Zoes Kitchen (ZOES) Reports In-Line Q2 EPS; Comps Light of Views
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Stifel Remains Sidelined on Zoe's Kitchen, Inc. (ZOES) Following 2Q Report
August 23, 2016 9:30 AM EDTStifel 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 EDTBuckingham 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 EDTJefferies 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
