Chuy's: Not As Bad As Perceived
- Chuy's offers the unique opportunity for a fast-growing restaurant stock trading at multi-year lows.
- The Tex-Mex concept remains relatively small with only 61 locations in 14 states.
- The slowing unit development plan, along with a better real estate strategy, will help ramp up new locations faster and improve margins in 2016.
- Chuy's stock isn't cheap, but it offers an attractive valuation with annual growth continuing at the nearly 20% clip.
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