Landry's Seafood (LDRY) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Landry's Seafood (LDRY)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: David Lawrence who wrote (28)	7/9/1998 8:59:00 AM
From: sargent	Read Replies (3) of 81

The article in the WSJ (Texas Journal section) was pretty negative. It went into great detail about how one analyist believes the problems of the company could be long-term. Mainly, she pointed out that the wait time to get a table in Landry's and Joe's CS during peak hours has dropped from being in the hours to just minutes (often times no wait even). She stated this is not just one store but prevalent throughout many of the stores in different areas. She mentioned that earnings last year met her estimates, however these estimates included way fewer new store openings than LDRY actually had (meaning they achieved their earnings number by simply opening more new stores than anticipated). Other analyists who still rank the stock a buy admitted concern over same-store sales but said at this price there is more reward in the stock than risk. FWIW

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next