What I’ll Be Watching When Zoe’s Kitchen Reports Earnings
After two consecutive quarters of negative comps, Zoe's Kitchen shares are down nearly 50% year to date. The company will report its third-quarter earnings on Nov. 9, and by all appearances, this is looking like another rough quarter. Between recent disappointing industry data, hurricanes in two of Zoe's larger markets, declining margins, and lowered ambitions for new store growth, I'm not expecting a whole lot of good news from the Mediterranean fast-casual chain. Here's a look at how the stock's been doing and the items I'll be watching closely for any signs of a turnaround.
Source: Fool.com