Earnings, Appointments, and Expansion Add Value for Restaurant Stakeholders -
Research Report on Noodles, Bloomin' Brands, BJ's Restaurants, Burger King,
and Ignite Restaurant Group
NEW YORK, August 5, 2013
NEW YORK, August 5, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Investors' Reports announced new research reports highlighting Noodles
& Company (NASDAQ: NDLS), Bloomin' Brands, Inc. (NASDAQ: BLMN), BJ's
Restaurants, Inc. (NASDAQ: BJRI), Burger King Worldwide, Inc. (NYSE: BKW), and
Ignite Restaurant Group, Inc. (NASDAQ: IRG). Today's readers may access these
reports free of charge - including full price targets, industry analysis and
analyst ratings - via the links below.
Noodles & Company Research Report
On July 23, 2013, Noodles & Company (Noodles) announced that it will host a
conference call for discussing its Q2 2013 financial results on August 8, 2013
at 4:30 p.m. ET. Noodles reported that an official press release for its Q2
2013 financial results will be issued after the market closes on the same day.
The Full Research Report on Noodles & Company - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.InvestorsReports.com/report/2013-08-01/NDLS]
Bloomin' Brands, Inc. Research Report
On July 31, 2013, Bloomin' Brands, Inc. (Bloomin' Brands) announced that Tara
Walpert Levy was elected as Director of the Company, effective immediately.
Bloomin' Brands reported that Levy will also serve in the Company's Audit
Committee. Elizabeth Smith, Chairman of the Board and CEO of Bloomin' Brands,
said, "We are pleased to welcome Tara as a member of the Board of Directors.
Her extraordinary expertise in digital marketing, coupled with her unique
business perspective, will be invaluable." The Full Research Report on
Bloomin' Brands, Inc. - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
BJ's Restaurants, Inc. Research Report
On July 31, 2013, BJ's Restaurants, Inc. (BJ's Restaurants) released its Q2 FY
2013 results (period ended July 2, 2013). Revenues were up 9.8% YoY to $198.5
million. Net income was down 4.1% YoY to $8.6 million. Diluted EPS was down at
$0.30, compared with $0.31 in Q2 FY 2013. Greg Trojan, President and CEO of
BJ's Restaurants, stated, "Our four-wall restaurant productivity, efficiency,
expense management and guest service metrics were solidly delivered, despite
the headwinds generated by the choppy sales environment. While we are pleased
with our four-wall execution, driving sales remains our highest priority. We
intend to pursue a more aggressive use of certain marketing levers to generate
new traffic momentum, including additional television advertising in selected
markets where we are more media efficient and loyalty program initiatives that
have shown favorable top-line results in tests earlier this year. While we
plan on being more aggressive in driving awareness of the BJ's brand, we will
do so only in ways that protect its overall quality, differentiation and value
for our guests as we continue executing our national expansion." The Full
Research Report on BJ's Restaurants, Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
Burger King Worldwide, Inc. Research Report
On July 31, 2013, Burger King Worldwide, Inc. (Burger King) released its Q2
2013 financial results. Revenues were down 48.5% YoY to $278.3 million. Net
income was up 30.5% YoY to $62.9 million. Diluted EPS was up 28.6% YoY to
$0.18. Daniel Schwartz, CEO of Burger King, commented, "Strength in EMEA and
APAC helped drive a return to positive comparable sales in the second quarter.
We continued to accelerate international growth with 125 net restaurant
openings, primarily in China, Turkey, Russia and Brazil, which could not have
been possible without the solid execution of our experienced joint venture and
master franchisee partners on the ground. Additionally, we successfully
refranchised 305 restaurants, nearly completing our transformation to a
fully-franchised business model. This model is designed to efficiently
leverage the strength of the BURGER KING brand while maximizing value for
franchisees and shareholders. We believe that our proven strategy, world-class
employees and high-performance culture will allow us to continue to generate
sustainable, long-term growth." The Full Research Report on Burger King
Worldwide, Inc. - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
Ignite Restaurant Group, Inc. Research Report
On July 30, 2013, Ignite Restaurant Group, Inc. (Ignite Restaurant Group)
announced that it has opened its first Joe's Crab Shack location in New York
City, located in the Harlem neighborhood of Manhattan. Ignite Restaurant Group
reported that the new 10,000-square-foot branch is the seventh in the state of
New York for the brand. The Full Research Report on Ignite Restaurant Group,
Inc. - including full detailed breakdown, analyst ratings and price targets -
is available to download free of charge at:
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SOURCE Investors' Reports
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