RECENT Consumer Discretionary RESEARCH
Dr Pepper Snapple (DPS) reported results for 1Q15 ending March 31, 2015 on April 23. The company’s 1Q15 adjusted EPS was $0.81—ahead of analysts’ estimates.
Despite lower earnings, Coach has maintained its dividend per share at $0.34 since 4Q13, and it’s confident it will meet its commitments thanks to a healthy cash position.
Brinker International (EAT) released its third-quarter earnings on April 21. Brinker reported an adjusted EPS of $0.93, a 12% increase from $0.83 in 3Q14.
Starbucks released its 2Q15 earnings on April 23 after the market closed. It reported adjusted EPS of $0.33—an increase of 17.9% from the same quarter last year.
PepsiCo’s (PEP) first quarter revenue declined by 3.2% from the same quarter last year, due to the strengthening of the dollar against major foreign currencies.
In this quarterly overview, we’ll take a look at the earnings as well as the strategic changes and new tactics that McDonald’s management discussed during the earnings call.
Revenue for Coca-Cola in 1Q15 increased to $10.7 billion, compared with $10.6 billion in the first quarter of last year.
The number two sportswear company in the US, Under Armour (UA), declared 1Q15 earnings on Tuesday, April 21.
Chipotle reported its 1Q15 EPS of $3.88, which increased an impressive 47%, compared with an EPS of $2.64 in the corresponding quarter in 2014.
Yum! Brands (YUM) released its first quarter earnings on April 21, 2015. The company reported adjusted EPS of $0.85—a 6.5% decline compared to the EPS last year.
Department store sales (excluding leased departments) saw a 1.4% month-over-month increase to $13.9 billion in March.
Shake Shack shares rallied 22% over the past five trading days, rising to a high of $61.59 on April 17. This is a 193% increase from its IPO price of $21.
The impact of currency headwinds was less on Dr Pepper Snapple’s sales than the two beverage giants. It gets 12.4% of net sales from international operations.
Under Armour (UA), will report 1Q15 earnings on April 21. UA has recently touched new highs with its stock at an all-time record high of $85.71 on April 16.
Year-to-date, Brinker International stock increased 3.9% as of April 14. However, it has increased just ~1% since its previous earnings release.
Most of the company’s restaurants are Chipotle Mexican Grill, but Chipotle also operates nine ShopHouse Southeast Asian Kitchen restaurants and two Pizzeria Locale restaurants.
Coca-Cola (KO), the world’s largest beverage company, is scheduled to announce its results for the first quarter of 2015 on April 22, 2015.
LULU’s sales spiked 12.9% to $1.8 billion in fiscal 2015, compared with $1.6 billion the previous year. In 4Q14, revenue jumped 15.6%, to $602.5 million.
With its restructuring, Best Buy will have a total of 192 locations across Canada—including 136 large-format stores and 56 Best Buy Mobile stores.
According to the NCSL, 29 states and the District of Columbia had minimum wages higher than the federal minimum hourly wage as of February 24, 2015.