|By PR Newswire||
|March 1, 2013 08:00 AM EST||
NEW YORK, March 1, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL), Papa John's Int'l, Inc. (NASDAQ: PZZA), Panera Bread Co (NASDAQ: PNRA), Bob Evans Farms Inc (NASDAQ: BOBE) and Burger King Worldwide Inc (NYSE: BKW). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Cracker Barrel Old Country Store, Inc. Research Report
Cracker Barrel rallied 9.54 percent after the restaurant chain reported a same-store sales increase of 3.3 percent during the second quarter fiscal 2013. One of the strategies the company used in order to boost sales was to redesign 200 of its 1,600 billboards was to emphasize the affordability of their menu, coaxing people to eat in their restaurants. The company is also planning to launch a permanent "better-for-you" menu which features items with fewer than 500 calories for breakfast and fewer than 600 calories for lunch and dinner. For fiscal 2013, the company expects total revenue of $2.6 billion to $2.65 billion and adjusted earnings per diluted share of $4.60 to $4.80. The company also believes that same-store sales should increase 2-3 percent in Cracker Barrel restaurants and retail. By developing effective new strategies to boost sales, many are expecting Cracker Barrel to achieve its upbeat guidance. 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: [http://www.Investors-Alliance.com/r/full_research_report/e7e0_CBRL]
Papa John's Int'l, Inc. Research Report
Papa John's, the world-renowned pizza chain, reported system-wide comparable sales increase of 5.2 percent for North America and 7 percent for International locations in the fourth quarter. Papa John's CEO John Schnatter is pleased with the significant comparable sales growth as well as the 20 percent increase in EPS. He also notes that these results are signs of the company's strength and the power of their brand. For 2013, the company expects diluted earnings per share to increase by 10 to 14 percent over 2012. The company is also set to restate its 2009-2011 financials, but maintains that the restatement should not affect Papa John's revenue. The Full Research Report on Papa John's Int'l, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/9ee4_PZZA ]
Panera Bread Co Research Report
Panera impressed analysts and investors when the artisan bread and sandwich maker delivered its results. The company posted 15 percent increase in revenue and also 23 percent increase in fourth quarter fiscal 2012 diluted earnings per share. For the full year 2013, the company maintains its target comparable baker-café sales growth of 4.5 percent to 5.5 percent, a relatively large number compared to its competitors, who are expecting modest growth. President and Co-CEO Bill Moreton comments that the company will continue to invest in food quality, marketing, and operations in the future. Many expect the bakery-café chain will deliver long-term growth, given its ability to maximize capital and focus on developing new menu items. The Full Research Report on Panera Bread Co - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/2206_PNRA]
Bob Evans Farms Inc Research Report
In the third quarter fiscal 2013, Bob Evans reported net sales increase of 1.4 percent and positive same-store sales of 1.6 percent. In the quarter, the company completed the sale of Mimi's Café, a French-inspired casual dining restaurant in order for it to focus on driving growth for its Bob Evans Restaurants and BEF Foods segments. Over the long-term, the company is determined to increase earnings per share 8 to 12 percent annually and believes that it is in a stable position to be able to deliver. The Farm Fresh Refresh remodeling programs have helped the company drive positive sales and by pushing this program further, Bob Evans believes that it will enable the company to realize greater financial benefits and open new restaurants starting fiscal 2015. 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: [http://www.investors-alliance.com/r/full_research_report/d0aa_BOBE]
Burger King Worldwide Inc Research Report
For the fourth quarter and full year 2012 Burger King delivered system-wide comparable sales growth of 3.2 percent. Adjusted diluted EPS significantly increased by 34 percent to 69 cents. Burger King CEO states that the company will continue to execute its strategy of accelerating international unit growth, refranchising stores, renovating restaurants, and adding new items on the menu in the coming year. Its international expansion strategy includes establishing new units in emerging markets like Brazil and Russia. It also entered into master franchise and development agreements for its South Korean and Scandinavian units. Recently, Burger King has stepped up and challenged its rivals by more aggressively advertising its value menu. This strategy was formulated after the company saw how its rivals have been emphasizing affordable items. Through these strategies, the company may be able to deliver sustainable and long-term growth. The Full Research Report on Burger King Worldwide Inc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/ccd8_BKW]
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