Bob Evans Farms, Inc. (NASDAQ:BOBE)

Check out my thoughts here: http://www.fool.com/investing/general/2011/11/23/bob-evans-stay-on-the-farm.aspx

Nothing against the product, it just seems to be a little overdone, the spike that is.

BOBE just raised dividend by 11%; yield is similar to McDonald's.

Too many cost saving measures will utlimately affect the quality of the product. The supplier change that just occurred shifts it fundamental business operations more towards a profit only mentality and that's bad news for the employees.

Extreme overvaluation; their low debt ratio probably helped support this for an unneccesarily long period of time. Wall Street isn't showing much confidence and neither is the Fool community; I predict imminent devaluation, share dillution, or the current prolonged state of stagnation with +/- 10% volatility in the year to come.

Reupping. This is a pretty solid, if boring, company but the next six to twelve months aren't going to be much nicer to restaurant and food stocks. Bob is also having to deal with the impact of higher pork prices on his sausage packing business.

I am trying to pick the best companies in their respective industry that also pay a dividend.

recent increase in dividends is good news

TOO FAT FAST FOODS

Sector call

short the spike

Excellent earnings, low debt. Great outlook thru 2009. Need I say more?

Why not

Check out their newest concept, Mimi's Cafe. Definitely a hit. New Orleans theme, great food & great prices.

Great place for breakfast

great name

very good, low price, high performance

Always excellent fast food and good service. Folks will always return, Sunday is a big day after church. Try and get a table.

“Think of delicious food--Think of Bob Evans ”. Incorporated in 1953, it is a full service restaurant company and a leading producer of pork sausage and homestyle, convenience food items. Currently operating in around 694 locations with 589 Bob Evans Restaurants and 105 Mimi's Café Restaurants in 18 states. The Company operates through two segments of business: Restaurants, which contribute around 85% of the company’s revenue and the Retail food products, contribute the rest.

With disposable income on rise customers are spending a greater portion of their food dollar outside. Additionally the National Restaurants Organization has predicted that the restaurant industry would see 5.1% increase on y-o-y basis to $ 511.1 billion in 2006. To take the advantage of these facts the company is focusing more on its restaurant business and planning to expand its reach by opening more restaurants and adding more items on its menu. The Company expects the sales of its food product segment to grow by 8 to 9% but the margin is expected to decline to 6 to 7% because the hog cost is expected to average around 42 to $43 per hundred weight in the second half of the year.
The Company is strategically focusing to improve performance through five brand builders which are: to win together as a team, consistently drive sales growth, improve margin with an eye on customer satisfaction, be the best at operations execution and increase returns on invested capital. The result of this strategic approach was shown in the performance of the Q2 fiscal 2007, with the sales increasing by 5% and reaching $412.7 million, net income growing by 2.6% and the same store sales also steadily increasing quarter to quarter.