this companies actually missed and trade at much higher PE's and your the one that clearly is worried seeing how you have been trying to bash it down. Seeing as its up almost 2.5% after hours your not going a very good job or wait maybe it is that your wrong and the quarter and guidance was actually pretty good.
lol, beleive managements forecast....LOL, don't make me laugh!
they haven't been very good at it so why beleive them now? Talk is cheap but actual results on revenue hasn't been close, just like this past quarter.
stores are franchised unlike chipotle so they don't feel those costs as much. And they are getting rid of the distribution business which will help profitability going forward. This is a turn around story and they continue to show its working. So you can dwell on that revenue number which is in the past and I'll focus on the raised guidance which is in the future. Which is better to base buying a stock off of? Past or future results??
besides they missed on revenue numbers which is more important and can't be manipulated like net numbers can. There input costs are going to rise, not fall going forward when the effects of rising corn, meat start hitting the markets soon! Why do you think McDonalds, Chipolte and many other restaurant chains are getting hit so bad! There is a reason this was downgraded before earnings and you'll see more going forward.
wow you are an idiot, not too they only missed revenue a tad and raised guidance for the year so that is why the stock is currently up after hours and will likely be up tomorrow. If it was so bad like you implying then we would be down 10% +