New Strong Sell Stocks for July 29th
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 8:03AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Friday
CAJ: 28.27 (+0.58), OLED: 70.84 (-0.27), ABAX: 49.46 (-0.26), BJRI: 38.84 (-0.31), HMC: 27.12 (+0.13)
Soft Restaurant Earnings May Take a Bite Out of This ETF
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 11:33AM CDT
Soft earnings and deteriorating industry fundamentals may take a toll on the restaurant ETF.
BITE: 26.02 (-0.19), PNRA: 219.32 (-2.31), BJRI: 38.84 (-0.31), CMG: 423.99 (-6.56), MCD: 117.65 (-1.77), BWLD: 167.96 (+1.93), YUM: 89.42 (-0.84)
BJ's Restaurants (BJRI) Q2 Earnings Lag on Weaker Comps
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 10:40AM CDT
BJ???s Restaurants Inc. (BJRI) posted weak second-quarter 2016 results wherein both earnings and revenues lagged the Zacks Consensus Estimate.
BJRI: 38.84 (-0.31), PLAY: 44.50 (-0.94), CHUY: 33.72 (+0.26), DAVE: 5.81 (-0.04)
Downgrade Alert for BJ's Restaurants (BJRI)
Comtex SmarTrend(R) - Wed Jul 27, 3:12AM CDT
BJ's Restaurants (NASDAQ:BJRI) was downgraded from Buy to Sell at Stifel today. The stock closed yesterday at $42.63 on volume of 717,000 shares, above average daily volume of 327,000. BJ's Restaurants Inc owns and operates restaurants under the names BJ's Restaurant & Brewery, BJ's Pizza & Grill, and BJ's Restaurant & Brewhouse. The Company's restaurants are located in Colorado, Oregon, California, Arizona, Texas, and Nevada.
BJRI: 38.84 (-0.31)
BJ's Restaurants, Inc. Reports Fiscal 2016 Second Quarter Results
GlobeNewswire - Tue Jul 26, 3:05PM CDT
BJ's Restaurants, Inc. (NASDAQ:BJRI) today reported financial results for its fiscal 2016 second quarter ended Tuesday, June 28, 2016, and announced that its Board of Directors has approved a $100 million increase to the Company's share repurchase program.
BJRI: 38.84 (-0.31)
Restaurant Stocks' Q2 Earnings on Jul 26: MCD, BJRI & More
Zacks Equity Research - Zacks Investment Research - Mon Jul 25, 7:22AM CDT
Will the four restaurant companies that are set to report their second-quarter numbers on Jul 26, manage to put up a decent performance?
SBUX: 58.05 (-0.16), DNKN: 45.31 (-0.45), PNRA: 219.32 (-2.31), BJRI: 38.84 (-0.31), CMG: 423.99 (-6.56), MCD: 117.65 (-1.77), DPZ: 147.30 (+0.05), BWLD: 167.96 (+1.93)
Red Robin (RRGB) to Debut Burger Works Unit in Oregon
Zacks Equity Research - Zacks Investment Research - Thu Jul 07, 4:01PM CDT
Casual dining restaurant chain Red Robin Gourmet Burgers Inc. (RRGB) announced that it will unveil a Red Robin Burger Works restaurant in Clackamas, OR on Jul 18.
RRGB: 48.36 (+0.36), CAKE: 51.73 (-0.46), PZZA: 73.95 (+0.30), BJRI: 38.84 (-0.31)
Why Dave & Buster's is One of the Best Restaurant Stocks
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 9:10AM CDT
Based in Texas, Dave & Buster's Entertainment, Inc. (PLAY) began trading in Oct 2014 and has had a phenomenal run since then with shares soaring nearly 173%
BJRI: 38.84 (-0.31), MCD: 117.65 (-1.77), PLAY: 44.50 (-0.94), DRI: 61.56 (+0.43)
Jack in the Box (JACK): Prospects Bright, Comps Outlook Dull
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 2:18PM CDT
On Jun 17, we issued an updated research report on leading quick-service hamburger restaurant chain Jack in the Box Inc. (JACK)
JACK: 88.39 (-0.52), PZZA: 73.95 (+0.30), BJRI: 38.84 (-0.31), WEN: 9.66 (-0.08)
BJ's Restaurants, Inc. to Present at the Oppenheimer 16th Annual Consumer Conference on June 21
GlobeNewswire - Wed Jun 15, 4:00PM CDT
BJ's Restaurants, Inc. (NASDAQ:BJRI) will be presenting at the Oppenheimer 16th Annual Consumer Conference at the Four Seasons Hotel in Boston, Massachusetts. The Company's presentation is scheduled to begin at 11:05 a.m. (Eastern) on Tuesday, June 21, 2016, and will be broadcast live over the Internet. Interested parties may listen to the presentation at the Company's website located at http://www.bjsrestaurants.com. The presentation can be accessed by clicking on the "Investors" link from the Company's home page followed by the "Presentation" link. An archive of the webcast will be available following the live presentation.
