GBA Presents: THE BARE ESSENTIALS

[TrailerParkTed]

I mean if recent history is any metric, things haven't been going real well for ipo's that are less than a year old.
Most are below they're day 1 price.
Is BROS different?
I mean its a good story.
I'd get out of CHDN, get the dry powder, and buy BROS in the mid $20's.

You helped me avoid at $60, $50, and recently $43, TY for great analysis!

 

[TrailerParkTed]

You helped me avoid at $60, $50, and recently $43, TY for great analysis!

You pointed out their growth projections were not to your liking, that made me avoid it last week.

 

[vanzandt]

You pointed out their growth projections were not to your liking, that made me avoid it last week.

Well, we're gonna cheer for Stoney.
I thought about buying a little under $35 then said ahhhh, I can wait.

 

[vanzandt]

They missed.

 

[vanzandt]

I'd sell so fast....
same store sales 6%

 

[vanzandt]

Company-operated shop gross profit was $16.6 million as compared to $17.6 million2 in the same period of 2021.

 

[vanzandt]

Its gonna plunge

 

[vanzandt]

They beat revenue. At least there's that.

 

[vanzandt]

Well, there's that $25 I was talking about.

>>>>>Same shop sales growth is now estimated to be approximately flat.

 

[vanzandt]

Stoney you can't say I didn't warn you.


Same shop sales are estimated to be flat to slightly negative as we face macro-economic headwinds impacting consumer discretionary income and gas prices. April same shop sales were (3.7)% in 2022 compared to 22.6% in 2021, our largest rollover of the year.

OUCH!!!!