|By PR Newswire||
|July 30, 2014 08:40 AM EDT||
NEW YORK, July 30, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Starbucks Corporation (NASDAQ: SBUX), Dunkin' Brands Group, Inc. (NASDAQ: DNKN), Sysco Corporation (NYSE: SYY), BJ's Restaurants, Inc. (NASDAQ: BJRI) and The Wendy's Company (NASDAQ: WEN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5248-100free.
Starbucks Corporation Research Reports
On July 24, 2014, Starbucks Corporation (Starbucks) reported financial results for Q3 FY 2014 (period ended June 29, 2014). In Q3 FY 2014, the Company's net revenues totaled $4.2 billion, up 11.2% YoY. Q3 FY 2014 net earnings attributable to the Company were $512.6 million, or $0.67 per diluted common share, compared with $417.8 million, or $0.55 per diluted common share, in Q3 FY 2013. Based on strong year-to-date performance, Starbucks has updated its full-year FY 2014 guidance. The Company now expects full-year FY 2014 EPS in the range of $2.70 to $2.72; or $2.65 to $2.67 when excluding an estimated net benefit of $0.05 for certain FY 2014 non-GAAP adjustments. Starbucks also stated that it now expects Q4 FY 2014 EPS in the range of $0.76 to $.078; or $0.73 to $0.75 when excluding a $0.03 estimated net benefit. For FY 2015, the Company projects revenue growth of over 10%, with EPS growth of 15% to 20% YoY. The full research reports on Starbucks are available to download free of charge at:
Dunkin' Brands Group, Inc. Research Reports
On July 23, 2014, Dunkin Brands Group, Inc. (Dunkin' Brands) partnered with the National Association for the Advancement of Colored People (NAACP) to create a Diversity Franchising Initiative, aiming to increase the number of African-American owned franchise businesses in the US. The Company informed that the partnership allows Dunkin' Brands to collaborate with NAACP to offer people of color in-depth franchising education, training, and assistance. "Working together, our goal is to increase African American participation in the franchise industry, not just with Dunkin' Donuts and Baskin-Robbins, but across a wide spectrum of franchising concepts available in the marketplace," said Grant Benson, CFE, Vice President of Global Franchising and Business Development at Dunkin' Brands. "Additionally, we believe this partnership will enable Dunkin' Brands to build a larger, more diverse pool of franchise candidates, accelerate our expansion in new and existing markets, and continue to build customer loyalty for our two brands across the country." The full research reports on Dunkin' Brands are available to download free of charge at:
Sysco Corporation Research Reports
On July 17, 2014, Sysco Corporation (Sysco) announced that it has agreed to settle with the State of California all claims related to its past use of drop sites in the state. The Company informed that the settlement amounted to $19.4 million, including a payment of $15 million in penalties, $3.3 million to fund four California Department of Public Health investigator positions for five years, a $1 million donation to food banks across California, and $127,000 in costs. "In addition to the settlement with the state, we have comprehensively addressed our food safety and quality assurance practices in California and across the Sysco enterprise by putting in place the following positive steps: First, as we stated in September 2013, we eliminated the use of drop sites across Sysco. Second, we have introduced mandatory, annual food safety training for all employees across Sysco. Third, we are implementing additional and improved food safety reporting, monitoring and compliance controls across our operations to ensure adherence to our policies," said Bill DeLaney, President and CEO of Sysco, in the official statement the Company has issued. The full research reports on Sysco are available to download free of charge at:
BJ's Restaurants, Inc. Research Reports
On July 24, 2014, BJ's Restaurants, Inc. (BJ's) reported financial reports for Q2 FY 2014 (period ended July 1, 2014). In Q2 FY 2014, the Company's total revenues were up 10.5% YoY to $219.4 million. Q2 FY 2014 net income was $8.0 million, or $0.28 per diluted share, compared with $8.6 million, or $0.30 per diluted share, in Q2 FY 2013. "Our next new restaurant is scheduled to open in Oviedo, Florida in mid-August and will represent our first new 7,400 square foot restaurant prototype, which is expected to cost approximately $1 million less than our current prototype while achieving a comparable level of sales productivity," commented Greg Trojan, President and CEO of BJ's. "Our development team is now focused on finalizing our planned fiscal 2015 restaurant openings and is building a solid pipeline for fiscal 2016." The full research reports on BJ's are available to download free of charge at:
The Wendy's Company Research Reports
On July 24, 2014, The Wendy's Company (Wendy's) announced the appointment of Brandon Solano as Senior Vice President of Marketing. Under the new role, Solano will report to Chief Marketing Officer Craig Bahner, and will lead the Brand Marketing efforts of Wendy's. Prior to joining Wendy's, he was Vice President of Franchise Development at Domino's for three years. The full research reports on Wendy's are available to download free of charge at:
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SOURCE Analysts Review
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