BJRI: 38.84 (-0.31)
Chipotle Tumbles to a 52-Week Low on Food-Safety Issues
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 7:37AM CDT
On Jun 14, shares of Chipotle Mexican Grill, Inc. (CMG) plunged to a 52-week low of $384.77, the lowest the shares have traded since Jul 2013, and eventually closed a little higher at $395.27.
PZZA: 73.95 (+0.30), BJRI: 38.84 (-0.31), CMG: 423.99 (-6.56), WEN: 9.66 (-0.08)
Retail Sales Up in May: Is a Future Rate Hike Likely?
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 7:35AM CDT
Retail sales rose steadily in May, thus setting the stage right for policy makers to go for a rate hike, if not today, then probably in the near term.
HD: 138.24 (+0.28), BJRI: 38.84 (-0.31), PLAY: 44.50 (-0.94), BURL: 76.51 (-0.19), ULTA: 261.21 (+0.73)
Will Chipotle's (CMG) Food Safety Practices Improve Sales?
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 8:49AM CDT
On Jun 14, we issued an updated research report on Chipotle Mexican Grill, Inc. (CMG)
PZZA: 73.95 (+0.30), BJRI: 38.84 (-0.31), CMG: 423.99 (-6.56), WEN: 9.66 (-0.08)
Have Chipotle (CMG) Shares Bottomed Out Above $400?
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 7:30AM CDT
Though it will take some time for the company to witness a complete turnaround in its business, it seems like that the worst is over for Chipotle Mexican Grill, Inc. (CMG) with shares likely to be bottomed out above $400.
PZZA: 73.95 (+0.30), BJRI: 38.84 (-0.31), CMG: 423.99 (-6.56), WEN: 9.66 (-0.08)
Chipotle (CMG) Loses Most Popular Mexican Restaurant Tag
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 3:00PM CDT
Per an annual survey from Harris Poll, Chipotle Mexican Grill, Inc. (CMG) is no longer the favored brand among fast-casual Mexican restaurants.
JACK: 88.39 (-0.52), BJRI: 38.84 (-0.31), CMG: 423.99 (-6.56), YUM: 89.42 (-0.84)
BJ's Restaurants Reports Results of Annual Meeting of Shareholders
GlobeNewswire - Fri Jun 10, 7:00AM CDT
BJ's Restaurants, Inc. (Nasdaq:BJRI) held its Annual Meeting of shareholders on June 7, 2016. At the meeting, shareholders elected Gregory A. Trojan, Gerald W. Deitchle, Peter A. Bassi, Larry D. Bouts, James A. Dal Pozzo, Noah A. Elbogen, Wesley A. Nichols, Lea Anne S. Ottinger and Patrick D. Walsh to the Board of Directors to serve for one-year terms until the next Annual Meeting. The Board of Directors has reappointed Mr. Deitchle as Chairman of the Board of Directors for the Company.
BJRI: 38.84 (-0.31)
5 Reasons Why Fred's (FRED) Should be in Your Portfolio
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 5:30PM CDT
Investors are looking for safe haven assets in a volatile economic scenario. The recent reversal in oil prices, global growth issues and uncertainty about the timing of a Fed rate hike are weighing on investor sentiment.
FRED: 15.89 (-0.11), BJRI: 38.84 (-0.31), WMT: 72.97 (-0.27), CHUY: 33.72 (+0.26)
Brinker Updates Fiscal 2016 Outlook; Offers Select 2017 View
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 8:50AM CDT
Brinker International, Inc. (EAT) has provided an update on its fourth quarter and fiscal 2016 outlook and as well outlined some of its financial forecasts for fiscal 2017.
PZZA: 73.95 (+0.30), BJRI: 38.84 (-0.31), EAT: 47.14 (-0.03), WEN: 9.66 (-0.08)
Nordstrom No Longer En Vouge: 4 Retail Stocks to Buy Instead
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 8:01AM CDT
Nordstrom (JWN) commenced fiscal 2016 on a downbeat note, continuing with its disappointing performance in the fiscal first quarter.
HD: 138.24 (+0.28), BJRI: 38.84 (-0.31), JWN: 44.23 (+0.96), LOW: 82.28 (+0.01), BURL: 76.51 (-0.19)