5 replies to this topic

[abbyjoseph]

There continues to be a lot of strength among restaurant companies and while each specific situation is different, lower gas prices and increased spending are helping the industry.
The Highlights Among Restaurant Stocks

A solid holding in this market remains Cracker Barrel Old Country Store, Inc. (CBRL). The position has done incredibly well since last October and the company recently beat Wall Street consensus, while raising this year’s guidance.

Read more>>http://www.profitcon...staurant-stock/

[AChartist]

I have a little TXRH, was looking at Darden. What I noticed about TXRH, my top ranch brand porterhouse at the grocery is $5 less than a TXRH meal, then add tip. It's come into competition with the grocery, where I cant/wont use walmart beef. In the new middle class economy, middle class is $120k, about 3-5% of the population, this class can afford these restuarants, they may have sufficiently downsized to the tiny middle class with the median class collapse. The tiny middle class may be somewhat stabilized as the corporate cullings have run for many many years leaving them real thin. And they will never retire under taxation losses and criminality tail risks so the older ones will have more spending power. There are exceptions like the nsa gutting technology employers still.

[AChartist]

The deomographic of the older people who can never retire under tax assault and tail risks of government criminality will result in more cash right up until the drop point. This trade may only be good for the year when obamacare corporate exemption expires for the tiny middle class at 120k income above.

[AChartist]

mostly insurance top two items, healthcare is just insurance tax debt, medical deliver is collapsing.


dining is in fact up, 3rd behind insurance. Anecdotally my wife returns home early shorter hours on lighter

patient volumes but also speaks of many cancellations when they find out they actually don't have any insurance coverage

because they don't have $6000 deductible. The dining may be a big function of grocery inflation too and an actual negative qualitatively.

I don't know if we'll actually see medical consumption numbers because it counts obamacare tax into medical but somehow we

see gold mining stocks top well before gold, home builder stocks well before 2008, I will start watching the actual medical equipment stocks.


they count all obamcare tax debt as gdp


http://www.zerohedge...eir-gas-savings

[pdx5]

After having dined in many countries of Europe and Washington DC, most American restaurants are a true bargain. During mid-week we were enticed by Olive Garden Ad about a $12.95 special which included unlimited soup or salad, bread sticks, Appetizer, main course and a small desert. The soups are always good at OG and I had a bowl of minestrone followed by Chicken Nochi soups. I quit soups after 2 bowls and a few bread sticks to keep some room for other dishes to follow. My appetizer was chicken meatballs. For main course I opted for Cheese filled ravioli with meat sauce, it was very good and a good sized portion but I was getting full and took most of it home. The desert was a tiny cup of chocolate mousse. The waiter appeared with shredded cheese to top off the soups and ravioli. Including a beverage, 20% tip and 10% tax my bill for 2 people was $41. I think it was a bargain! I love the ambiance at OG, always lively and brightly lit decor and great service. Olive Garden is owned by Darden and is one of their top producers. It is not the gas price which keeps us bringing back to OG, it is the bargain specials, great service and well prepared food.

Edited by pdx5, 28 February 2015 - 03:37 AM.

[AChartist]

I went to TXRH yesterday, probably wont do that much more, ate for $21 plus tip. It helps that my wife just drinks water. I tip well. The place and the customers are a red neck caricature, my elegant wife doesnt fit in, I probably look like a middle age engineer stiff. No good space to park by car between the monster trucks. Funny this is the last treat the people will give up as they're squeezed, probably its the only think they can afford at all, it's their break from despair. Starbucks fits that new world order stock model too, just a little piece of fiction so they feel like they got something. I see a drop in stocks coming up in two weeks and will likely pick up Darden.