$BJRI (BJ's Restaurants, Inc.)

$BJRI {{ '2016-03-16T22:00:59+0000' | timeago}} • Announcement

Restaurant company $BJRI said it has opened its third new restaurant this year and its first restaurant in the state of North Carolina. The new restaurant opened on March 14, 2016 at the Hanes Mall in Winston Salem, North Carolina. The restaurant is approx. 7,300 square feet, seats approx. 225 guests and features $BJRI's extensive menu.

$WEN {{ '2017-07-20T13:29:38+0000' | timeago}} • Announcement

$WEN's BoD on July 19 lifted the size of the Board from 11 to 12 members and elected Kristin Dolan to serve as a director of the company, effective immediately. Most recently, she served as COO, a role in which Dolan led all aspects of the company's cable operations.

$GWW {{ '2017-07-19T19:32:05+0000' | timeago}} • Webcast

In the US segment, $GWW said it expects volume growth of 6-8% in the back half of the year, based on price changes. The company, meanwhile, did not give a month-wise update on volume growth.

$GWW {{ '2017-07-19T18:59:11+0000' | timeago}} • Webcast

$GWW said its mid-size customer volume continued to accelerate throughout 2Q17 and was positive for the first time in five years during the quarter. The company added that currently, about 50% of the mid-size customer volume is on more competitive pricing.

$GWW {{ '2017-07-19T14:00:08+0000' | timeago}} • Infographic

$GWW W.W. Grainger, Inc. Earnings AlphaGraphic: Q2 2017 Highlights

$GWW {{ '2017-07-19T12:44:44+0000' | timeago}} • Announcement

$GWW's sales for the US segment were up 1% YoY in 2Q17, driven by a 5 percentage point increase from volume. Canada segment sales fell 3% in US dollars, while sales for the Other Businesses increased 11% during this period.

$GWW {{ '2017-07-19T12:41:24+0000' | timeago}} • Announcement

In the US segment, $GWW's gains from the sale of assets in 2Q17 were offset by restructuring costs. The Canadian business announced plans to close 59 branches in 2017 as part of restructuring. $GWW also announced the wind-down of its business in Colombia. Restructuring items represented $1.07 per share in charges.  Excluding them, EPS decreased 5%.

$GWW {{ '2017-07-19T12:37:57+0000' | timeago}} • Announcement

$GWW CFO Ron Jadin announced that he will be retiring at 2017-end. Jadin joined Grainger in 1998 and has served in various financial roles including as CFO since 2008.

$GWW {{ '2017-07-19T12:34:09+0000' | timeago}} • Announcement

Despite a drastic fall in earnings in 2Q17, $GWW reiterated its 2017 sales and EPS guidance of sales growth of 1-4% and adjusted EPS of $10-11.30. CEO DG Macpherson said, "Outside the US, we took aggressive action to streamline our portfolio and focus on profitable businesses. Based on what we are seeing, we are reiterating our 2017 guidance."

$GWW {{ '2017-07-19T12:26:52+0000' | timeago}} • Announcement

Industrial supplies company $GWW saw 43% fall in net earnings in 2Q17, even as sales increased 2% to $2.61Bil. The sales growth during the quarter was spurred by its continued volume growth from the pricing initiatives in the US. Net earnings were $98MM, or $1.67 per share, compared to $173MM, or $2.79 per share in the year-over period.

$BJRI {{ '2017-07-10T14:33:54+0000' | timeago}} • Announcement

Restaurant operator $BJRI has entered into a partnership with on-demand delivery platform DoorDash for delivery of BJ’s entire menu of food and beverages directly to customers’ doorsteps in select cities. Initially, the service will be available at 61 restaurant locations in 12 cities including California.

$LNCE {{ '2017-06-28T15:14:37+0000' | timeago}} • Announcement

$LNCE's BoD appointed Brian Driscoll as its President and CEO. Driscoll has been serving as its Interim President and CEO since April. He was the former President and CEO of Diamond Foods and was appointed to the $LNCE's BoD on Feb. 29, 2016 in connection with the company's acquisition of Diamond Foods.

$BJRI {{ '2017-06-28T12:04:50+0000' | timeago}} • Announcement

$BJRI announced the opening of its restaurant in Fredericksburg, Virginia. The new BJ's Restaurant opened on June 26, 2017, at 1861 Carl D. Silver Parkway.

$DRI {{ '2017-06-27T13:34:43+0000' | timeago}} • Webcast

$DRI commented that on the industry in general, it is seeing some weakness in Houston and New York City, but overall the company has not seen a lot of change in the competitive landscape. On the $AMZN's acquisition of $WFM, the company believes people still want to come to restaurants and the acquisition won't have a big impact on $DRI.

$DRI {{ '2017-06-27T13:14:18+0000' | timeago}} • Webcast

Replying to a question on EPS guidance for 2018 and if the company is assuming the $22-27MM in synergies to close in 2018, $DRI stated that it is assuming low single-digit millions to flow into 2018 and the rest to go in to 2019.

$DRI {{ '2017-06-27T12:09:19+0000' | timeago}} • Infographic

$DRI Darden Restaurants Earnings AlphaGraphic: Q4 2017 Highlights

$DRI {{ '2017-06-27T11:38:34+0000' | timeago}} • Announcement

$DRI repurchased approx. $15MM of its outstanding common stock in 4Q17. In the quarter, same-restaurant sales increased 3.3%, excluding Cheddar's Scratch Kitchen.

$DRI {{ '2017-06-27T11:33:35+0000' | timeago}} • Announcement

For FY18, $DRI expects total sales growth of 11.5-13.0%, with adjusted diluted EPS from continuing operations expected in the range of $4.38-4.50. The company also expects same-restaurant sales growth of 1-2% and new restaurant openings of 35-40 restaurants in FY18. CapEx is expected in the range of $400-450MM.

$DRI {{ '2017-06-27T11:28:38+0000' | timeago}} • Announcement

Orlando-based multi-brand restaurant operator $DRI reported a 10.68% decline in 4Q17 earnings, impacted by higher cost and expenses. Net earnings was $125.4MM or $0.99 per share, down from $140.4MM or $1.10 per share a year ago. Total sales was up 8.1% YoY to $1.93Bil. Excluding items, $DRI earned $1.18 per share.

$BWLD {{ '2017-06-19T15:24:27+0000' | timeago}} • Announcement

Restaurant operator $BWLD has decided to sell some of the company-owned restaurants, as part of its ongoing portfolio optimization process. The company has selected a total of 83 restaurants for refranchising in Canada, Central and Eastern Pennsylvania, Northeast US, South Texas and Washington DC.

$SPG {{ '2017-06-15T17:11:54+0000' | timeago}} • Announcement

Genting Simon, a joint venture between Genting Plantations and $SPG, has opened Genting Highlands Premium Outlet, its second Premium Outlet Center in Malaysia. The 278,000 sq-ft facility will feature over 130 designers and brand name stores.

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