Nothing says “look at me, I’m an American,” like a fucking restaurant filled with fat fuckers. Looking over the year to date gains of some eatery stocks, one might conclude that this fat country has an eating problem. Hmmm.
CMG+ 185%
RUTH +153%
KKD +140%
DIN +119%
MRT +105%
BJRI +100%
Why are these stocks up so much?
Answer: people are gluttonous pigs.
In all seriousness, people really are gluttonous pigs and they swarm to new restaurants. Where I live, Mrs. Fly and I poke fun at the locals, whenever a new restaurant opens. They literally wrap a line outside of any new restaurant, around the corner, as if food was in scarce supply. The question you have to ask: what’s the next one to go?
How about new issue BBRG?
Sure, why the fuck not? Everyone is head over heels stupid over Mexican food, when Italian is clearly the better choice. Plus, they don’t have any stores in California or NYC. Think expansion.
From the last earnings release, here is their outlook
We are providing the following outlook for the full year 2010:
- Revenues are expected to be in the $342.0 million to $345.0 million range
- Total comparable restaurant sales are expected to increase by approximately 1.5%
- Five restaurant openings, including two BRAVO! and three BRIO
- Modified pro forma diluted earnings per share of $0.72 to $0.75, reflecting an annual increase of 80.0% to 87.5% from the full year 2009
NOTE: I initiated a position in BBRG today.
If you enjoy the content at iBankCoin, please follow us on Twitter
Does first bring good luck?
only if your name is Bill.
Are you the Mr. Garrison from South Park?
Wow check out KKD, FFFFFAAAAAAAAT
No shit, KKD opened a store in one of Bangkok’s high-end shopping malls back in October. The line stretched outside and around the corner of the mall. I thought it was quaint.
Well I came back a month later, during the middle of a weekday and the line was just as long. Fuckers are walking out of the place with 6 dozen donuts. I shit you not. That one store is probably adding 3 cents per share to earnings.
People are saving lots of money not making their mortgage payments. It’s gotta go somewhere.
Why not try that new place; I don’t feel like going to the gym.
Health Care will be free anyways. Might as well have some extra sour cream & cheese on that burrito. It’s completely consequence free!
I best describe myself as a fat guy trapped in an almost fat guy’s body. I’m not fat. But if my inner fat guy had his way more often, I would look like an average American.
Trivia moment: In Canada, Halifax and Saskatoon are tied for the title “fattest city”.
Not to mention they are from Ohio. I bet our new Congressional leader, loves to eat there.
http://www.youtube.com/watch?v=jllJ-HeErjU
Charlie Brown’s just filed for bankruptcy – always an exception to the rule.
No one eats at that dump.
Actually plenty of people do, but the CEO fraud charges didn’t help.
They were getting sued for various labor law violations. Making people work off the clock and shit.
Looking for crappy restaurant stocks I got one for you, UFFC. I have been in and out this guy a bunch. Cheapest buy in .07.
Fat fucks, yes. Face stuffing, absolutely. Especially during the holiday season, and I ain’t talking about the I-don’t-give-a Ram-a-damn holiday season. I leave that to others.
Stuffing one’s corpulent self to the bursting point, inevitably leads to the purchase of exercise equipment because of the delusion that the aforementioned fat fucks might actually posess the willpower to follow through on that ever-so-popular New Year’s Eve Resolution… you guessed it… exercise and lose weight.
Of course it’ll never happen. That, however, should not prevent one from seeking profit.
Therefore, may I present to you, NLS. I intend to follow through on my “guilt induced fat fuck” thesis by entering a buy order in the $1.40 region.
A good day to you all.
Long blood pressure and cholesterol drug manufacturers into 2012!
Joined the PPT for a year.. Just bought BBRG. @18.50…450 shr
I read a news wire yesterday that the World Health Organization estimated that 66% of Americans are overweight and one third are obese. They also added that these stats have doubled over the past 30 years. The stocks attached to the wire were WTW, NTRI, and MED. Oddly, the sales of suction-cup Garfield car window toys have doubled over the same period. Hmm.
I actually like the risk/reward of MED here with its 20% short of float (and low float) and Wedbush’s initiation of coverage yesterday.
A lot of it has to do with plastics and toxic materials exposure.
LOL…restaurants in the Boston area PACKED! This is one area where people are spending their clambux.
For clams at Jimmy’s by the Sea?
_______
I am long pecan waffles, a triple order of hash browns smothered in onions, biscuits smothered with sausage gravy, a pork chop, and waitresses a with hairy armpits at Waffle House.
Throw in some apple or cherry pie and you got a nice ‘last meal’ request there. (waitress optional)
SYY
http://www.youtube.com/watch?v=Y2Bs1ZZ-7b8
It would be wrong not to post this.
Do we really need another crappy Italian chain? No. Therefore, this will surely be this season’s GMCR.
After 9-11: James Coney Island full…
Now: Ruth’s Chris Steak House full
I’ve got to think the Slope is in full meltdown mode by now.
Belch, flatus, Rolaids
I got int a large BX position today, wish me luck!
Market seems like it has made up its mind to go a shit load higher in the next few months.
Question for Jeremy: My Gravatar works here, but not on the PPT. How to have it work for PPT posts?
Nice strong finish to FTK.
As these “Gluttons-R-Us” companies expand (no pun) overseas, the rest of the world will be infected with obesity. Definitely a growth industry.
Brio has been in the DFW area for over 5 years now. Open-aired mall in Southlake, Texas. Packed restaurant, overpriced food and wine (who wants to pay $20 for cheese ravioli?). All just to sit next to some hick from the country who might happen to have $200K in their account now thinking they are rolling big time in their Suburban XXXXLT. Agreed, it will make a mint on these overstuffing fatasses eating garlic bread for $8 and drinking shitty Pinot Noir from a vineyard down the street. I’m In. Buying tomorrow. Obesity and New Money Rule!
Who the hell are you, Arthur, Duke of Wellington?
________
definitely have issues with those individuals who were willing to buy their high school kid an H2 to drive to school but meanwhile were going bankrupt just to keep up with the country version of the Joneses. Now, real estate values have plummeted (I own real estate near the open air mall) but Brio still sits there with the next wave of the “debt ridden generation”.
New money = No money.