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Bullish on BKC ...
BKC
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-30.30%
in
485 days
t's family-owned. Since 1948, when Harry and Esther Snyder founded the first drive-through in Baldwin Park, Calif., In-N-Out's owners have maintained control over the business. Burger King home of the Whopper and the creepy mascot -- is 99% owned by institutional investors such as Goldman Sachs.
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Burger King Serves Up A Whopper
BKC
-25.47%
in
806 days
Burger King (BKC) served up a financial whopper and pleased the market with really great financial news. The company has been dogged by Billionaire Nelson Peltz who claims he can do something better. Prior experience at Arby's is influencing his opinion. So if you believe the numbers what does a take over offer provide to investors. Burger King has improved dramatically. They spun off Tim Horton's. They sold that Baja Fresh Mexican Grill thing that was losing money. They increased their store count dramatically and improved hours and menu. Some minor problems with permits in the Midd...
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From the Blogosphere
Eight Restaurants with the Right Recipe for Lean Times
It might not be good for America's waistline, but froufrou dining off petite plates is out. The recession has made us hungry for family-size piles of comfort food, skyscraping burgers, and all-you-can-eat fries. <>Like other segments of the retail economy, the restaurant industry has struggled over the past two years as unemployment has soared and consumers have curtailed spending. The National Restaurant Association's performance index shows that the industry has been shrinking for 23 months in a row. High-end bistros have fared the worst, with sales at fancy restaurants like Ruth's Chris (<>R>>...
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Earnings highlights: Baidu, Dreamworks, Honda, Microsoft, Target, Verizon ...
Burger King profit falls, misses the Street
Filed under: Earnings reports, McDonald's (MCD), Burger King Hldgs (BKC), Recession Even the cheap stuff gets cut when jobs are scarce. Burger King (NYSE: BKC), the second largest burger chain, saw fiscal first quarter profit fall 6% year-over-year, as diners opted to make their own meals at home.
Another part of the problem, though, is that competitors have cut their prices aggressively in order to bring customers through the door, a move that can have an upside for market share but doesn't always restore revenue lost to a recession. <><>Continue reading <>Burger King profit falls, misses the Stre>>>...
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Coming soon: The Burger King of the future
Filed under: Consumer experience, Competitive strategy, McDonald's (MCD), Chipotle Mexican Grill'A' (CMG), Yum Brands (YUM), Burger King Hldgs (BKC) Burger King Holdings Inc. (NYSE: BKC) announced plans Wednesday to overhaul its 12,000 locations worldwide. The fast-food giant is seeking a sleeker, futuristic look that includes LCD-screen menus, rotating chandeliers, and corrugated metal and brick accents (see pictures at the above link) on the inside, as well as metal canopies and additional signs on the exterior. <>The new upscale design, called 20/20, is expected to cost franchisees between $>...
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Yum! Brands beats estimates in Q3, but Pizza Hut is not so yummy
Filed under: Earnings reports, McDonald's (MCD), Yum Brands (YUM), Wendy's Intl (WEN), Burger King Hldgs (BKC) Yum! Brands (NYSE: YUM), which competes with McDonald's (NYSE: MCD), Burger King (NYSE: BKC), and Wendy's/Arby's Group (NYSE: WEN) for the right to feed consumers on the go around the world, issued a Q3 report after the bell on Tuesday that was decent in many respects. Earnings per share on an adjusted basis increased over 20% to 70 cents. This performance absolutely embarrassed the analysts, who were looking for a mere 58 cents per share according to our earnings preview. <>So, that w>...
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