After a recent breakout from a trading range of $17 to $19, BKC moved to $21, paused, then jumped to almost $22 today. The catalyst? Likely expectations of improving margins and earnings as consumers return after the harsh winter. There is chatter indicating that some items may move up from the $1 value menu.
Now, if they can just get rid of that freaky "King" character, maybe sales would improve even more.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment