Starbucks reported revenues of $4.8 billion, a 13% increase over $4.2 billion reported in the same quarter last year.
Brinker International’s earnings for th second quarter of 2015 are due on January 28. Year-to-date, the stock increased 3.5% as of the January 16.
EBITDA margins are expected to increase to 14.6% from 13.8%. Sequentially, too, margins are expected to increase from 12.6% in the first quarter of 2015.
The prices of poultry, meat, dairy, seafood, and produce remained stable in November and December. So EAT may report moderated food costs.
Wall Street analysts estimate that the company’s unit growth will add 14 new Chili’s restaurants in the upcoming quarter.
Brinker International (EAT) has also made progress towards integrating more a digital platform in its restaurants—particularly Chili’s.
“Fresh is Happening Now” was one of the marketing initiatives the company launched during the year.
Brinker has been focusing on improving its experience and menu, which is a more long-term strategy. Some of these strategies include aggressive menu innovation.
Analysts estimate a 2.2% year-over-year same-store sales growth for Brinker International (EAT) in 2Q15, compared to 0.7% in 2Q14.
Brinker International (EAT) earns revenues from its two brands—Chili’s and Maggiano’s. The majority of its restaurants are Chili’s locations.
Brinker International (EAT) is expected to release its second quarter 2015 earnings on January 28. Year-to-January 16, the stock increased 3.5%.
Six Flags’ management plays a vital role in shaping the company and leading it in the desired direction. This article reviews three management positions.
Six Flags’ earnings per share are expected to grow from $2.45 in 2013 to $3.75 in 2017. Six Flags Entertainment (SIX) could be a good bet for the long term.
Institutional shareholders hold ~86% of Six Flags Entertainment (SIX). The top 20 hedge funds own ~25% of Six Flags.
Let’s look at Six Flags’ short selling scenario. At the end of 2014, its short interest was ~4.9 million shares, or ~6.9% free float.
Six Flags’ share price on May 10, 2010, reflects $7.36 per share, the price of new common stock upon the company’s emergence from bankruptcy.
Six Flags’ fall in liquidity ratios is mainly due to the ~$460 million fall in cash and cash equivalents because of share repurchases and dividend payments.
As of January 15, 2015, Six Flags’ ROIC and WACC stood at 9.2% and 5.9%, respectively. This shows that Six Flags is employing its debt capital effectively.
Industry debt-to-equity ratio is about 5.5. Six Flags’ debt-to-equity ratio of 4.0 shows the company aggressively finances operations with debt capital.
On April 10, 2014, Six Flags announced that it’s expanding beyond America with a Six Flags–branded theme park at Dubai in the United Arab Emirates.