THE HBM: DNKN, YUM, PNRA, BWLD

02/09/12 08:42AM EST

THE HEDGEYE BREAKFAST MONITOR

MACRO NOTES

Consumer

Initial jobless claims came in at 358k versus expectations of 370k and 373k the week prior (revised from 367k).

THE HBM: DNKN, YUM, PNRA, BWLD - initial claim

 

SUBSECTOR PERFORMANCE

THE HBM: DNKN, YUM, PNRA, BWLD - subsec

 

QUICK SERVICE

DNKN: Dunkin’ Brands U.S. comparable store sales were up 7.4% and Baskin-Robbins U.S. comparable sales were up 5.8% as the company reported 4Q EPS of $0.30 versus consensus $0.28.

YUM: Yum Brands was upgraded to Neutral from Sell at Goldman.

NOTABLE PERFORMANCE ON ACCELERATING VOLUME:

PNRA: Panera Bread declined 7.2% on accelerating volume following disappointing earnings.

CASUAL DINING

BWLD: Buffalo Wild Wings was cut to Market Perform by Raymond James.

NOTABLE PERFORMANCE ON ACCELERATING VOLUME:

BWLD: Buffalo Wild Wings led the space, gaining 17%, following much stronger than expected earnings.

THE HBM: DNKN, YUM, PNRA, BWLD - stocks

Howard Penney

Managing Director

Rory Green

Analyst

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.