It collapsed last quarter to what high 18's with a less than stellar report, then ran to 26+, lets hope and see this time around?
What #$%$ me off the most with this one is the last 2 Qtrs. this sold off before earnings release. This company has more leaks than the freakin Titanic!!!
last time it was indeed an overreaction but this time the stock should experience even more selling pressure tomorrow as some analysts most likely will recommend to step to the sidelines here. Domestic same store sales came in weaker than estimates and will decelerate further going into Q4 and FY2014. Accordingly the initial 2014 earnings guidance also came in weaker than expected.
They also announced problems with one of the seven new small shop outfits so this time investors got plenty of things to worry on the call.
Given the lofty valuation and the muted outlook I would be surprised to not see at least one or two analyst downgrades tomorrow. Would fully expect the shares to test the $20 mark tomorrow.
well you just creamed.....all over your face.
now I remember why I sold this #$%$ years ago before the first crater.
there are some positives also - domestic franchisee comps are looking very strong and international comps see continuing improvements.
Perfect! Houston the fattest city in America! How appropriate! The KKD store front here in Beaverton, Or. that I pass every day is almost empty almost all the time. When will it and all the others in the growing "health conscious communities" close?
It's only a matter of time until people wake up to what they've done to themselves and their children.
As for Houston? They can have ours!