Case analysis of
California Pizza Kitchen
Course (506): Cases in Financial Decision Making
SUBMITTED TO:
Dr. M. Sadiqul Islam
Professor
Department of Finance
University of Dhaka
SUBMITTED BY:
Group 21
MBA 16th Batch
Department of Finance
University of Dhaka
Date of Submission
April 08, 2015
Group No: 21
Serial
Name
BBA ID
MBA ID
1
Farhana Bondhon
16-004
16-615
2
Farha Farzana
16-006
16- 727
3
Marufa Akhter
16-132
16- 657
Letter of Transmittal
April 08, 2015
Dr. M. Sadiqul Islam
Professor
Department of Finance
University of Dhaka
Subject: Submission of Report.
Sir,
With pleasure, we present to you the report on “case analysis of California Pizza Kitchen” for the fulfillment of the course “Cases in Financial Decision”. Making analysis of it was a great opportunity for us to acquire knowledge and experience. For our academic purpose and for the learning perspective, it will be great helpful. We would like to convey our special thanks and gratitude to you for patronizing our effort & giving us the proper guidance.
We will be highly grateful & obliged if you kindly accept our work & evaluate it with your sagacious judgment. Thank you for your sincere support.
Sincerely yours,
Group 21
M.B.A 16th batch
Department of Finance
University of Dhaka
This case is on California pizza kitchen which started in 1985 in California, USA. In the second quarter of 2007, CPK revenue increased 16% while comparable restaurant sales grew by 5%. Performing comparatively well against its competitors, CPK's stock has been depressed recently falling to $22.10 in June. Hence the company has decided to buy back its shares to strengthen the market share prices of the California Pizza Kitchen (CPK). Susan Collins, the chief financial officer of California Pizza Kitchen is concerned about the 10% decrease in the share price of the company, and also her main concern is about the ideal time to repurchase floating shares of the company by issuing new debt in the