Most of the chain restaurant earnings for the quarter are now in, but it will be interesting to watch Burger King (BKC) on August 25. This quarter, virtually all companies beat analysts estimates based on commodity and other cost structure reductions, all of which essentially fall 100% through to the bottom line.
So beating projections on cost decreases is good but should be no surprise in this sector right now.
Read more:
http://seekingalpha.com/article/156468-chain-restaurants-q2-earnings-what-s-going-on?source=yahoo
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