O'Charley's, Inc. (NASDAQ:CHUX)

CAPS Rating: 2 out of 5

A leading casual dining restaurant company who owns and operates three restaurant concepts which operate under the O'Charley's, Ninety Nine Restaurants and Stoney River Legendary Steaks trade names.

Results 1 - 13 of 13

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Member Avatar liverless (35.18) Submitted: 2/8/2011 7:57:53 AM : Outperform Start Price: $7.72 CHUX Score: -27.55

This has been a terrible restaurant stock. I want to follow it to see how they can proceed through their restructuring. They brought in a CEO during Q4, and not unexpectedly, he wrote off everything but the kitchen sink in the quarter. This seems to be a pretty common tactic when a new CEO comes in - its a way of starting off fresh. So the quarter was, of course, quite awful, but hidden in the writeoffs of 11 of their locations was this: “During the fourth quarter, we made progress in our turnaround efforts as all three restaurant concepts achieved sequential improvement in sales comparisons and record guest satisfaction scores. Same store sales growth at Ninety Nine and Stoney River accelerated from the third quarter, and same store sales comparisons at O’Charley’s improved sequentially for the second consecutive quarter." So there is some hope that the restaurant chain will turn it around.

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Member Avatar getstocky (91.05) Submitted: 3/22/2010 12:36:20 PM : Outperform Start Price: $9.22 CHUX Score: -64.30

Up Chuk, Up Chux, calling all dinosaurs. go go go

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Member Avatar LawfordCap (99.84) Submitted: 2/20/2010 12:06:52 PM : Outperform Start Price: $8.92 CHUX Score: -67.95

interesting stock
but ps is low
no data for return on equity

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Member Avatar igor8 (22.63) Submitted: 5/12/2009 2:32:12 PM : Outperform Start Price: $8.30 CHUX Score: -103.41

test2

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Member Avatar killthebear (87.65) Submitted: 10/9/2008 2:17:15 AM : Underperform Start Price: $7.36 CHUX Score: +71.10

too much debt

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Member Avatar Stubzy (< 20) Submitted: 8/27/2008 12:04:12 PM : Outperform Start Price: $10.13 CHUX Score: -63.74

Stop loss at 9.5

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Member Avatar imnotgoodatthis (< 20) Submitted: 6/16/2008 10:16:43 PM : Underperform Start Price: $11.34 CHUX Score: +63.80

Reducing Sales, High Debt, High pe ratio. This is a ticking bomb

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Member Avatar TheRupturedDuck (31.91) Submitted: 4/16/2008 10:24:37 PM : Underperform Start Price: $11.39 CHUX Score: +65.04

From my short ideas/valuation screen

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Member Avatar thearistocrats (73.11) Submitted: 3/2/2008 9:55:29 PM : Underperform Start Price: $11.10 CHUX Score: +66.96

overvalued

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Member Avatar PsychVamp (< 20) Submitted: 2/22/2008 3:19:04 AM : Underperform Start Price: $11.74 CHUX Score: +69.76

Being a former Manager for this company at the Operations end, I have seen first hand how this company has begun to fail. I can almost mark the date. A little less than six years ago, Chux stock price was trading in the mid to upper $20's. Their target market was upper middle class and they were doing fine. Corporate decided that they wanted to try for the middle and lower income families and by doing so, they alienated much of their loyal customers. With the sale of the commisary and the outsourcing of the company's core pillars, their product has decreased tremendously. This is a stock that I wish I would have unloaded around the time that the original corporate higher-ups were seeing a grim future for the business and left for better opportunities. The company as a whole is on the brink of shambles. Poor staffing in the stores with little or no leadership at the corporate, regional and area management levels has put a major strain on the individual units. The management and staff in those units is working blind and unit morale is at an all time low. With the inception of certain area directors to various "problem" markets, they either are too stubborn for change or do not posess the nuts to run the business. I left the company shortly after I was told by one area director that I needed to do things in a more Christian manner. I guess I missed that section in my original corporate training. He was very lucky that I am not Jewish.

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Member Avatar C2BRYAN (< 20) Submitted: 10/18/2007 11:47:05 AM : Outperform Start Price: $15.08 CHUX Score: -70.57

Very Good!!!!!!

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Member Avatar NetscribeRstrnts (95.90) Submitted: 4/26/2007 2:25:38 AM : Outperform Start Price: $21.18 CHUX Score: -94.17

The new product offerings and new marketing & analytical approach are driving the revenues up, as is evident by 6% increase in $989.5 mn for the fiscal 2006. The company owns and operates full-service restaurant facilities under the brand names of O’Charley’s, Ninety Nine Restaurant and Pub and Stoney River Legendary Steaks. Revenues reflect an overall increase in restaurant sales, commissary sales and franchise revenues. Net income increased by whopping 57% to $18.9 mn, which also reflects a decrease in assets impairment & disposals and lower pre-opening costs.

Meritage Hospitality Group Inc., the franchisor of the company's Michigan business segment, has settled the lawsuit filed last year against O'Charley's Inc. Under terms of the agreement Meritage will continue operating its O'Charley's restaurants in Michigan and will also continue to evaluate expansion of the brand at new locations that have solid demographic profiles and population growth. This is expected to help the company expand in new areas and in turn lead to a revenue growth.

The company has completed 11 “Project RevO’lution” re-brandings at O’Charley’s and 13 similar overhauls at Ninety-Nine, introducing new elements at both concepts such as different uniforms, plateware, menu designs, Curbside To Go Service, kitchen display systems, and enhanced service standards. These initiatives are expected to be favorable for the company as a longer-term brand building strategy for the two chains. These efforts have created a level of excitement at both brands and the initial sales results are justifying the same. Backing on this the company is expecting to complete 20-30 re-brandings at O’Charley’s and a similar number at Ninety-Nine in 2007.

O'Charley's is a leader in food quality in the casual-dining segment and it’s re-branding and renovation efforts are expected to help the company maintain its position in the market. With the margins in the restaurant industry growing it is expected that O'Charley's will cash on the opportunity and grow its margins which will reflect in its share price.

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Member Avatar TrendIsMyFriend (< 20) Submitted: 12/1/2006 5:44:05 PM : Underperform Start Price: $20.69 CHUX Score: +102.94

Say hello to ----------> 15

Results 1 - 13 of 13

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