Operational CostsHigher cost of goods sold is expected to decrease in the second half of the year, alleviating current financial pressure.
Sales Performance2Q comps could fall modestly below the Street mean, primarily due to the difficult lap created by the successful launch of Grilled Steak in early June 2024.
Valuation ConcernsThe analysis provides upside to the current share price in most scenarios, except when using higher discount rates and lower multiples.