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Frisch's Restaurants, Inc. Comm Message Board

  • algo41 algo41 Sep 11, 2003 2:28 PM Flag

    buffets

    Buffets is a large scale operator of buffet restaurants. It was taken private in a leverage buy out, but has public debt and hence SEC filings and CC. When taken private, they were doing great. In the current year, same store sales have been down signficantly and they are hoping for about a 2.5% drop in July-Sept quarter. Trends have been good: August was almost level SS. They have reacted by plans to upgrade menu.

 
FRS
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