Recent Notes
12/22/14 Monday Mashup: BOBE, RT and More
12/23/14 Industry-Wide Comp Outlook (2015)
12/23/14 Statement Analysis (Replay)
Events This Week
None
Chart of the Day
Gasoline prices are down -31.2% YTD and -30.9% YoY.
Recent News Flow
Monday, December 22nd
- BLMN appointed MediaVest as its lead media agency following a review.
Tuesday, December 23rd
- PNRA EVP Scott. G Davis announced he will not return to the company following his previously announced sabbatical for personal reasons. Mr. Davis has played an instrumental role in "the ongoing evolution of the Panera Bread [bakery-café] concept" and had the sourcing, quality assurance, contract manufacturing and logistic teams reporting to him.
Sector Performance
The XLY (+1.8%) outperformed the SPX (+1.3%) as both casual dining and quick service stocks, in aggregate, underperformed the XLY.
XLY Quantitative Setup
The XLY continues to be bullish on an intermediate-term TREND duration.
Casual Dining Restaurants
Quick Service Restaurants
