90 basis points drop in Margin, The decrease was primarily
driven by increased food costs and increased promotional spend,
partially offset by the positive impact of comparable restaurant
sales growth.
OUTLOOK
Mid single digit comparable restaurant sales growth
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CMG
CMG Dropping
Posted by zach06 on 20th of Apr 2011 at 04:12 pm
looks like they had good earnings.. but probably not enough to justify their high p/e ratio
90 basis points drop in
Posted by coold on 20th of Apr 2011 at 04:19 pm
90 basis points drop in Margin, The decrease was primarily driven by increased food costs and increased promotional spend, partially offset by the positive impact of comparable restaurant sales growth.
OUTLOOK
Mid single digit comparable restaurant sales growth