we talked about this all week.
el pollo loco, costs for chicken
are high.
that stock is trading down about
5% right now.
sprouts farmers' markets,
earnings in line.
margins come pre s compressed b
inflation.
chipotle talked higher prices,
noodles did.
papa john's said our cost of
cheese per pound, $2.14 this
quarter.
the second quarter it was $1.74.
there is a perfect example of
food inflation.
cheese was 40% higher for papa
john's this quarter than the
prior quarter.
don't say there is no inflation,
folks.
uplands, a cloud computing
company yesterday had a not good
open.
priced at $12, closed at $9.75.
tough day for them.