THE HEDGEYE BREAKFAST MONITOR
Retail sales less autos and gas for October came in better-than-expected at +0.7% month-over-month. Consensus was expecting a +0.2% increase from September.
Soft employment trends among young males are causing QSR chains to rethink their marketing strategies (link).
DNKN: Dunkin’ Donuts K-Cups did not fare well in a recent review on singleservecoffee.com.
MCD: The McDonald’s PT was raised to $106 from $100 at Sterne Agee. The firm also reiterates a Buy rating on the stock.