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Analysts initiated coverage: Neutral on MCD; Buy on MOVE and EAT; Outperform on SLDB; Equal-Weight on GOLF, with price targets announced.
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Brinker International announced strong first-quarter fiscal 2027 results, featuring $1.46 billion in revenue and a 9.1% increase in comparable sales, alongside updated full-year projections.
Brinker stock jumped as Q1 adjusted EPS hit $2.77, beating estimates. Strong Chili's sales drove revenue up 9.4% to $1.476 billion.
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Analysts cut EAT, TTMI and MRTN targets, while raising SPOT, RBLX, S, PG and ARGX; ratings were largely maintained.
Stephens & Co. analyst Jeffrey Lick maintains Acushnet Holdings (NYSE:GOLF) with a Equal-Weight and lowers the price target from $88 to $81.
Acushnet Hldgs (NYSE:GOLF) reported second-quarter financial results on Thursday. The transcript from the company's second-quarter earnings call has been provided below. This transcript is brought to you by Benzinga