Restaurant operators get their grades


Hedgeye's Howard Penney has some strong feelings on which restaurant operators are managing themselves through the operational boom-and-bust cycles most chains endure as concepts are grown too fast.

The research analyst thinks Starbucks (SBUX -1%) and Brinker International (EAT -1.1%) have honed in on a correct management strategy to trim capex spending and "attack" the middle of the P&L to improve EBITDA, while Darden Restaurants (DRI -2.3%) stubbornly resists the idea.

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Comments (1)
  • BAHAMAS1
    , contributor
    Comments (5156) | Send Message
     
    Even though I agree, don't get caught up in ANYTHING this Questionable company hedgeye has to say !
    Hell, even cnbc doesn't have them on anymore !!
    6 Jan 2014, 04:34 PM Reply Like
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