At the end of SWY's 2013 third Q ( ends 9/7/13 the company had 239,400,000 weighted average outstanding shares (diluted)...At the end of its 4 q ( ends 12/28/13) they had 243,800,000... How could the share count go up, if SWY indicated that it repurchased 19.5 million shares during the fourth quarter? Shouldn't the share count actually fallen 6.3% from 239,400,000 to 224,300,000? What am I missing here?
last year when they announced 4th q results, they did so on March 13th. This year will likely be the same or a few days later.
the bad news is the stock took a major hit today, but the good news is that volume dried up. That implies the small retail investor was doing the bulk of the selling, and the small investor is usually wrong.
time to get busy buying..waiting to get the shares a little cheaper, is simply being penny wise and pound foolish
the higher it goes, the greater chance we could finally see a downgrade based on the stock hitting an analyst target or two. The fact is, the shares have now exceeded the average analyst target price by more than $20, although we are still $175 from the most optimistic analyst target of $1500. If PCLN did happen to disappoint on Thursday, you could see the shares lose $200-300 in a matter of seconds. At this juncture I think there is more risk than reward being offered due to the recent $225 markup.
he ( Mr. Ells) was awarded those shares ( 75,000) at an option price of $371.63.....the company's portion of his medicare tax is a staggering $217,500 alone. Both Mr. Ells and his employer each have to pay 1.45% for medicare tax... The tax is computed on the employees gain from the exercise of the option
I think those shares were previously included in the fully dilluted share count, so there will be no need to repurchase them to avoid dilution.
It appears that they overpaid for the chain-especially if it causes them to lose money. The Fuddruckers purchase out of bankruptcy, made sense, but this one (cheeseburger in paradise) is perplexing to say the least.
First Dallas increases its holdings from 7.8% to 8.3%. Do they know something the rest of us don't?
This one was just way overheated and needed to correct- it is now down 50 cents from yesterday's high, making the current price a decent entry point. A run to $15 by the end of the month is more than realistic.