RE:Q3 ResultsWell, comp sales has improved by over 200 basis points since the last quarter, so things could be a lot worse. The question is whether they can get into positive territory in Q4. I think they can, but only just.
If they can at least keep sales flat, I will happily collect a 10% dividend for years to come. I would probably think differently, though, if my average price was $16 a share.
Could the cauliflower base by the equivalent of A&W's Meatless burger? Possibly, but they need to do as good a job as A&W have done of marketing it. They certainly need something to wake the general public up and let them know they still exist.