If PF was confident enough to buy Wish Bone for $580M, then that means PF has paid off a good portion of its current debt and current cash flow must be very good where it's generating a reasonable amount of money to acquire other brands. I believe PF should easily surpass $27 a share and hopefully reach $28 a share after the earnings announcement.
they may not of paid off all their debt , but they did re finance some of it at under4perent wich is note worthy to get another loan. how ever wish bone will not come in to play until the 3rd quarter; maybe a bit longer.
we might see pf hit$28 by turkey day! will you hold beyond the 52 week high? I will, if I don"t need the cash, let it ride and enjoy some divvy and when it gets too pricey to buy I may sell and enjoy the profits.,then again they might raise the dividend as asbg did what a nice problem to have, lol