The companies on this page reflect all of the portfolio companies, long and short, as of March 19, 2024, in respect of which (‘A’) Pershing Square or any Pershing Square Fund, as applicable, has designated a representative to the board, filed Schedule 13D, Form 4 or a similar non-US filing or has made a Hart-Scott…
GEN Restaurant Group, Inc. (NASDAQ:GENK) Q4 2023 Earnings Conference Call March 6, 2024 5:00 PM ET Company Participants David Kim – Chair and Co-CEO Tom Croal – CFO Conference Call Participants George Kelly – Roth Capital Partners Jeremy Hamblin – Craig Hallam Todd Brooks – Benchmark Company Operator Good day ladies and gentlemen, and thank…
SOPA Images/LightRocket via Getty Images Thesis Summary Today’s research article covers The Cheesecake Factory (NASDAQ:CAKE), in the consumer discretionary / restaurant sector, to which I gave a buy rating. My portfolio strategy with this stock is (stable dividend income generation and growth, capital gains). A few points supporting my rating include YoY revenue growth and…
IB_photo Investment Thesis I assign a “BUY” on Restaurant Brands International (NYSE:QSR) with an implied share price of $83.88. RBI is an asset-light business with growing royalties underpinned by high-quality brands such as Burger King, Tim Horton, Popeyes, and Firehouse Subs. I believe the involvement of the new chairman can benefit the company, given his…
Bruce Bennett Carrols Restaurant Group (NASDAQ:TAST) is the largest Burger King franchisee in the country operating ~15% of all U.S. Burger Kings. Since becoming a public company in December 2006, TAST has delivered a total return of 111%. Comparably, the S&P 500 has delivered a total return of 364% during the same time period. While…
Witoon Pongsit/iStock via Getty Images Roughly one year ago, I wrote on First Watch Restaurant Group (NASDAQ:FWRG), noting that the company’s strong traffic performance relative to peers was encouraging, and that the stock was a name worth considering on any pullbacks below $13.50. Since bottoming at $13.30 in December, the stock is up over 34%…
Can Bitcoin possibly rhyme with tradition? This new currency is so young and so different from the usual dollars and euros, that for most people it seems disconnected from the economic reality and even further – from their lives. Despite the fact that paying with Bitcoin is not much more complicated than paying with a…
Roland Magnusson Carrols Restaurant Group (NASDAQ:TAST) which is known as the franchise operator of more than 1,000 Burger King locations and several Popeyes locations in East Coast announced its results for the last quarter on August 10th. The company’s results showed a lot of encouraging signs that its turnaround might be in progress, but I…