CL King analyst Andrew Wolf reinitiated coverage of Chuy‘s with a Neutral rating. Despite leading sales and unit growth, Chuy’s ranked last in average unit volume CAGR vs. select peers in 2014-2019, Wolf tells investors in a research note. Its recent quarterly AUVs are above those of FY19, but still lag those of the peer group, the analyst says.
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Published first on TheFly
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