P.F.Chang's China Bistro

Piper Jaffray is maintaining its P.F.Chang's China Bistro, Inc. (NASDAQ: PFCB) 4Q10 expectations, “including our $0.57 per share estimate, based on revenues of $309.9 million, partially driven by our flat comp estimates at both the Bistro and Pei Wei.” Piper Jaffray said that it has reiterated its...

Piper Jaffray reports that travel data showed continued improvement in November “which we highlight as a positive update for those concepts benefiting from our ‘high-end' consumer recovery thesis.” “Steadily improving, highly-correlated industry metrics remain in positive territory,” Piper Jaffray...