PF Chang's (PFCB) Shares Near Session Highs as CEO Discussing Outlook at BofA Merrill Conference
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Price: $51.47 --0%
Financial Fact:
Income from operations: 5.67M
Today's EPS Names:
DGICA, UXIN, TOWN, More
Financial Fact:
Income from operations: 5.67M
Today's EPS Names:
DGICA, UXIN, TOWN, More
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Shares of PF Chang's (Nasdaq: PFCB) are just barely off session highs as the company's presentation at the BofA Merrill Lynch Consumer & Retail conference is currently underway. CEO Mark Mumford is speaking.
Some highlights so far:
Some highlights so far:
- Pei Wei is the vehicle growth for the company
- expecting to open 12-16 new Pei Wei stores this year
- sees 2012 sales growth of 1-2 percent
- affirms FY12 EPS outlook of $1.50-$1.60
- expecting the second half of this year to be stronger
- sees cash flow from operations of $105-$115 million this year
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