Gerry Sullivan

Changing Tides at Steak n Shake

Last time I was in FLA I ate at a SNS and thought about it both as
a restaurant and as an investment. As a restaurant I found the food
tasty.

As an investor I see the problems the company has such as competing with places like McDonalds and Burger King which offer somewhat less costly food with greater efficiency.

And all fast food restaurants are competing with the cost of energy.