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Bullboard - Stock Discussion Forum IMVESCOR RESTAURANT GROUP INC. T.IRG

"Imvescor Restaurant Group Inc is a franchise business that operates restaurants under the brand names of Pizza Delight, Toujours Mikes, Scores, Bâton Rouge and Ben and Florentine and licenses the right to manufacture and sell prepared food products."

TSX:IRG - Post Discussion

IMVESCOR RESTAURANT GROUP INC. > Anyone know the reason for today's volume?
View:
Post by Marc24 on Feb 18, 2015 4:32pm

Anyone know the reason for today's volume?

1.25 million shares traded today.

Marc
Comment by Bu11ish0NG0ld on Mar 09, 2015 6:03pm
I think I know the reason for today's volume. Poor 1st qrt. Fiscal 2015 financial results. Sam, GLTA
Comment by Busker69 on Mar 09, 2015 6:49pm
well it was better than last quarter which was negative -.02  While lower than last year, this EPS is actually positive .04 .
Comment by HighteawithIntrepid on Mar 09, 2015 7:16pm
Last quarter took a hit for consolidation of the two officers into one and retiring/layoff costs
Comment by Marc24 on Mar 10, 2015 6:09pm
Well better by some measures, this quarter still showed a few trouble spots including fewer sales and disastrous sss growth at Scores.  They have to stop that bloodshed.  It used to be the jewel in their crown in my opinion.  If they don't stop the erosion soon, I am afraid they will permanently lose value in that chain. glta, marc
Comment by whatdadil9 on Mar 10, 2015 7:31pm
comps improved sequentially at scores and they appointed to brand leader. it is my understanding that they are working on a new rennovated concept that they will start introducing to franchisees and potentially unveil at the annual meeting. I believe once they have the scores store of the future, they will return to unit growth and sss growth. I believe the bottom in sales is in and the quarter ...more  
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