California Pizza Kitchen Chris Schroeder FI 602: Financial Strategy and Valuation Fang Chen September 21‚ 2012 Introduction In July of 2007‚ California Pizza Kitchen (CPK)‚ a casual dining pizzeria started in California by co-owners Rick Rosenfield and Larry Flax‚ was faced with the decision to invest in a stock repurchase program. Led by Chief Financial Officer Susan Collyns‚ the financial team of CPK was reviewing the preliminary results for the second quarter to determine if the stock
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There’s nothing like a good pizza. The combination of melted cheese and tomato sauce with my favorite toppings all on a tasty golden brown crust is amazing and mouthwatering. The only thing that tops a great pizza is the feeling you get when the great pizza is a creation of your own. Every kind of pizza begins with the crust‚ but before you have crust you have pizza dough. The soft off-white pizza dough is very malleable. The dough feels cool in your hands as you shape it into a circle adding flour
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Papa John’s Pizza restaurants chain‚ owned by John H. Schnatter‚ is based in Louisville‚ Kentucky. The Company is fourth place among pizza restaurants‚ with a 4.1 percent market share. The chain has grown by adding 1290 new restaurants in just 5 years and the Company expects restaurant sales to top $1 billion this year. Papa John’s stakeholders are customers‚ staff‚ franchisees and shareholders. The Company prioritized its stakeholders and community as it shows by varied CSR actions. One of the
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has the contract to supply pizza at all home football games for a university in the Big 12 atheletic conference. It is a constant challenge at each game to determine how many pizzas to have available at the games. Tom Kealey‚ operations manager for Arrowmark‚ has determined that his fixed cost of providing pizzas‚ whether he sells 1 pizza or 4000 pizzas‚ is $1‚000. This cost includes hiring employees to work at the concession booths‚ hiring extra employees to cook the pizzas the day of the game‚ delivering
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brownies‚ their stock in exchange remains pizza. From deep-dish to thin crust‚ it’s hard to resist a good pizza! Whether you’re a vegetarian or a meat lover-type‚ we’ve compiled a list of the hottest pizza spots from around the country. Ever feel like there is not enough cheese on your pizza‚ too many onions or too little sauce? Worry no more! When you check out one of these places‚ you’ll have no complaints - just a mouth-full of pie. Everyone is loyal to the pizza from their home town.
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Version 1.0 CALIFORNIA PIZZA KITCHEN Everyone knows that 95 percent of restaurants fail in the first two years‚ and a lot of people think it’s ‘location‚ location‚ location.’ It could be‚ but my experience is you have to have the financial staying power. You could have the greatest idea‚ but many restaurants do not start out making money – they build over time. So it’s really about having the capital and the staying power. — Rick Rosenfield‚ Co-CEO‚ California Pizza Kitchen1 In early July
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Consumption in the Pizza Fast Food Industry Today‚ the average American eats 46 slices of pizza per year (about 23 pounds). Buck Jones reports "The business is only expected to grow as the industry continues to expand its product base and revenue earnings through imaginative recipes and creative marketing concepts" (Jones‚ 177). Pizza producers are searching for additional pizza products that will appeal to new markets such as the croissant‚ French bread‚ and other specialty products showing up
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Pronto Pizza is a family-owned pizza restaurant in Vinemont‚ a small town of 20‚000 people in upstate New York. Antonio Scapelli started the business 30 years ago as Antonio ’s Restaurant with just a few thousand dollars. Antonio‚ his wife‚ and their children‚ most of whom are now grown‚ operate the business. Several years ago‚ one of Antonio ’s sons‚ Tony‚ Jr.‚ graduated from NYU with an undergraduate degree in business administration. After graduation‚ he came back to manage the family business
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Dominos Pizza Propaganda The Dominos Pizza ad screams propaganda with a capital P. This propaganda makes you the consumer very intrigued and enticed to buy Dominos pizza. The advertisers for this company use many items and quotes to convince you that their pizza is the best. They as the advertiser chose to do this time and time again to help you to continue to stay a regular customer also. They do not have to say that their pizza is the best‚ just by all of the items and information
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Be Cool to the Pizza Dude I really liked this essay because it was a personal creed based on life experience and taught me a lot about being respectful and kind and valuing honest work. I really liked how she divided her believes and thoughts into principles. Also‚ my impression after reading this essay was strong based on author’s well-focused thesis‚ organized and engaging paragraphs. Her well focused thesis grabbed my attention and I was engaged with the essay. She started with
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