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A RARE Opportunity?
By Rick Aristotle Munarriz (TMF Edible)
April 21, 2005

When RARE Hospitality (Nasdaq: RARE) asks you what you want for dinner, it usually means how you want your steak. The operator of the LongHorn Steakhouse, Bugaboo Creek Steak House, and Capital Grille chains produced results that would probably be best described as, um, medium-well.

Earnings inched higher, going from $0.42 a share during last year's March quarter to a $0.44 showing this time around as sales rose by 14%. Expansion fueled most of the top-line growth, and that's not necessarily a bad thing, as long as the concepts are hitting on all cylinders...
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