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Zoe's Kitchen, Inc. (ZOES) develops and operates fast casual Mediterranean cuisine restaurants in the United States.
The company operates a range of restaurant formats, including in-line, end-cap, and free-standing restaurants.
It also grants licenses to qualified franchisees to construct and operate Zoës Kitchen restaurants. As of March 31, 2015, the company had 142 locations in 16 states of the United States.
The Company's menu offers meals made generally from scratch using produce, proteins and other ingredients that are preservative- and additive-free, including its appetizers, soups, salads and kabobs. Its restaurant size averages approximately 2,750 square feet. The Company's food, including both hot and cold items, is used for catering in a range of business and social occasions.
The Company offers social catering solutions designed for its customers' life events, including Zoes Party Packs, which are bundled catering packages for birthday parties, baby and bridal showers, sporting and outdoor events, girls night out and family gatherings.
Shares have formed a bullish "flag" following the company's latest quarterly report. Higher share prices are expected for this stock.
52-Weeks Trading Range: $27.09 - $42.92
Entry Point: $41.50
Stop Loss: $39.50
Target Price: $46.00
ZOES reached our target price. Closed at $46.00.
