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Each day, Wall Street is flooded with stock research offering a multitude of conflicting investment opinions. As such, TickerMine is not in the business of providing more opinions. We believe that accurate raw data points can be used to gain insight in to the stock selection and valuation process.
Ruby Tuesday's (RT) Customers Wait Less Than 10 Minutes; Parmesan Shrimp Pasta is the Customer's Fave
Ruby Tuesday, the popular dining chain, was surveyed by Tickermine this month. We asked about their customer's wait time, their most popular menu item and the average cost for a party of two. Wait times were not bad with 19 of the 34 restaurants polled citing a wait of less than 10 minutes (56%). 32% or 11 of those interviewed said their customers wait between 11-20 minutes. Another 6% (two persons) cited their customer wait times as being either 21-30 minutes long or 40-45 minutes. Most parties of two pay between $31-$40 for their meals (13 or 38%). Twelve or 35% stated between $21-$30, 3 or 9% stated between $41-$50 and the following amounts received two responses each or 6%: Less than $20, $55-$65 or $70 per table. The Parmesan Shrimp Pasta was the most popular menu item according to 6 respondents or 19% of those surveyed. The Triple Prime Burger was cited five times or by 15%. The Glazed Ribs, the Peppercorn Sirloin, the Steak and Crab Platter and the Ribs & Louisiana Shrimp dishes were each mentioned three times or by 9% of those polled. The Chicken Oscar, Mini Turkey Burgers and the New Orleans seafood were stated as most popular by two respondents or 9% and each other item was cited once or by 3% of our respondents.
California Pizza Kitchen (CPKI) Still Enjoys a Brisk Trade
California Pizza Kitchen, Inc., the casual dining chain, reported in early April a 10.2% revenue increase from last year and Tickermine's April survey offers some snapshot as to why. The survey polled respondents at 23 locations and asked whether lunch or dinner were busier, how old was their location, why customers ate there, what the average bill was for a party of two, what the most popular menu items were and was the restaurant close to any mall? Dinner was overwhelmingly the busiest shift with 16 respondents or 70% and only 7 or 30% stated lunch as being busier. Most respondents, 10 or 43% reported customer traffic as busier than this time last year. Six or 26% thought it was the same. Four or 17% thought it was less than before and 3 or 13% said theirs was new therefore there was no comparison. Twenty of those polled or 87% said their location was older than one year and 3 or 13% said their location was new. Thirteen or 57% stated that the menu was what attracted their customer base. Eight or 35% thought it was the atmosphere and 2 or 9% stated prices. Eight respondents cited that a party of two would wind up paying $36-$45 per meal. Seven stated $26-$35 (30%), 6 stated under $25 (26%), and 2 or 9% said around $50. Fourteen of those polled, 61%, said their location was near a mall or other restaurants and 9 or 39% said theirs was not. Barbecue Chicken pizza remained the most popular dish this survey cited by 6 respondents, so, 26%. This was followed by the Italian, Tomato and Basil pizza (3 or 13%), the Pasta Penne Cream and Blue Crab Cakes (2 or 9%) and the following were each mentioned once or 4%: Cajun Pizza, Cajun Club, Carne Asada Pizza, Chipotle Pizza, Jamaican Jerk Pizza, Singapore Shrimp Rolls, Pepperoni Pizza, Greek Pizza, the Works Pizza and White Pizza.
P.F. Chang's Bistro (PFCB) Customer Waits Average Ten to Twenty Minutes
P.F. Chang's Bistro, the Arizona-founded restaurant chain, saw its earnings dip from this time last year but most branches still enjoy a brisk trade. Tickermine surveyed 31 restaurants across the nation and asked respondents how long their customers can wait, what were the most favorite items on the menu and what is the average bill for a party of two? Most customers, specifically 15 respondents or 47%, stated their customers wait between 10-20 minutes. Thirteen or 41% said their customers wait under 5 minutes, two respondents said 21-30 minutes (6%) and only one respondent or 3% cited a wait of 35 minutes. The average bill for a party of two was between $25-$35 (12 or 38%), $36-$45 (11 or 34%), $46-$55 (4 or 13%) and bills of $60-$70 and then $75-$85 were each cited twice or by 6% of those polled. The Moo Goo Gai Pan was the most popular dish mentioned by five respondents or 16%. The following were each mentioned three times or by 10% of those polled: Almond Cashew Chicken, Chang's Spare Ribs, Crispy Honey Chicken and Orange Chicken. The Salt and Pepper Calamari was mentioned twice or 6% and the following got one mention or constituted 3% of those surveyed: Lo Mein Shrimp, Teriyaki chicken bowl, Surf and Turf, Shrimp and Lobster Sauce, Peking Dumplings, Sea Bass, Marinated Shrimp, Lettuce Wraps, Kung Pao chicken, Chang's Spicy Chicken, Beef with Broccoli and Beef a la Sichuan.
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