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Zacks Analyst Blog Highlights: Buffalo Wild Wings Inc., Cosi Inc., Red Robin Gourmet Burgers Inc., Famous Dave’s of America Inc. and BJ’s Restaurants Inc. – Press Releases

Zacks Market Commentaries (October 29th, 2009) Writes:

For Immediate Release

Chicago, IL – October 29, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Buffalo Wild Wings Inc. (BWLD), Cosi Inc. (COSI), Red Robin Gourmet Burgers Inc. (RRGB), Famous Dave’s of America Inc. (DAVE) and BJ’s Restaurants Inc. (BJRI).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Wednesday’s AnalystBlog:

Buffalo Wild Wings Profit Soars

Buffalo Wild Wings Inc. (BWLD), best known for its chicken wings and sports bar, sustained its growth momentum in the third-quarter 2009 despite economic turmoil and lower consumer discretionary spending. The company reaffirmed its

...

Buffalo Wild Wings Profit Soars – Analyst Blog

Zacks Market Commentaries (October 28th, 2009) Writes:
Buffalo Wild Wings Inc. (BWLD), best known for its chicken wings and sports bar, sustained its growth momentum in the third-quarter 2009 despite economic turmoil and lower consumer discretionary spending. The company reaffirmed its growth target of 15% in units, 25% in revenue, and 20% to 25% in net earnings for fiscal year 2009, showing its resilience in a turbulent environment. Management expects net earnings to be at the high end of its forecast.  The company’s net profit surged 50.4% year-over-year to $6.9 million. As a result, EPS jumped 52% to 38 cents, in line with the Zacks Consensus Estimate. The double-digit rise in the top-line, menu price increases, new restaurant openings and operational efficiency drove earnings. Total revenue climbed 25.1% to $132.7 million. Sales at company-operated restaurant jumped 26% to $120.3 million, driven by comparable-store sales increase of 0.8% and 33 additional restaurants in ...

Zacks Industry Outlook Highlights: BJ’s Restaurants Inc., Darden Restaurants Inc., Buffalo Wild Wings Inc., McDonald’s Corporation and Chipotle Mexican Grill Inc. – Press Releases

Zacks Market Commentaries (October 20th, 2009) Writes:
For Immediate Release

Chicago, IL – October 20, 2009 – Zacks.com announces the latest Industry Outlook. Today, Zacks Equity Research discusses the Restaurants sector, including BJ’s Restaurants Inc. (BJRI), Darden Restaurants Inc. (DRI), Buffalo Wild Wings Inc. (BWLD), McDonald’s Corporation (MCD) and Chipotle Mexican Grill Inc. (CMG).

Here is the latest on the Restaurants sector:

In the midst of what is expected to be a tepid recovery, there are three potential drivers of net income growth: Unit Expansion, Improved Same-Store Sales and Cost Cuts.

There seems little chance that upside will come from more aggressive unit expansion, as most of the companies have either scaled back or postponed further unit development. BJ’s Restaurants Inc. (BJRI) plans to grow the unit base by 12% in fiscal year 2009, much lower than 21% achieved in fiscal year 2008.

...

Restaurant Industry – Industry Outlook

Zacks Market Commentaries (October 19th, 2009) Writes:
The Restaurant Industry has been facing extremely tough challenges due to the ongoing economic turmoil. With rising unemployment and lower discretionary spending, we believe it will be too early to predict improvement in the industry, which is grappling with sluggish consumer demand. Although the current economic indicators show some signs of improvement, we believe that job losses will continue to adversely impact the restaurant industry even several months after the recovery is on track. The U.S. restaurant industry, which constitutes fast food, casual dining and upscale chains, is facing its toughest times in three decades. A report by market research firm, NPD Group asserted that U.S. restaurant guest traffic plunged 2.6% for the quarter ended May 31, the steepest fall in 28 years. However, the quick-service restaurants (traffic down 2%), which are generally less susceptible to an economic downturn, are faring better than casual dining restaurant ...

