|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||172.88 - 173.79|
|52-week range||119.82 - 175.78|
|PE ratio (TTM)||25.12|
|Earnings date||30 Jan 2018|
|Forward dividend & yield||4.04 (2.33%)|
|1y target est||184.50|
For fiscal 2018, analysts expect Starbucks (SBUX) to post revenue of $24.57 billion, which represents growth of 9.8% from $22.39 billion in fiscal 2017. In the long run, Starbucks’s management expects its revenue growth to be in the high single digits, while its SSSG (same-store sales growth) is expected to be in the range of 3%–5%. Starbucks’s fiscal 2018 revenue growth is expected to be driven by the addition of new restaurants, positive SSSG, and growth in sales from the Channel Development segment.
Increased onsite locations and installation of vending machines along with the Mansco acquisition are expected to boost Fastenal's (FAST) sales in the fourth quarter.
In fiscal 2017, Starbucks (SBUX) posted revenue of $22.39 billion, which represents growth of 5.0% from its $21.32 billion in fiscal 2016. The revenue growth was driven by the addition of new restaurants, positive SSSG (same-store sales growth), and an increase in revenue from channel development and other segments. The revenue growth was driven by the addition of 768 new company-owned restaurants, which contributed $869 million.
In late 2016, McDonald’s partnered with UberEATS to expand its door delivery initiative in the U.S. This partnership expanded significantly last year, and by the end of 2017 the company was track for 10,000 McDonald’s restaurants offering a delivery option.
Walmart announced a wage increase on Thursday and credit tax cuts. But the retail landscape never really gave the company a choice.
Fast-food companies will have little choice but to automate their operations as minimum wages rise, the chief executive of Jack in the Box Inc. said Tuesday.
Today, McDonald’s unveiled the list of high school seniors nominated for the chance to play in the 41st annual McDonald’s All American Games. The list, comprised of more than 700 top male and female basketball players from across the country, will be used by the Games’ Selection Committee to identify the top 24 boys and 24 girls to play in the annual event. The teams will play March 28th at Philips Arena in Atlanta, marking the third time the city will host the Games (1992, 1983) with proceeds again benefiting Ronald McDonald House Charities® (RMHC®).
If you're considering investing in the Golden Arches for a tasty dividend, you might want to give Pfizer, Intel or DSW a look first.
Over the past few years, McDonald’s has been working aggressively on several initiatives to add healthier products and suit changing customer preferences. These changes have started showing results, with positive comparable sales leading to growth in profits.
Domino's (DPZ), Darden (DRI) and McDonald's (MCD) are well poised to grow on the evolving digital trend. They are innovative operators with strong fundamentals.
The Zacks Analyst Blog Highlights: 3M, Caterpillar, McDonald's, Procter & Gamble and Microsoft
Cheddar's acquisition, various sales boosting initiatives along with the cost saving efforts undertaken by Darden (DRI) are expected to drive growth.
The Dow tops the 25,000 mark and extends its milestone-breaking run, driven by the Republican tax cut and a series of strong economic data.
Shares of McDonald's (MCD) are higher on Friday, following a bullish note from Cowen & Co.'s consumer team. The team, led by analyst John Kernan, write that they expect companies that are catering to value-driven consumers will be able to maintain their momentum, at the expense of middle- and mass-market companies, which are facing more competition and deteriorating economics. More from the note: In 2018, we are most optimistic McDonald’s momentum and embrace of entry level value positions the concept well to benefit from the launch of the new value platform.
Given McDonald's (MCD) efforts to strengthen its position through various sales initiatives along with increased focus on franchising, we believe that the stock has decent upside potential.