Bob Evans Farms, Inc.
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Which Full-Service Restaurant Stock Is Attractively Valued?
By Robert Ciura - January 30, 2013 | Tickers: BOBE, DRI, DIN
In the search for companies with stable business models, the full-service restaurant industry contains a few companies that are worth a closer look. American consumers kept a tight lid on their spending in 2012, due to a number of economic tailwinds, including the uncertain tax landscape and the fiscal cliff. As a result, is there value in the sit-down restaurant category?
Darden Restaurants (NYSE: DRI) operates full-service restaurants in the more »
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This Stock Needs to Shed Its Baggage
By Gerelyn Terzo - December 14, 2012 | Tickers: BOBE, DF, WWAV
Bob Evans Farms' (NASDAQ: BOBE) food segment couldn't be launching its new frozen Breakfast Bake selections at a better time. Indeed, consumers are looking for a greater variety in their breakfast food items and, according to a recent study released by Mintel and cited in Food Business News, they're not afraid to pay more for those choices.
Indeed, some 57% of people who participated in the Mintel survey more »
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False Assumptions Can Be Disastrous
By William Bias - September 13, 2012 | Tickers: BOBE, CBRL, CAKE
I like to travel and when I leave my home state of West Virginia I like to see wonders that I don’t get to see at home. When I travel I also like to see businesses that are talked about in the financial press but aren’t located in West Virginia. Recently I took a trip to Colorado and saw the much talked about Whole Foods, Chipotle Mexican Grill, and Costco. We didn’t have time to go in the aforementioned businesses but I did make it into another restaurant that isn’t located in West Virginia known as the Cheesecake Factory (NASDAQ: CAKE). The experience in that restaurant reminded me of the importance of providing a relaxing, positive atmosphere with lots of exciting and different choices as part of having a successful business. This experience also reminded me that false assumptions can be disastrous as well as leading to missed opportunities.
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Paying Less for Growth in the Restaurant Sector
By Eric Novinson - May 16, 2012 | Tickers: BOBE, CBRL, TXRH
Some restaurants have strong fundamentals, but they need to maintain very strong growth rates to keep their share prices up because of their extremely high valuations. I decided to look for a few restaurant chains that weren't as aggressively priced. It does seem like there are several value traps in this sector as well, so some of the restaurants with the lowest P/E ratios aren't necessarily buys more »
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Casual Dining's Fragile Recovery
By Jane Genova - April 19, 2012 | Tickers: BJRI, BOBE, DRI, PNRA, TXRH
During 2011, reports Restaurant Management, casual dining broke out of a 2-year slump. Sales increased 8.7%. But, research firm Technomic is among those which forecast no real growth this year, with 2.5% nominal growth. A mild winter might have propped up sales in ways that won’t be sustained. The bears include Sara Senatore of Bernstein Research who has responded by raising estimates for fast casual or Quick more »