Mk Restaurant Group - 3Q24 Earnings Declined YoY and QoQ, Below Forecast by 6%
3Q24 profit declined YoY and QoQ due to a larger drop in sales compared to the increase in the gross margin, which pressured operating expenses to...
111 Views
Mk Restaurant Group - Lower SSSG to Pressure 3Q24E Earnings
The current valuation has been revised to undervalued (from neutral previously), as the stock price decline has created upside of around 7.5%.
96 Views
MK RESTAURANT GROUP - 1Q24 Earnings up 7% YoY but Down 32% QoQ, 8% Below the Estimate
The 1Q24 earnings increased YoY due to a wider profit margin but decreased 32% QoQ owing to higher operating expenses. M’s earnings came in 8%...
106 Views
Mk Restaurant Group M - Weak Purchasing Power, Higher Competition
We cut our earnings forecasts to reflect weak purchasing power and increased competition in the restaurant business. As a result, the three-year...
343 Views
Agribusiness and Food and Beverage Sectors - October 4, 2024
The combination of the Vegetarian Festival and the school holiday break is anticipated to exert downward pressure on broiler and swine prices in...
152 Views