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What: Shares of full-service restaurateur Bob Evans Farms
So what: The just-reported fourth quarter saw earnings 9% below analyst expectations, but issued guidance for the next fiscal year right in line with Street estimates. Moreover, Bob Evans broke a long string of negative same-store sales comps with a modest 1.3% rise compared to the year-ago quarter.
Now what: The firm has overcome rapidly rising ingredient prices to deliver this humble turnaround, inspiring its first analyst upgrade in two years. Bob Evans sports one of the most generous dividends in the restaurant industry, both fatter and more often bumped-up than those of Wendy's/Arby's
Interested in more info on Bob Evans Farms? Add it to your watchlist.
Fool contributor Anders Bylund holds no position in any of the companies discussed here. 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.