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Re: None

Wednesday, 02/15/2023 10:40:42 AM

Wednesday, February 15, 2023 10:40:42 AM

Post# of 346735
Finally out of the red ink and into the black ink...this by itself is very impressive especially after a lot of restaurant chains went under during and after the pandemic. Very strong sequential growth revenue (and finally earnings). Their current management evidently has a handle on liquor costs and food costs as COGS (costs of goods sold) has gone down while revenue has gone up! This is very strong inventory control, kudos to management!
They have eliminated alot of dead weight (useless subsidiaries) and are focusing on the cafes which are your biggest revenue generators. It is my opinion that the future looks very promising for Snakes & Lattes!

People keep selling down here...I will keep buying down here!!!