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Bullboard - Stock Discussion Forum Freshii Inc - Class A (Sub Voting) FRHHF

Freshii Inc is a company that engages in the development, franchising, and operation of quick-serve restaurants throughout the world with the majority of its locations in Canada and the United States of America. Its products include a menu of salads, burritos, wraps, rice bowls, yoghurts, breakfast and soups made with fresh ingredients. It operates through the Franchise Store and Company-Owned... see more

OTCPK:FRHHF - Post Discussion

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Post by bdawson17 on Feb 28, 2019 10:39am

FRII

SSSG is the most important measure of health of a chain. Some weak core stores will continue to drag on SSSG while that is cleaned up.  As the company said, this is an ongoing process. Will be quite a long process (a year or two?) to improve chain quality mix to produce strong SSSG and improve discipline around growth strategy (i.e. site and franchisee selection).  That will clear the track to move forward with a solid overall SSSG and Growth strategy: EBITDA growth to follow!
Comment by amateuranalyst on Feb 28, 2019 3:05pm
*The number of stores in SSSG calculation has increased quite a bit since big positive levels of the past so it will be a tougher beast to turn around. *Negative SSSG may dissuade franchise partners in pipeline to sign franchise contract or to put good money after bad. After opening 26 new stores in Q4, the number of stores in "active opening process" decreased from 175 to 150 since Q3 ...more  
Comment by Fishingbuddy on Feb 28, 2019 8:26pm
A couple of great comments, both very in depth and obviously a fair bit of research was involved. Thanks for continuing this board is far too quiet. A couple thing I have noticed and these are just observations. Complaints I hear is that the prices are too high....it's too expensive to eat healthy. I think most the population would appreciate a healthy alternative fast food, but most families ...more  
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