This stock just showed up on a value screen I ran on Hoovers. Doing some modest digging afterward - the dividend record, reasonable ROE, beating of recent estimates, and insider buying all continued to whet my appetite (for the stock, not the food!). What are the negatives out there on the stock? Thanks in advance for the inputs.
it does look good on paper... if they rip earnings again (like last quarter) I will be a true believer. I was lucky enough to buy in last fall.
Here's what I don't understand. They have this BB brand going for them, even Austin Powers plugged Big Boy with Dr Evil's space ship. Why on earth are they not aggressively building on the BB brand. Why are they going on the GC concept instead of a slightly more upscale try (a la BOBE, CRBL, etc) where there seems to be growth galore. I'll be very interested in the CC.
You state that results of the new Golden Corrals "don't appear good" yet wouldn't provide details and instead referred me to the company's SEC filings. Actually, the results of the Golden Corral's appear quite acceptable in view of their embryonic nature. They are already profitable and operating margins are trending up. Given that the company plans to grow this concept over the next few years, why would you own this stock if you thought its main growth engine was problematic?