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Revision History For: Rare Hospitality Int'l(RARE)

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Return to Rare Hospitality Int'l(RARE)

Rare Hospitality International (formerly known as Longhorn Steaks) operates and franchises Longhorn Steaks restaurants in the eastern US.
They are casual dining, full-service restaurants that serve lunch and dinner with a menu featuring 10 different cuts of aged steaks, fresh salmon, chicken, chili, salad, appetizers, baked potatoes, vegetables,
hamburgers, sandwiches, soups, and daily specials. The company believes the distinctive decor of its restaurants fosters a casual, relaxed dining experience. Longhorn also operates 3 Skeeter's Grill restaurants in Atlanta. Recent acquisitions include Bugaboo Creek and The Capital Grille restaurants.

This company is headed by a turnaround artist and has found success with Longhorn Steakhouse. Uninspiring acquisition of Bugaboo Creek may present another opportunity for rapid growth. Good balance sheets, but in terms of stock price, has gone nowhere for one and a half years. Who's watching?