Zoe's Kitchen (ZOES) September volatility elevated into Q2 and outlook

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Stifel Remains Sidelined on Zoe's Kitchen, Inc. (ZOES) Following 2Q Report

August 23, 2016 9:30 AM EDT

Stifel reiterated a Hold rating on Zoe's Kitchen, Inc. (NYSE: ZOES) following the company's 2Q earnings report. ZOES reported EPS in-line with both Stifel's and consensus estimates. Stifel reduced 2H16/2017 EPS estimates by -$0.03/-$0.03 to -0.02E/$0.20E (vs. our prior $0.01E/$0.23E and consensus $0.02E/$0.23E).

Analyst... More

Buckingham Research Cuts Price Target on Zoe's Kitchen, Inc. (ZOES) Following 2Q and Guide Down

August 23, 2016 8:07 AM EDT

Buckingham Research maintained a Buy rating on Zoe's Kitchen (NYSE: ZOES), and cut the price target to $37.00 (from $45.00), following the company's 2Q earnings report. Comparable-restaurant sales grew 4% vs. the Street's estimates at ~5%. EPS was $0.06, in-line with the Street's estimate and ahead of $0.05 LY. However, trends have slowed further into 3QFY16 and ZOES trimmed guidance.

Analyst John... More

Jefferies Remains Sidelined on Zoe's Kitchen, Inc. (ZOES) Following 2Q

August 23, 2016 7:24 AM EDT

Jefferies reiterated a Hold rating and $33.00 price target on Zoe's Kitchen (NYSE: ZOES) following the company's 2Q earnings report. The company's EPS and EBITDA upside came from 160 bps reduction in COGs with deflation, led by chicken.

Analyst Andy Barish commented, "EPS in... More