Pinstripe Holdings Sees Same Store Sales Growth Negative To Low Single Digit To Positive Low Single Digit; Sees Two New Venue Openings
Portfolio Pulse from Benzinga Newsdesk
Pinstripe Holdings anticipates its same-store sales growth to range from negative to low single digits to positive low single digits. Additionally, the company plans to open two new venues.
September 04, 2024 | 8:38 pm
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Pinstripe Holdings forecasts a range in same-store sales growth from negative to low single digits, indicating potential stability or slight improvement. The company also plans to expand with two new venue openings.
The forecasted range in same-store sales growth suggests stability or slight improvement, which is neutral for short-term stock movement. The opening of two new venues indicates potential for future growth, but immediate impact is limited.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100