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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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Fool contributor Anders Bylund holds no position in any of the companies discussed here. Country Style Cooking Restaurant Chain is a Motley Fool Rule Breakers recommendation. The Fool owns shares of Yum! Brands. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool is investors writing for investors.