The industry itself is in an interesting spot; the growth in publicly
traded restaurant names the past several years, which led to a glut of sorts, has been supplanted by a rash of acquisitions, many of them private equity.
Not exact matches
Nicole Miller, managing director and senior
restaurant analyst at Piper Jaffray, says that even after a recent rally, the 25
names she covers
trade at an average of 10 times Ebitda (earnings before interest, taxes, depreciation, and amortization).
The deals, praised by investors who sent shares up nearly 15 % in after - hours
trading, splits the troubled casual - dining
restaurant chain from the faster growing and more profitable packaged foods business that sells sausages, macaroni and cheese, and other foods under the Bob Evans, Owens and Country Creek brand
names.
An out - of - work sign maker
named the
restaurant and painted the logo on the front window — in
trade for some barbecue, of course.
As someone with Scottish heritage (no, not the Tjaden side), it was fun to read the news stories about the
trade - mark battle in Malaysia in which McDonald's failed in its attempt to block a curry
restaurant whose nomenclature was Malaysian Chicken Curry from using McCurry as its
name.