In this episode of CEOLIVE.TV we talk again with the CEO of Chanticleer Holdings, Inc. (HOTR), owner and operator of multiple fast casual restaurant chains, including Hooters, American Burger Company, BGR and more.
Several of Chanticleer’s burger brands’ concept positioning is representative of an up-and-coming second wave of quick-casual restaurants that are likely to dominate the restaurant landscape over the next several years.
Mr. Pruitt discusses his recent investor call for a preferred rights offering and the company’s 2020 plan to double the number of stores and generate 10x the bottom line EBITA.
He also shared this chart with us which illustrates an incredible divergence between HOTR’s EBITDA Performance Trend Vs. Stock Price. This is definitely one to keep an eye on in 2017.
James Cramer recently discussed the Restaurant sector and how these stocks are seeing incredible strength in 2017.
He mentioned that the casual dining and fast food restaurants have been doing well and that even when they miss the numbers, their stocks still went higher if they managed to deliver some sort of positive outlook.
About Chanticleer Holdings, Inc.
Headquartered in Charlotte, NC, Chanticleer (HOTR), owns, operates and franchises fast casual and full service restaurant brands, including American Burger Company, BGR: The Burger Joint, Little Big Burger, Just Fresh and Hooters.
Forward Looking Statements
This CEOLIVE.TV video interview contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include failure to meet schedule or performance requirements of the Company’s contracts, the Company’s ability to raise sufficient development and working capital, the Company’s liquidity position, the Company’s ability to obtain new contracts, the emergence of competitors with greater financial resources, and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur as planned or at all.
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