This is a busy week for earnings. In addition to many of the FANG stocks, we’ll hear from half a dozen top restaurant names.
The restaurant rally appears to be over as many of the hot restaurant IPOs from 2014 and 2015 are now struggling and the former king of the restaurants, Chipotle, works to come back from its food scare.
But not all of the chains are down on their luck. In fact, one of them has one of the best earnings charts on the Street, restaurant or not.
Are consumers still willing to eat out? And who is winning their hearts?
The Best Restaurant Earnings Charts This Week
McDonald’s (is trading at new 5-year highs again as investors dive back in following stronger global sales. Can it keep up the momentum? MCD - Free Report)
Chipotle (may have lost its crown but it’s still popular among a vital core market: the Millennials. Watch same-restaurant-sales growth for signs that its comeback is continuing. CMG - Free Report)
Domino’s (is the new King of the Restaurants. It’s the only restaurant chain doing double digit comparable growth. It’s a beast. But how long can it keep up the pace? It’s coming up against tough year-over-year comps. DPZ - Free Report)
Buffalo Wild Wings used to be a Wall Street darling but shares have gone nowhere for 3 years. Activist investors are trying to turn it around. But is it too early to see any real change?
Starbucks (has tried to break out from its narrow trading range but it just can’t sustain any momentum. The new CEO has been trying several new initiatives. Watch for an update on the fresh salads and sandwiches it is testing in the Chicago market which could be key going forward. SBUX - Free Report) [In full disclosure, the author of this article owns SBUX in her personal portfolio.] Want to Learn How to Trade Options?
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