$PZZA

1. turnaround 700B market cap with 350B cashflow
2. net income dropped mostly due to depreciation
3. 550 store with current market cap is valued at 1.2B/store for now. historically speaking 60 store being open with 450B capex previously https://cutt.ly/brV9JSpq
4. boikot issue slowing down, q2 start to improve.
5. management direction to close unproductive asset and further improve existing one. expect rev/store increasing to get the operating leverage.
6. uncommon stock due to low liquidity


risk
1. failed turnaround. sign of improvement should alrd been reflected in q3-q4

dyor.feel free to test the thesis