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Bob Evans Farms, Inc. Message Board

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  • newbobe01 newbobe01 Feb 16, 2012 11:53 AM Flag

    queit board

    My family has been investors in Bob Evans since 1976 and done very well, all and all. But there are some simple things they should do RIGHT NOW that would not cost much of anything and I believe would have a dramatic impact on the stock. Anyone who has read my posts before will find some similar rants.
    1. Simplify the Bob Evans Menu! It confuses customers (especially elderly), adds costs, slows down the kitchen, and ultimately decreases the experience for the customer.
    2. Sell Mimi's and NEVER EVER BUY ANOTHER CHAIN. Mimi's is a failed concept. Most people know it is owned by Bob Evans, but it neither delivers a superior breakfast experience and sucks at dinner.
    3. Do not sell owned locations. Owning their own locations has been a HallMark of Bob Evans fromn the get-go. Selling them and leasing them makes a great MBA case study, but takes a lot of management resources to run after the sale.
    4. Up the dividend. Stock buybacks are a loser.

    My 2 cents

    Uncle Bob

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