|Day Low/High||28.70 / 33.59|
|52 Wk Low/High||16.81 / 93.12|
Let's look at Cracker Barrel Old Country Store and Jack in the Box to see why rising EPS doesn't always translate into rising share value -- but can mean a 'catch-up' move is likely.
I'm looking for opportunities amid the ugly action and the food arena is offering them.
A shortened week still brings key economic numbers and earnings results.
* Papa Johns may be the next restaurant stock to be acquired This morning, Inspire Brands, the parent company of Arby's and Buffalo Wild Wings has announced the acquisition of Sonic . The proposed deal is being done at about 15.5x 12-month trailing...
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Jack in the Box has been approached by Apollo Global Management.
Apart from big chains, very few restaurant companies have done well.
Cheesecake Factory, Papa John's and other names in the sector are facing headwinds.
Some of the big names are doing well, but it has been a struggle for many others, include Ruby Tuesday.
Tomorrow's shareholder meeting will see management pitted against activist shareholder Marcato Capital Management in a battle for the company's future.
Stocks are set for the worst start to a trading day in a month as investors grow increasingly worried that the chaos in Washington will delay President Trump's pro-business agenda.
You may not like their food, but these 4 stocks could deserve a bearish or bullish bite.