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Darden (Dri) Has Excellent Quarter In Still Tough Environment, What’s Cooking?

Darden Restaurants (DRI) has just proved to be the exception to the recent rule among restaurant operators. They reported an excellent quarter, with blended same store sales up 3.3%, and traffic up a bit, which hardly anybody else is accomplishing. Visit www.rogerlipton.com to view free restaurant company descriptions and other articles.

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Restaurants To Bear the Brunt of Rising Distribution Costs

Piper Jaffray analysts Nicole Miller Regan and Josh Long’s recent conference call on foodservice distribution isn’t good news for restaurant chains looking for falling food commodity costs to offset rising labor expense.

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Cracker Barrel's Fourth Quarter—A Metaphor For The Industry?

If anybody thinks it is getting any easier out there, Cracker Barrel's report yesterday should provide a dose of reality. Comp sales declined 0.4% in the fourth quarter ending July 31, but the average check increased by 3.5% (menu price increase was 2.7%), so traffic was down about 3.5%.

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Dave & Buster's (Play) Reports Q2—Stock Up 7%—How Is Big Bet (Virtual Reality) Doing?

Dave & Buster's Entertainment reported their second quarter results last Thursday and the stock responded positively, up 7-8% on the slight sales "beat," the more material EPS beat, and positive company commentary regarding results of the new Virtual Reality platform. Visit www.rogerlipton.com to view free restaurant company descriptions and other articles.

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The Restaurant Finance Stock Market Index Outperforms in Second Quarter 2018

In this second quarter ending June 30, 2018, the value of the Restaurant Finance Monitor Stock Index increased 14.63%, which brings the YTD performance to 14.84%, including dividends. That easily beat the S&P 500 Index which gained 2.9% during the quarter.

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Papa John's (Pzza)—Should You Be Long Or Short This One?

I don’t normally disclose our “bottom line” in terms of our position (long or short) in companies that I write about. However, Papa John’s is sufficiently liquid in terms of trading volume and adequately controversial in terms of the investment community’s dialogue. Visit www.rogerlipton.com to view free restaurant company descriptions and other articles.

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Cristin O’Hara: Long-term Strategy Is Recipe for Financing Success

Cristin O’Hara appreciates a good story. The fact that restaurant operators often have an interesting story to tell is one of the reasons that drew her into restaurant finance in the first place. O’Hara currently serves as the managing director and head of the Restaurant Group at Bank of America Merrill Lynch.

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The Mess at Papa John’s

Papa John Schnatter’s loose lips now put him in the same camp as former race luminaries Jimmy The Greek and Donald Sterling. The only thing I’ll say here about Schnatter’s faux pas: It’s not good for selling pizzas.

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Restaurant Brands International (NYSE-QSR)—A Single-Digit Grower for the Foreseeable Future

The recent press release by Restaurant Brands International (NYSE-QSR) relating to initiatives at Tim Hortons, 
its now admitted troubled subsidiary that contributes about half of its corporate EBITDA, tells us a
lot about the prospects for the company over the next few years. Visit www.rogerlipton.com to view free restaurant company descriptions and other articles.

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Dine Brands Global—IHOP and Applebee’s Initiatives Galore. Is There a Chance of Success?

Dine Brands Global, previously known as DineEquity, operator and franchisor (franchisor mostly) of the IHOP and Applebee’s brands, has had its share of challenges in recent years. Visit www.rogerlipton.com to view free restaurant company descriptions and other articles.

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Josh Lewis: Real Estate Experience on Both Sides of the Table

As senior vice president of acquisitions at National Retail Properties (NNN-NYSE), Josh Lewis is helping the net lease REIT acquire on average between $650 million and $850 million in restaurant and retail properties each year. But it was not long ago Lewis was sitting on the other side of the table helping restaurant operators structure sale-leaseback transactions.

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Howard Schultz: 'Business Leaders Cannot Be Bystanders'

Starbucks (SBUX), the house that Schultz built, is a success story that has inspired many. It is also a Top 10 holding in the Restaurant Finance Monitor and deserves comment. Starbucks has led both technologically and culturally through its 175,000 “green aprons.” However, on June 26, its founder, Howard Schultz, will move on to bigger, and hopefully better things.

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Four Corner’s Bill Lenehan: An Appetite to Acquire Restaurants

Bill Lenehan is CEO of that new REIT entity—Four Corners Property Trust (NYSE-FCPT) – and he is helping other restaurant chains and individual franchise operators by acquiring their properties and then leasing them back via long-term net leases.

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Shake Shack (SHAK) Reports First Quarter 2018—Stock up 25%—What’s Going On?

36% of the stock float was sold short, so the numbers came through “adequately”, and the stock didn’t go down, so the short-term traders panicked, covered their positions and drove the stock higher. Visit www.rogerlipton.com to view free restaurant company descriptions and other articles.

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Roger Lipton: Restaurant Brands International (QSR) – A Great Number of Moving Parts, Financial, Legal, Operationally in the First Quarter

QSR reported their first quarter results on April 25th, including eagerly awaited commentary regarding the important relationship with their Tim Horton franchisees. Visit www.rogerlipton.com to view free restaurant company descriptions and other articles.

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Sandra McCraren: Celebrating 30+ Years in Finance

Sandra McCraren will be the first to admit that when she started her career in restaurant financing nearly 30 years ago, she definitely had luck on her side. She went to work for a bank that was in the very early stages of helping form what is now the national lending program for McDonald’s franchisees.

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Conferences

Cosmopolitan Hotel

Restaurant Finance & Development Conference
November 12-14, 2018​
Wynn/Encore Las Vegas​

Find financing and make deals at the best networking event in the restaurant industry.

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FINANCE & REAL ESTATE DIRECTORY

Franchise Times would like to introduce you to the lenders and real estate advisory sources that are targeting the restaurant industry.

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Finance & Real Estate Directory

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