THE HEDGEYE BREAKFAST MONITOR
Corn has declined in Chicago as speculation mounts that the U.S. may raise its global supply estimate tomorrow.
Casual Dining outperformed peer subsector groups during yesterday’s trading.
PNRA: Shares of Panera Bread gained almost 4% yesterday. Wedbush Securities were quoted in the media as saying that the company may start buying back its own stock, which would provide potential upside to the company’s estimates.
RT: Ruth's Chris gained 15.7% on strong volume yesterday, outperforming both quick service and casual dining.