Cosi, Inc. (NASDAQ:COSI)
Owns, operates and franchises premium convenience restaurants which sell sandwiches, freshly tossed salads, Cosi bagels, pizzas, S'mores and other desserts, and a variety of coffees along with other soft drink beverages, teas and alcoholic beverages.
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Buy and hold. I'd turn the buy signal on when the stock gets below $5.50.
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Cosi is setting up nicely for growth. Here in Boston, they just opened up their 3rd location. This one in busy South Station. Great, unique product, good fundamentals.
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plenty of room to expand. healthy balance sheet. great food. becoming more and more popular.....once the earnings go up the stock price will follow.
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COSI is changing the way people think about "fast food". It's all about the dining experience.
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100 company owned units-start up franchising very beginning
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The places I go to are always busy and I like their sandwiches and pizzas better than many other chains. They also seem to have their stores which are less sensitive to price.
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Buying this on a lack of recovery with the rest of the restaurant sector. This is definitely a company that can go two directions, the way of Boston Market, or ...dare I say it... Panera! Their product is good, but the legacy stores from the Xando/Cosi merger are unorganized and inefficient. Many complaints about service and wait times can be attributed to the poor management of the past, but they've got Restaurant all stars running the show now. Management has over the past 8 quarters been slowly improving cost/efficiency, and I am optimistic about their new "Avalon" concept. It's a wait and see kind of stock, but I think the risk/reward is there at these levels.
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Good product no/little debt. New management will soon get aggressive with growth.
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Speculative, but pretty interesting potential turnaround story now that the valuation has been knocked down so hard. They have room to improve corporate-owned stores and can benefit from franchising, particularly if the concept proves successful in more suburban locations.
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as a restaurant operator and number cruncher, i personally like the look and feel of the cosi operation and it appears to me that the management is improving its operating efficiencies
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The financials do not support this rating YET, but I have been to many of the locations. They are well run, have great food and are typically packed. This stock has tumbled lately and is poised for some good news.
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Again, evaluating this one as a consumer. I'm not sure how long folks will be willing to overpay for the poor service. Can't get by on (admittedly tasty) bread alone.
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