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Wednesday, October 12, 2022 11:21:42 AM
Recovering restaurants can certainly expect decent holiday revenues; but not convinced it holds true for board game cafes who do poor job marketing in specific localities. Provo, a dry town, will continue to lose money. ChiTown will continue to lose money because its so darn expensive to operate. And having 3 cafes in Toronto is poor logistics. They really should get rid of 1-2 of the money losing Toronto cafes - to give ONE Toronto cafe a real shot a t positive net profitability.
Companies holding large party dinners for the Holidays will likely choose a different kind of venue.
Busy holiday season now, closing the gap to profitability. FY23 looking good. Looking forward to the next update.
Everything posted is MY OPINION! I am making NO buy or sell recommendations here! DO YOUR OWN DUE DILIGENCE!
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