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financial analysis of Lonestar Steakhouse
Lone Star Steakhouse & Saloon, Inc. owns and operates 243 mid-priced, full service, casual dining restaurants located in the United States that operate under the trade name Lone Star Steakhouse & Saloon, and 20 upscale steakhouse restaurants, five operating as Del Frisco's Double Eagle Steak House restaurants and 15 operating as Sullivan's Steakhouse restaurants.
Lone Star Steak House & Saloon Inc. had a sales growth rate of 3.8% last year. Compared to the 17.5 % growth rate of the industry, it is behind 13.7%. Income and earnings per share growth rate are less than the rest of the industry, both of which dropped since the previous year. Income growth rate dropped 17.8% while the industry rose 3.9%. Earnings per share growth rate dropped 14.8% while the industry rose 0.9%. Both industry and earnings per share growth rate were higher than the S&P 500 which fell 26.50% and 28.60% respectively. Over a five-year average, the gaps are a little smaller. Lone Star is 5.45% behind the rest of the industry in sales growth and 12.01% behind the rest of the industry in earnings per share. These growth rates s
Approximate Word count = 751
Approximate Pages = 3 (250 words per page double spaced)
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