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Agree 100% except I think it might hit 6.00. Too much debt and they have no growth plan other than to grow at the rate of 3 stores a year.
Sentiment: Strong Sell
When the stock reached its low in March 2009, EV/EBITDA was roughly 2.5x and P/S was
They didn't learn anything from 2009. Other restaurants like CAKE paid down debt, but DAVE Instead ran up debt to buy back RSUs. They need to start getting debt down because this economy is not gonna turn around any time soon.