On May 15, 2014, The Wendy’s Co (NASDAQ:WEN), announced the declaration of its regular quarterly cash dividend of $0.05 per share, payable on June 16, 2014, to shareholders of record as of June 2, 2014. The Wendy’s Co (NASDAQ:WEN), net profit margin is 3.70% and weekly performance is 1.09%. On last trading day company shares ended up $8.32. Analysts mean target price for the company is $9.16. The Wendy’s Co (NASDAQ:WEN), distance from 50-day simple moving average (SMA50) is -1.80%.
On May 21, 2014, More than 100 demonstrators seeking better pay for McDonald’s Corporation (NYSE:MCD)’s workers were arrested as protesters swarmed the fast-food chain’s corporate campus near Chicago demanding a minimum wage of $15 an hour and the right to unionize. McDonald’s Corporation (NYSE:MCD), advanced 0.59% in last trading session and ended the day on $102.03. MCD, Gross Margin is 38.80% and its return on assets is 15.40%. McDonald’s Corporation (NYSE:MCD), quarterly performance is 9.04%.
In its first-quarter, Krispy Kreme Doughnuts (NYSE:KKD), reported earnings per share in line with estimates but fanned on revenues. Revenues increased 0.8 percent to $121.6 million from $120.6 million. Excluding the effects of refranchising three stores in Kansas and Missouri and three stores in Dallas in February and July of 2013, respectively, revenues rose 2.1 percent. Direct operating expenses were $95.2 million, representing 78.3 percent of revenues compared to 80.0 percent of revenues last year. General and administrative expenses rose to $7.0 million from $6.1 million in the year-ago period, and as a percentage of revenues increased to 5.8 percent from 5.0 percent. The increase in general and administrative expenses in the first-quarter of fiscal 2015 reflects, among other things, approximately $400,000 of incremental expenses related to the implementation of a new enterprise resource planning system. Operating income rose 6.6 percent to $16.2 million from $15.2 million. Krispy Kreme Doughnuts (NYSE:KKD), shares moved up 0.85% in last trading session and was closed at $19.00, while trading in range of $18.69 – 19.25. Krispy Kreme Doughnuts (NYSE:KKD), year to date (YTD) performance is -1.50%.
Zacks reissued their neutral rating on shares of Yum! Brands, Inc. (NYSE:YUM), in a research report released on Tuesday morning. Zacks currently has a $79.00 price objective on the stock. Yum! Brands, Inc. (NYSE:YUM), ended the last trading day at $78.12. Company weekly volatility is calculated as 1.48% and price to cash ratio as 46.98. Yum! Brands, Inc. (NYSE:YUM), showed a positive weekly performance of 4.48%.
Oppenheimer upgraded shares of Sonic Corporation (NASDAQ:SONC), from a market perform rating to an outperform rating in a research note released on Thursday morning, TheFlyOnTheWall.com reports. They currently have $25.00 target price on the stock.Sonic Corporation (NASDAQ:SONC), net profit margin is 7.30% and weekly performance is 0.67%. On last trading day company shares ended up $21.86. Analysts mean target price for the company is $34.27.