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Famous Dave's of America, Inc. (DAVE)

  • Thu, Feb. 19, 8:14 AM
    • Famous Dave's (NASDAQ:DAVE) reports a drop in comparable-store sales of 4.0% in Q4.
    • The mark sticks out like a sore thumb with the restaurant sector putting its best quarter of comp growth in several years.
    • The company's decision to cut back on promotions was a significant factor in the traffic decline.
    • Restaurant-level cash flow margins fell 650 bps to 4.3% due in part to the sales deleverage and higher G&A expenses.
    • DAVE -2.6% premarket.
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  • Jul. 8, 2013, 1:35 PM
    Dougherty starts Famous Dave's (DAVE +2.1%) at Buy with a $20 price target. Analyst Gregory McKinley says that while the business may be fairly priced today, the market is "significantly mispricing" the stock's earnings potential "even without contributions from future store development."
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  • May 17, 2013, 3:25 PM
    Famous Dave's of America (DAVE -0.4%) resumes trading after a brief halt for volatility. The shares initially spiked lower without any news to drive the shares.
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  • Feb. 13, 2013, 4:55 PM
    Famous Dave's (DAVE): Q4 EPS of $0.1 beats by $0.05. Revenue of $36.3M misses by $1.02M. Shares -1.8% AH. (PR)
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  • Apr. 23, 2012, 1:40 PM
    Shares of the The Cheesecake Factory ([[CAKE] +1.9%) shoot higher on above-average trading volume with the firm's Q1 report slated for release on Wednesday. A number of restaurants names are getting a little lift from sales numbers out from Brinker International tipping off that Chipotle and Panera's death grip on investment dollars in the sector could lighten up a bit. Gainers: PFCB +0.9%, TXRH +1.2%, DAVE +1.9%.
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  • Feb. 15, 2012, 5:13 PM
    Famous Dave's of America (DAVE): Q4 EPS of $0.05 misses by $0.03. Revenue of $37.5M (-1.4% Y/Y) in-line. Shares -2.9% AH. (PR)
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Company Description
Famous Dave's of America Inc develops, owns, and operates restaurants in the United States. The Company offers smoked, barbeque, grilled meat, and entre items using prepared proprietary seasonings, sauces, and mixes.
Sector: Services
Industry: Restaurants
Country: United States