Bob Evans Farms Inc. – Value – Zacks Rank Buy
Tracey Ryniec (February 1st, 2010) Writes:
Bob Evans Farms operates restaurants under the Bob Evan's and Mimi Cafe brands across the country. It also distributes pork sausage products under the Bob Evans and Owen brands.
Since I last reviewed the company in June 2009, it has surprised on estimates the next two quarters and now has a surprise streak of 4 beats in a row.
The company is being hit hard as consumers pull back on eating out. In the fiscal second-quarter 2010, reported in early Nov 2009, restaurant net sales fell 3.3% compared to the year ago quarter with same-store sales at Bob Evans
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