19.7% of the shares here are locked up tight inside Biglari Holdings; BH.
If you think CBRL is expensive, try SHAK, LOCO, and PBPB.
You did not short unless you are really stupid. Look at the chart and look at the FULL parking lot. Then observe the huge breakfast which is high profit. If you did really short after observing this you should just give up on the market.
Again no one thinks you shorted. I have made about 16 points this year on CBRL. I do not think you did that being short.
raise prices and get you out of there as soon as possible so the next person can take your seat and spend their money.....come on 250 for a cup of coffee...
CBRL has a 3.8 billion market cap at that price each location is valued at 6.5 million dollars.. I don't see it... With that said I wish i would have picked up some shares 5 years ago...
I think the company has acknowledged that a fast casual concept is in the works. The first stores are expected to be open by the end of the next fiscal year (ie - July 2016).
I have been to CBRL on a couple of occasions and the food was OK nothing great. Most of the people that were in there were senior citizens and some families. I'm a senior citizen so this is not a slap to them but a concern that the younger generation is not there type of customer. I don't think they will be able to make a menu change that will attract them so I shorted the stock. The millenniums will not be going there to eat!
Estimate is based on 7 analysts, but only 5 modified their estimates in the last 7 days, and maybe not all the 5 revisions were after earnings were announced. I notice lots of apparent discrepancies in the Yahoo figures. I wonder how much analyst turnover there is as regards who is submitting estimates.
You must really be a LOSER! If a NUT like you invested $10,000 back in 1984 and did NOT reinvest dividends you would be a MILLIONAIRE today. The YEARLY dividend paid today is over 2.5x the initial investment a NUT like you could be making. This has been an INCREDIBLE stock. You make a FOOL of yourself by shorting a stock like this. I'm willing to bet an imbecile like you has already lost mucho dinero by shorting this stock already. It's at and ALL TIME HIGH now, you MORON! By the way, this WINNER went public at the tail end of 1980 so a NUT like you could be UP even more than I previously stated.
Cracker Barrell 2nd quarter earnings beat analysts estimates by .31, but yet th analyst earnings on Yahoo only raised the yearly earnings by 13 cents. Not sure how that is possible. If you add the reported earnings and estimated earnings for FYE 2015, you get 6.46, not 6.25.
Oct 14 Jan 15 Apr 15 Jul 15 Jul 15
EPS Actual/Current Estimate 1.42 1.93 1.36 1.75 6.25