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Monday Mashup - 1

Recent Notes

04/06/15 Monday Mashup

04/08/15 REPLAY | ZOES: Standing Out from the Crowd

04/09/15 Casual Dining Continues to Cool

04/09/15 MCD: Boom, Like That

04/10/15 Sales and Traffic Downtrend Continues in March

Events This Week

  • None

Recent News Flow

Monday, April 6

  • COSI announced the completion of Hearthstone merger.
  • PLKI announced the retirement of board member Victor Arias, Jr.
  • BOJA chicken chain Bojangles filed for a $100mm IPO through Bank of America Merrill Lynch, Wells Fargo, and Jefferies.

Tuesday, April 7

  • WEN was resumed neutral at Goldman Sachs with a $10.50 PT.
  • ZOES appointed Cordia Harrington (CEO of Tennessee Bun Company) and Alex Taylor (former Chairman and CEO of FGX International) to its board of directors.  They will take the place of directors William Barnum, Jr. and Anthony Choe (both affiliated with Brentwood Associates) who agreed to resign from the board on April 6.

Thursday, April 9

  • SONC announced CFO Stephen C. Vaughan was promoted to the Company’s Executive VP of Franchise Operations, Finance and Planning.  Claudia S. San Pedro was promoted to Senior VP, CFO and Treasurer.

Commodities

Monday Mashup - 2

Sector Performance

The SPX (+1.7%) outperformed the XLY (+1.3%). Casual dining stocks underperformed the XLY, as quick service stocks outperformed.

Monday Mashup - 3

Monday Mashup - 4

Casual Dining Restaurants

Monday Mashup - 6

Monday Mashup - 7

Quick Service Restaurants

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