Habit Restaurants trades toward the lows following market disappointment with comp sales guidance.
The company remains a leader in the premium burger category primed for long-term store expansion.
The stock is a bargain trading at a discount to other top restaurant chains.
After the recent market rebound, Habit Restaurants (NASDAQ:HABT) offers one of the few stocks still trading close to the lows. The premium burger chain disappointed the market with discussions on the earnings call around promotional activity in the sector and higher labor costs.