Bob Evans restaurants, on the other hand, need more time to prove that the renovations will boost the weak same-store sales growth. With the sizable investment going into the stores along with sacrificed business due to closures, management has put a lot of faith into the Farm Fresh Refresh initiative.
The above from a recent business website. The evaluation should consider this about the current management.
They are doing so many things now that the old regime wasn't doing. The old regime wasn't forward thinking like these highly educated smart people who have been brought in. So many great schemes have been initiated and they just need more time to succeed. The new regime is equipped to make progressive, visionary, inclusive decisions and changes. Bob Evans is being led by a superb, highly educated, connected, progressive, leader who will work through the current challenges to the benefit of shareholders. 6+ years isn't really that long when you take into consideration how long that old style of management was in