OTCPK:FRHHF - Post by User
Comment by
Racer558on Feb 22, 2019 12:42pm
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Post# 29400464
RE:RE:RE:RE:RE:Turn Around?
RE:RE:RE:RE:RE:Turn Around?Buying aggressively here.
1) A chunk of the SSS decline was self-inflicted (pausing innovation on new menu items
2) The headcount reductions will flow-through starting next year, have not really seen them yet and will beat on profits
3) WMT is a big deal and pure profits for the flow-through
4) More of deals to come
Lastly, now trading at ~4-5x EBITDA when adjusting for the WMT deal and cost cuts. And still growing business as well.