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The Leisure industry as a whole closed the day up 0.3% versus the S&P 500, which was up 0.4%. Laggards within the Leisure industry included

Full House Resorts

(

FLL

), down 2.0%,

Flanigan's

(

BDL

), down 3.6%,

Lakes Entertainment

(

LACO

), down 1.7%,

Cosi

(

COSI

), down 2.9% and

Diversified Restaurant Holdings

(

BAGR

), down 4.0%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today:

Cosi

(

COSI

) is one of the companies that pushed the Leisure industry lower today. Cosi was down $0.04 (2.9%) to $1.25 on light volume. Throughout the day, 41,052 shares of Cosi exchanged hands as compared to its average daily volume of 182,600 shares. The stock ranged in price between $1.23-$1.29 after having opened the day at $1.29 as compared to the previous trading day's close of $1.29.

Cosi, Inc. owns, operates, and franchises fast-casual restaurants. The company offers food and beverage products for four dayparts comprising breakfast, lunch, snacking, and dinner. It also provides catering services for breakfast, lunch, and afternoon snacking. Cosi has a market cap of $24.8 million and is part of the services sector. Shares are down 23.2% year-to-date as of the close of trading on Wednesday.

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TheStreet Ratings rates

Cosi

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

Highlights from TheStreet Ratings analysis on COSI go as follows:

  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Hotels, Restaurants & Leisure industry. The net income has significantly decreased by 102.0% when compared to the same quarter one year ago, falling from -$2.04 million to -$4.11 million.
  • Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 46.98%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 91.66% compared to the year-earlier quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
  • COSI INC has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. The company has reported a trend of declining earnings per share over the past two years. However, the consensus estimate suggests that this trend should reverse in the coming year. During the past fiscal year, COSI INC reported poor results of -$0.65 versus -$0.28 in the prior year. This year, the market expects an improvement in earnings (-$0.34 versus -$0.65).
  • COSI, with its decline in revenue, slightly underperformed the industry average of 6.1%. Since the same quarter one year prior, revenues fell by 11.8%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.

You can view the full analysis from the report here:

Cosi Ratings Report

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At the close,

Lakes Entertainment

(

LACO

) was down $0.08 (1.7%) to $4.92 on light volume. Throughout the day, 17,511 shares of Lakes Entertainment exchanged hands as compared to its average daily volume of 41,900 shares. The stock ranged in price between $4.90-$4.99 after having opened the day at $4.95 as compared to the previous trading day's close of $5.00.

Lakes Entertainment, Inc. develops, finances, manages, and owns casino properties in the United States. Lakes Entertainment has a market cap of $127.0 million and is part of the services sector. Shares are up 26.6% year-to-date as of the close of trading on Wednesday.

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TheStreet Ratings rates

Lakes Entertainment

as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive.

Highlights from TheStreet Ratings analysis on LACO go as follows:

  • LACO's very impressive revenue growth greatly exceeded the industry average of 6.1%. Since the same quarter one year prior, revenues leaped by 272.6%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • LACO's debt-to-equity ratio is very low at 0.09 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with this, the company maintains a quick ratio of 17.12, which clearly demonstrates the ability to cover short-term cash needs.
  • 40.38% is the gross profit margin for LAKES ENTERTAINMENT INC which we consider to be strong. Despite the high profit margin, it has decreased significantly from the same period last year. Despite the mixed results of the gross profit margin, LACO's net profit margin of -14.36% significantly underperformed when compared to the industry average.
  • The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. In comparison to the other companies in the Hotels, Restaurants & Leisure industry and the overall market, LAKES ENTERTAINMENT INC's return on equity is significantly below that of the industry average and is below that of the S&P 500.
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Hotels, Restaurants & Leisure industry. The net income has significantly decreased by 430.9% when compared to the same quarter one year ago, falling from -$0.33 million to -$1.77 million.

You can view the full analysis from the report here:

Lakes Entertainment Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Full House Resorts

(

FLL

) was another company that pushed the Leisure industry lower today. Full House Resorts was down $0.03 (2.0%) to $1.44 on heavy volume. Throughout the day, 113,387 shares of Full House Resorts exchanged hands as compared to its average daily volume of 46,000 shares. The stock ranged in price between $1.36-$1.45 after having opened the day at $1.43 as compared to the previous trading day's close of $1.47.

Full House Resorts, Inc. owns, develops, manages, and invests in gaming-related enterprises. Full House Resorts has a market cap of $29.1 million and is part of the services sector. Shares are down 47.5% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts who rate Full House Resorts a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates

Full House Resorts

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Highlights from TheStreet Ratings analysis on FLL go as follows:

  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Hotels, Restaurants & Leisure industry. The net income has significantly decreased by 181.8% when compared to the same quarter one year ago, falling from -$0.83 million to -$2.35 million.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Hotels, Restaurants & Leisure industry and the overall market, FULL HOUSE RESORTS INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 49.84%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 225.00% compared to the year-earlier quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
  • FULL HOUSE RESORTS INC has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. The company has reported a trend of declining earnings per share over the past two years. However, the consensus estimate suggests that this trend should reverse in the coming year. During the past fiscal year, FULL HOUSE RESORTS INC swung to a loss, reporting -$0.21 versus $1.49 in the prior year. This year, the market expects an improvement in earnings (-$0.02 versus -$0.21).
  • FLL, with its decline in revenue, slightly underperformed the industry average of 6.1%. Since the same quarter one year prior, revenues fell by 16.0%. The declining revenue appears to have seeped down to the company's bottom line, decreasing earnings per share.

You can view the full analysis from the report here:

Full House Resorts Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.