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0 -1.83705336639862E-05 -0.000661339211904131 -0.00185542390006428 0.00251676311196841 0.00720124919628908 0.00560301276752081 0.00560301276752081
Stock impact report

Jersey Mike's is ‘not going to change' under PE leadership [Yahoo! Finance]

Wingstop Inc. (WING) 
Last wingstop inc. earnings: 2/19 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.wingstop.com/overview/default.aspx
Company Research Source: Yahoo! Finance
Charlie Morrison is well aware of the often-negative perception surrounding private equity firms, especially in the food business.  The Jersey Mike's chief executive officer is also well aware of the social media conversations happening about the chain since its acquisition by Blackstone — the world's largest PE firm — last year for approximately $8 billion.  Since that acquisition, several posts have gone viral alleging that the sandwich chain's portion sizes have shrunk or that the quality has diminished. During a recent interview, Morrison said nothing has changed. Rather, consumers are simply paying more attention to every move a brand makes, which has its pros (loyalty, for example) and cons (if a single experience isn't up to par, it has the potential to go viral).  Morrison insists that Jersey Mike's and its founder Peter Cancro — who was the chain's CEO for 50 years— wouldn't have agreed to the terms if there were philosophical differences.  “It starts with how the PE Show less Read more
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