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Chuy's Holdings, Inc. Message Board

  • republic_1st republic_1st Oct 17, 2013 10:55 AM Flag

    site selection - Arkansas

    CMG has 1400 US locations and 1 in Arkansas (that's not a typo - there's only 1 in Little Rock). CHUY has 1 (Little Rock) w/ 1 on the way (Rogers). Arkansas ranks very near the bottom in terms of per capita income. Good luck w/ reaching the target demographic (from 10K): persons ages 21 to 44 and persons within the income range of $60,000 to $85,000 per year that dine out frequently.

    I've said it before and I will say it again. This stock s/b $25 max.

    What's the bull case? I'd love to know.

    Sentiment: Strong Sell

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