. (NYSE: SHAK), and Papa John's International Inc. (NASDAQ: PZZA) to see how they have fared at the closing bell. Download the free research reports on these stocks today:
Seattle, Washington-based Starbucks Corp.'s shares declined 0.88%, closing Tuesday's trading session at $55.24. The stock recorded a trading volume of 9.87 million shares, which was above its three months average volume of 9.34 million shares. The Company's shares have advanced 5.21% in the previous three months. The stock is trading 0.59% below its 200-day moving average. Additionally, shares of Starbucks, which together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide, have a Relative Strength Index (RSI) of 39.92.
On January 30th, 2017, Starbucks announced that it is launching voice ordering capabilities within the Starbucks mobile iOS app and the popular Amazon Alexa platform. These features are an extension of Starbucks Mobile Order & Pay, which allows customers to order and pay for their items before arriving at their store, further extending the barista and customer interaction within the company's digital ecosystem. Select customers can now order coffee "on command" using My Starbucks® barista as part of an initial feature rollout integrated seamlessly into the Starbucks mobile app for iOS. At the same time, the Company is launching a Starbucks Reorder Skill on the popular Amazon Alexa platform. See our free and comprehensive research report on SBUX at:
On Tuesday, shares in Philadelphia, Pennsylvania-based Aramark recorded a trading volume of 5.03 million shares, which was above their three months average volume of 2.15 million shares. The stock edged 5.05% higher, ending the day at $35.17. The Company's shares have advanced 0.72% in the last month. The stock is trading above its 50-day moving average by 0.90%. Furthermore, shares of Aramark, which provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients in North America and internationally, have an RSI of 60.16.
On January 10th, 2017, research firm Barclays downgraded the Company's stock rating from 'Overweight' to 'Equal Weight' while revising its previous target price from $38 a share to $37 a share.
On February 07th, 2017, Aramark reported that on a GAAP basis sales were $3.7 billion, operating income was $244 million, net income attributable to Aramark's stockholders was $125 million, and diluted earnings per share were $0.50 for Q1 FY17. This compares to the first quarter of 2016 where, on a GAAP basis, sales were $3.7 billion, operating income was $214 million, net income attributable to Aramark's stockholders was $93 million, and diluted earnings per share were $0.38. ARMK free research report PDF is just a click away at:
New York headquartered Shake Shack Inc.'s stock finished the day 0.06% higher at $34.87 with a total trading volume of 453,152 shares. The Company's shares have gained 9.83% in the previous three months. The stock is trading below its 200-day moving average by 3.17%. Additionally, shares of Shake Shack, which owns, operates, and licenses Shake Shack restaurants (Shacks), have an RSI of 45.79.
On January 23rd, 2017, Shake Shack announced that the first-ever mobile ordering Shack App for iOS is now available nationwide. To celebrate the occasion, Shake Shack announced that it is giving away a free single ShackBurger® to each guest who downloads the new Shack App, redeemable at any US Shack (except airports, stadiums and ballparks) until February 28th, 2017. Sign up for your complimentary report on SHAK at:
Shares in Louisville, Kentucky headquartered Papa John's International Inc. ended yesterday's session 0.35% higher at $82.04. The stock recorded a trading volume of 415,926 shares. The Company's shares have advanced 6.09% in the previous three months. The stock is trading 9.30% above its 200-day moving average. Moreover, shares of Papa John's International, which operates and franchises pizza delivery and carryout restaurants under the Papa John's trademark in the US and internationally, have an RSI of 36.20.
On February 07th, 2017, Papa John's announced that Mike Nettles, SVP, Chief Information and Digital Officer, has joined its growing pizza family. With over 27 years of proven business and technology leadership in the hospitality and retail sectors, Nettles joins Papa John's after most recently serving as Vice President of Enterprise Architecture and IT Strategy at Panera Bread Co. Nettles will report to Papa John's President and Chief Operating Officer, Steve Ritchie. Register for free on Stock-Callers.com and download the latest research report on PZZA at:
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