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OK you are not at all and that -- backyard barbecues and that means amateurs and hot dogs.
My my a lot of what everyone of course has their favorite topping personally.
I like tons of mustard Cody wanted to say how much I don't know -- like Muster.
You don't like no I'm serious and real -- does a lot of that I will put that much mustard I don't believe.
Really I'm serious I believe this does that -- Our next guest -- think anything about the hot that's a lot of -- you know.
He would after on the sealant Nathan's Famous hot shots -- -- -- Americans seriously I love hot dogs with that when we got animosity come up.
-- in the hot fourth of July weekend will be internal company aspect of it but this hot dog eating contest oh my god it's so popular.
Ninety years you have been doing this.
That's and it snaps -- when the first door opener 1960 and some version of this contest going on there.
And so -- since then there were two years that didn't happen but by and large since the inception we've been doing it.
And it's taken off in last ten years especially since the Japanese started coming because they have a whole different outlook what.
-- -- -- If you know dates somewhere around 199697.
The first one showed up and at the time that she's -- and world record -- eighteen hot dog.
And twelve minutes and lives were over 66 yeah yeah I can't.
Joey chestnut that was just last year -- -- sixty's it's hot -- involvement in the many didn't and I got it -- -- that's 191600.
Calories and more than 12100 grams of -- -- mindedness.
It is my -- and marketing why isn't this like -- -- associate naked with that.
They they certainly do when when we travel and go anywhere this is definitely a point of conversation -- what the meeting is no matter who are leading.
They want to tell me a story about how the grandparents met Tony Allen at the store.
-- asked me how that Japanese guy he's almost.
How -- -- what they're 145.
Pounds -- Arnold's.
But the company publicly traded small market cap and guys and small cap it's not very liquid -- -- -- and I don't know much about the company put.
35 million dollars and net cash on the balance sheet you're growing the business it looks like there's an actual growth projections thirty little Wall Street coverage Lou what's gonna.
I think -- small to be covered -- were also not actively seeking.
We believe in morning and that if we -- the stock prices come along and that's really what's happened over the last five.
Is there any idea that maybe could you guys got a nice pretty nice multiple relative to the rest of the market I mean it's only eight or nine saying enterprise value to ebitda -- cash -- -- Isn't it isn't real cheap and guess what I'm saying there's -- that a bison companies may hold.
A little bit you know Leo we we have we got a good run for five years and we built this -- stockpile cash and we were looking to be active -- that -- but you know the private equity boom.
-- the -- -- multi -- crazy so we decided patients started seeing things come back but as things come back believe it or not they're coming off the market.
But things that are for sale right now our truck.
What apple -- you know that -- everybody every business is talking about how expensive.
Their input costs -- -- -- -- -- buddhism we probably have a section of our business that's wholesale when we're wholesaling hot dogs and other items to other people.
Outside our restaurants just.
That's being the fastest growing part of our business for the last six or seven years.
That point we can't get in front of -- increases because we don't control the ultimate retail price we have to sell someone -- -- on prices.
And we can't get it every time we raise prices for next week our prices are often although you guys are having to raise prices and -- continues here yet.
The only like a lot of this isn't he don't have a choice because otherwise you profit margins are being squeaking here.
Basically not make -- -- -- art books are -- our own restaurants that certain.
Business week raised prices and kept our food -- as a percentage sales right in the same -- spent ten years.
And we're not -- here to push back as.
Read about -- I'm on that John -- in a very.
Able to -- You know we got.
You're gonna find that the bullet barely got very -- joining Dunlop I got Tom.
I got you would not believe the true that we got in more broadly we've also -- Joseph is one of our guest next stick around guys and got a whole lot more -- very -- not done through our.
They're really -- I've spent well it's Rebecca out of the decency -- -- -- -- over there.
I don't watch that.
Nathan's hot dog eating -- this Friday July 4 at noon by the way on ESPN and make sure to watch American let me scoreboard tonight I'll actually be on there with Joey chestnut the hot dog eating champion.
Lots of fun I'll do another contest there by that I got -- it done -- -- little about it.
I just got back.
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