you are viewing a single comment's thread.
Why would you back up the truck on this one? What do you think the fair value for the stock is and why? Are you concerned about the significant revenue miss in today's earnings report?
I really don't want to get into the whole strategy thing again.Rev per unit as they move east will increase. It's the demographic thing. You should know that.
ok, fair enough if you don't want to get into it that is your perogative.I am still not sure why you are not concerned about the revenue miss. You say it is because GCFB is in smaller markets, but its not like the markets were unknown when the projections were made. I know analysts can be wrong, but why were they wrong? This was no small miss. Revenue came in below even the lowest of the five estimates.KONA and BJRI both posted revenues that were well in excess of analyst estimates and they posted sss increases of 5% and 7.5% which also handily beat GCFB.I have a very small investment in GCFB but much much more money in KONA and BJRI. For now I see no reason to change that weighting. Tell me why I am wrong and I will reconsider.
Not concerned at all. Considering these revenues are coming from smaller markets.