I was reading the release. Looking at the fact that they are so excited about a sales increase for the first time since 2008. I'd like to know how much the menu prices have been raised on a percentage basis. While it's good to have sales increases, it's not really exciting if the customer counts are still trending downward. I'd like to hear an analyst talk about customer traffic comparisons on a YOY basis.
Also, pasted below is from the release about next year's remodel estimates:
"Contemplated in this amount is $13 million for 56 total remodels, including approximately $10 million for 44 restaurants in the Detroit and Toledo markets".
According www.bobevans.com , there are 11 locations in Toledo market and 12 in Detroit market. A total of 23. Where do you suppose the other 21 locations are hiding?