Stephen Anderson joined Miller Tabak + Co., LLC, in September 2010 as an Analyst covering the restaurant sector. He was recognized as one of the industry's top-ranked restaurant analysts in 2009, ranking number two in the Financial Times/StarMine survey based on earnings accuracy and number three in The Wall Street Journal's Best on the Street survey based on rate of return. He has been featured on CNBC, Bloomberg Radio and TV, Fox Business News, The Wall Street Journal, Barron’s, Nation’s Restaurant News and other media. Prior to joining Miller Tabak + Co., LLC, Mr. Anderson worked as a Restaurant and Retail Analyst at MKM Partners LLC and as a Market Strategist at Polyconomics, Inc., and he began his career as a Research Associate in fixed income market strategy at Donaldson, Lufkin & Jenrette. He holds an MBA from New York University and a B.A. from the University of Pennsylvania. Profile
TWST: Stephen, what does the state of the economy mean for the restaurant?
Mr. Anderson: I think it's survival of the fittest right now. I think