NEW YORK, May 9, 2017 /PRNewswire/ --
Pre-market, Stock-Callers.com monitors McDonald's Corp. (NYSE: MCD), The Wendy's Co. (NASDAQ: WEN), Yum! Brands Inc. (NYSE:
YUM), and Darden Restaurants Inc. (NYSE: DRI). According to a Zacks report, the US Restaurant space had a dismal run over the
past few quarters in spite of economic growth, lower energy prices, and higher income. Consumers increased their spending only
modestly on dining out, with the situation taking a turn for the worse, thanks to higher health care costs and tightened credit
availability. As a result, traffic has been weak and same-store sales growth has been dull. Download the free research reports on
these stocks today:
http://stock-callers.com/registration
McDonald's
Oak Brook, Illinois-based McDonald's Corp.'s shares gained 0.19%, closing Monday's trading
session at $144.24. The stock recorded a trading volume of 2.81 million shares. Shares of the
Company have advanced 10.83% in the last month, 16.76% over the previous three months, and 19.37% since the start of this year.
The stock is trading 9.53% above its 50-day moving average and 19.38% above its 200-day moving average. Additionally, shares of
McDonald's, which operates and franchises McDonald's restaurants in the US, Europe, Asia/Pacific, Middle East, Africa,
Canada, Latin America, and internationally, have a Relative
Strength Index (RSI) of 85.86.
On May 01 st, 2017, McDonald's revealed the Frork, a quasi-utensil, fry-fork hybrid
designed solely for scooping up the quality ingredients that may fall while eating a new Signature Crafted™ Recipes sandwich. The
Frork works with all three new Signature Crafted™ Recipes: Pico Guacamole, Sweet BBQ Bacon, and Maple Bacon Dijon.
On May 03 rd, 2017, research firm Goldman upgraded the Company's stock rating from
'Neutral' to 'Buy'. See our free and comprehensive research report on MCD at:
http://stock-callers.com/registration/?symbol=MCD
Wendy's
On Monday, shares in Dublin, Ohio headquartered The Wendy's Co. recorded a trading volume of
2.49 million shares. The stock declined 0.66%, ending the day at $15.01. The Company's shares have
advanced 9.16% in the past month, 9.57% in the previous three months, and 11.59% on an YTD basis. The stock is trading above its
50-day and 200-day moving averages by 8.67% and 22.55%, respectively. Furthermore, shares of Wendy's, which through its
subsidiaries, operates as a quick-service restaurant company in the hamburger sandwich segment worldwide, have an RSI of
71.90.
On April 18 th, 2017, Wendy's announced that it will release its Q1 2017 results
before the market opens on Wednesday, May 10 th, 2017. A conference call will follow at
9:00 a.m. ET, with a simultaneous webcast under the investors section of the Company's
website. WEN free research report PDF is just a click away at:
http://stock-callers.com/registration/?symbol=WEN
Yum! Brands
Louisville, Kentucky headquartered Yum! Brands Inc.'s stock finished the day 0.23% lower at
$69.14. A total volume of 2.93 million shares was traded, which was above their three months
average volume of 2.80 million shares. The Company's shares have advanced 7.61% in the last one month, 4.77% in the previous
three months, and 10.20% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 7.10% and 8.62%,
respectively. Additionally, shares of Yum! Brands, which through its subsidiaries, develops, operates, and franchises quick
service restaurants, have an RSI of 81.74.
On May 04 th, 2017, KFC Corporation, a subsidiary of Yum! Brands, announced that
the Company is giving moms the ultimate Mother's Day gift with its first romance novella, "Tender
Wings of Desire," featuring Harland Sanders as the love interest. Paired with a $20 Fill Up™ featuring KFC's Extra Crispy™ Chicken, mothers can finally get what they want this year - a family
meal they don't have to cook, and some alone time with a captivating novella. Sign up for your complimentary report on YUM
at:
http://stock-callers.com/registration/?symbol=YUM
Darden Restaurants
Shares in Orlando, Florida headquartered Darden Restaurants Inc. ended yesterday's session
0.29% lower at $87.08. The stock recorded a trading volume of 803,949 shares. The Company's shares
have advanced 4.44% in the last one month, 21.21% over the previous three months, and 21.50% since the start of this year. The
stock is trading 8.79% and 24.13% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Darden
Restaurants, which through its subsidiaries, owns and operates full-service restaurants in the US and Canada, have an RSI of 72.76.
On April 24 th, 2017, Darden Restaurants announced that it has completed the
acquisition of Cheddar's Scratch Kitchen for $780 million in an all-cash transaction from its
stockholders, including private equity firms L Catterton and Oak Investment Partners. This follows the agreement that
was announced on March 27 th, 2017. The transaction price is subject to customary
post-closing adjustments. Register for free on Stock-Callers.com and download the latest research report on DRI at:
http://stock-callers.com/registration/?symbol=DRI
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