Restaurants – VectorVest CA

30 10, 2023

McDonald’s Raises Prices and Beats 3rd Quarter Targets, But Is This Strategy Sustainable?
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McDonald’s Raises Prices and Beats 3rd Quarter Targets, But Is This Strategy Sustainable?

Feature: Stock Market Investing, Featured: News, Hot Stocks

McDonald’s Raises Prices and Beats 3rd Quarter Targets, But Is This Strategy Sustainable?

By VectorVest|2023-11-08T15:38:17+00:00October 30th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: Consumer Cyclical, Hot Stock, Hot Stocks, MCD, Mcdonald’s Corporation, Restaurants|

McDonald’s (MCD) started the week with a bang releasing results from its 3rd quarter. The company beat analysts' estimates through a series of price hikes to give sales a much-needed lift. That being said, there is concern that customers won’t tolerate these prices in the long term. The fast food chain reported revenue of [...]

12 10, 2023

Domino’s Pizza Reports Massive Profit Growth, Slight Revenue Miss: Should You Buy This Stock?
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Domino’s Pizza Reports Massive Profit Growth, Slight Revenue Miss: Should You Buy This Stock?

Feature: Stock Market Investing, Featured: News, Hot Stocks

Domino’s Pizza Reports Massive Profit Growth, Slight Revenue Miss: Should You Buy This Stock?

By VectorVest|2023-10-12T17:28:51+00:00October 12th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: Consumer Cyclical, Dominos Pizza, DPZ, Hot Stock, Hot Stocks, Restaurants|

Shares of Domino’s Pizza (DPZ) are up nearly 3% in Thursday morning’s trading session after the company reported massive profit growth that exceeded analyst expectations for the third quarter. Earnings per share came in at $4.18 compared to just $3.31 that analysts were looking for. However, revenue of $1.03 billion was a step backward [...]