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
Interested in more info on Country Style Cooking Restaurants? Add it to your watchlist.
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.
More from The Motley Fool
How to Invest in KFC Stock
To own a piece of this growing restaurant chain, investors need to buy Yum! Brands, its corporate parent.
8 Metrics Highlight Yum! Brands Inc.'s Impressive 3rd Quarter
Yum! Brands' results last week sent the stock sharply higher. Here are the metrics behind the quarter's solid performance.
Yum! Brands Inc. (YUM) Q3 2017 Earnings Conference Call Transcript
YUM earnings call for the period ending September 30, 2017.