Given the shrinking share count with the massive buybacks these guys are dedicated to executing, I'm thinking the new stores that are coming online this year and next are really going to give a boost to earnings. Thoughts? Personally, I think, the BOD is intent on lowering the share count to take this private in the next year.
Can i repeat myself, this new franchise expansion this quarter is hugely bullish for DAVE. There is next to none expense related to bringing on a franchise. If these franchises werent performing you wouldnt have seen people signing up to pay a couple hundred k to open restaurants in HI, CA, and CO. A restaurant company with a strong franchise base always gets a higher valuation than one with company owned restaurants.