FRN - Friendly Ice CreamI think this is a dandy stock (I woulda/coulda/shoulda bought in last yr when it went down to 1.85/sh) Closed Friday at $7.65. It's been as high as $8.94 in past yr. EPS .57, P/E 13.42.
This is one of the stocks that the professional financial planners and brokers were laughing at me about and making fun bc I was considering.
"Friendly Ice Cream Corporation owns and operates 407 company and 154 franchised restaurants, as of May 2001. For the 26 weeks ended 06/02, revenues rose 4% to $287.5M. Net income rose 62% to $3M. Revenues reflect increased sales from restaurant and franchise segments. Net income also benefitted from a reduction in labor and benefit expenses, and lower general and administrative expenses."
http://www.friendlys.com/