Del Frisco's Restaurant Group, Inc.
Ruth's Hospitality Group (NASDAQ: RUTH) is a company that cleaned up its balance sheet in 2012 and has (compared to its peers) solid fundamentals, a well-balanced growth plan, and management that is relatively new but experienced and motivated. Due to these factors, the company's stock could increase substantially in the next several months and it might even be considered an acquisition target by a larger restaurant chain or more »
I know that you're probably tired of hearing about Hurricane Sandy effecting the economy. But this must be mentioned yet again in Del Frisco's case. In Del Frisco's prospectus, they had an interesting statement in the risk section:
"Our New York Del Frisco’s location represented approximately 19%, 20% and 18% of our revenues in 2009, 2010 and 2011, respectively...any natural disaster...in or around New York City could...lead to a decrease in revenues."
Quite a few companies have been effected, one way or another, by fluctuating food prices lately. A lot of the food inflation has been brought on by the super-drought the United States experienced this year. Tyson Foods has been effected from an increase in chicken feed prices. Buffalo Wild Wings has seen the prices of chicken wings spike 70% since last year. This has cost both companies profits they would more »