Monday Mashup: BWLD, BJRI and More

Monday Mashup: BWLD, BJRI and More - 11


Recent Notes

10/20/14 Monday Mashup: DRI, EAT and More

10/21/14 CMG: Dip Presents Buying Opportunity

10/21/14 EAT: Earnings Recap

10/23/14 MCD: Millennials Aren't the Problem

10/24/14 Invite | Ebola Forecasting & Containment Call with Dr. Jeffrey Shaman


Events This Week

Monday, October 27th

  • DENN earnings call 4:30pm EST
  • BWLD earnings call 5:00pm EST

Tuesday, October 28th

  • DIN earnings call 11:00am EST
  • KONA earnings call 5:00pm EST

Wednesday, October 29th

  • PNRA earnings call 8:30am EST
  • IRG earnings call 5:00pm EST

Thursday, October 30th

  • SBUX earnings call 5:00pm EST


Chart of the Day

Cheese block prices are up 14.4% YTD and 23.8% YoY.


Monday Mashup: BWLD, BJRI and More - 2


Recent News Flow

Thursday, October 23rd

  • BJRI Wayne L. Jones, Executive VP and Chief Restaurant Operations Officer, announced he will be resigning his position with the company effective November 7, 2014 in order to pursue a new, undisclosed, opportunity in the restaurant industry.

Friday, October 24th

  • BWLD was upgraded to buy from hold at Feltl and Company.


Sector Performance

The XLY (+3.8%) underperformed the SPX (+4.1%), as both casual dining and quick service stocks, on average, underperformed the XLY.

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XLY Quantitative Setup

From a quantitative setup, the sector remains bearish on an intermediate-term TREND duration.

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Casual Dining Restaurants

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Monday Mashup: BWLD, BJRI and More - 7


Quick Service Restaurants

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Howard Penney

Managing Director


Fred Masotta


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