Gene Lee – President and CEO Unit economics of a new acquisition “Next, the restaurant level economics are very attractive. Cheddar’s has average restaurant volumes of 4.4 million, average restaurant guest counts of approximately 6,300 guests per week and an … Continued
Lawrence Kurzius – President and CEO Saw a slowdown then an uptick “As has been widely recognized by food analysts and investors, U.S. consumer purchases for center-of-store food were soft in the first quarter, especially in February. This is based … Continued
Arnold Donald – President & CEO A lot of change happening in Cuba already, but slowly “No, not that I’m aware but at this point in time obviously there are number of ships going for the first time, including Paradise … Continued
Brian Jenkins Getting a little bit of moderation in wage rate “We do anticipate labor to move to the negative side next year. So it’s a pressure point to our P&L moving into 2017, largely on the heels of wage … Continued
Gary Friedman – Chairman and Chief Executive Officer We’re making long term decisions “we believe we are going to be a long-term growth company. We are an investment platform. And we think we keep getting smarter and we are going … Continued
Manny Chirico – Chairman and CEO US is still challenged “Sure, I guess I’d just take a step back more from a more micro and maybe more focusing on the short-term is as you would expect as we’re looking out … Continued
Ken Powell – Chairman & CEO Thoughts on weakness of Nielsen data “So as we — you know, we’re obviously seeing the same trends for the industry. If you look at kind of where the food and beverage industry is … Continued
Mark Parker – President and CEO Digital is the foundation fo the shopping experience “The consumer has decided digital isn’t a just part of the shopping experience. Digital is the foundation of it. This and other factors have shifted consumer … Continued
Oscar Feldenkreis – President & CEO George Feldenkreis Reduced retail space is a positive “Generally speaking, we believe that the new reduced retail space in America is a positive development in the long run, especially in light of the way … Continued
Debbie Ferrie Weather impact “The warm weather at the beginning of the quarter stimulate sales of fashion boots, athletic and casual footwear. With the onset of cold weather in December our merchandizing and marketing strategy created a stronger than expected … Continued