9.4% Same Store Sales Drop At Chili’s
Chili’s parent Brinker International (EAT) this morning reported a 9.4% same store sales drop at Chili’s for the quarter ended June 24, 2009. What a great recovery!
Chili’s parent Brinker International (EAT) this morning reported a 9.4% same store sales drop at Chili’s for the quarter ended June 24, 2009. What a great recovery!
Sacrameno’s best known public company, McClatchy Co. (MNI), owner of the Sacramento Bee, Miami Herald and other major newspapers, has been one of the worst stocks in the entire market the last couple of years. On top of an industry-wide…
By selling land at huge discounts to what it was once valued, big builders generated large losses for tax purposes. By applying those losses against profits during prior years, they have collected about $2.55 billion in tax refunds this year,…
Demand for our services weakened sequentially throughout the quarter and global economic trends continue to worsen, substantially reducing our second half outlook. – Alan Graf Jr., CFO, Federal Express Yesterday after the close, Federal Express (FDX) took down their full…
The best stock recommendation I ever got was at an investors meetup in San Francisco about a decade ago. At the time I was infatuated with a stock called Ambarella (AMBA) which provided the chips for GoPro (GPRO) – which…
Credit card company Discover Financial Services (DFS) reported 4Q22 earnings after the close Wednesday. DFS has a total loan portfolio of $112 billion – $90 billon of which is credit cards. When consumers start feeling financial stress, it shows up…
These companies are not going to see their markets jump back immediately. Their earnings power has been lowered. This is a reason to sell not buy. The theory that if the company writes off $2 billion it should see its…