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I honestly wonder why nothing is finally being expanded internationally. Somehow that makes me doubt the management a little. Then give up the 2% margin if you can't keep it stable, but you'll continue to grow at a decent rate. Apart from that, I think the share is already extremely well valued and I'm glad that $PSH has sold a little.
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@topicswithhead Yes, that's right, Bill has cut back a little, but he's sticking to his guns. The report states that up to 345 new restaurants are planned this year. You have to manage that first. MC Donalds has growth of around 7% at a P/E ratio of 25. Chipotel has growth of almost 20% at a P/E ratio of 44.