Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Country Style Cooking Restaurants
So what: The company reported fourth-quarter earnings today, missing analyst estimates of earnings by a penny but beating the revenue consensus. Next-quarter guidance was in line with Street targets. Chalk up the drastic drop to investors still getting used to the company; this was just the second quarterly report since Country Style went public last September.
Now what: Country Style's stated goal is to become "China's leading quick-service restaurant chain." That's a very ambitious goal; Yum! Brands
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