Restaurant Stocks: A Lot of Hot Air

Bullish Bankers (June 12th, 2009) Writes:

Out of the restaurant companies that I am covering, 3 of the names were on my radar screen late last year, with a formal recommendation of Chipotle’s “B” [[CMG-B]] shares at around $45 per share in my Top 5 Stocks for 2009 article.

I still feel strongly that this entire sector at the very best, is going to trade sideways for awhile, and at average to worse, is going to decline significantly for at least the next few weeks to months. Let’s get right into each name.

Chipotle Mexican Grill:

Insiders selling shares like there’s no tomorrow

Chipotle LogoChipotle Mexican Grill owns and operates 860 “fast-casual” Mexican restaurants and offers a focused menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads made from fresh, high-quality raw ingredients, prepared using classic cooking methods and served in a distinctive atmosphere.

Chipotle adheres to what

...

Good Growth Stocks Still Exist

Zacks Market Commentaries (April 24th, 2009) Writes:

Let's face it; it is a tough time to be a growth-oriented investor. Fortunately, for those of us that have stuck around, the rewards may be great.

Many investors make the mistake of ignoring growth stocks in a bear market. Some like to play it safe and wait for a distinct turn around before coming back to growth companies. In the stock market, being fashionably late to the party doesn't work.

While our current environment is much worse than the typical bear market, it is important to remember that in any environment there are still companies that can grow and even flourish. However, these days you have to hunt a bit harder to find the gems.

A Positive Sign for Growth

Downward earnings estimates are still out numbering upward revisions by about 2:1. Don't be discouraged by this number because it is actually an encouraging sign.

...

Top Performer for Thursday: Carrols (TAST) – Zacks #1 Rank Top Performers

James Giaquinto (April 23rd, 2009) Writes:
Carrols Restaurant Group, Inc. (TAST) gained more than 40% today after announcing preliminary first-quarter EPS that would trounce both the year-ago performance and the consensus estimate. Needless to say, the restaurant company made the Zacks #1 Rank Top Performers List for Thursday.

< ?DART(15);?> This is the second consecutive day that a company from the retail-restaurants industry was featured as the top performer. On Wednesday, Buffalo Wild Wings, Inc. (BWLD) took center stage with its own double-digit gain. Furthermore, besides TAST and BWLD, there are 9 other stocks from this space on today's Zacks #1 Rank List, which includes 214 stocks.

The company, which plans to officially announce first-quarter results in early May, expects earnings per share of 21 cents to 23 cents. That result would mark a solid improvement over last year's 7 cents, but also easily surpass the current consensus of

...

Mylan, Inc. – Momentum – Zacks Rank Buy

Michael Vodicka (April 20th, 2009) Writes:
Companies highlighted in this weekly wrap include Mylan, Inc. ( Earnings estimates have held in higher ground after the last round of upward revisions, coming on the heels of the company's last quarterly report. The current-year estimate tacked on 4 cents, climbing to $1.03 per share. The next-year estimate jumped 14 cents to $1.47 per share, an impressive 43% earnings growth projection.

Consistent Results

Mylan has produced very consistent results over the last year in a tough market. The company has surprised

...

BWLD Above Support – Zacks Tale of the Tape

Zacks Market Commentaries (February 27th, 2009) Writes:

Buffalo Wild Wings Inc. (BWLD) advanced more than 1% this morning and was trading above its 200-day moving average of $29.50. BWLD is a Zacks#1 Rank (“Strong buy”) stock. The consensus estimate on the company's 2009 earnings has gone up by 9 cents per share to $1.67 in the last month.

"BWLD" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

ResMed Inc. – Aggressive Growth – Zacks Rank Buy

Zacks Market Commentaries (February 23rd, 2009) Writes:
The Zacks Rank Buys featured last week were: Buffalo Wild Wings, Inc. (...

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