Takeaway: We are removing DFRG long from Investing Ideas today.

"It's been a good run and I’m not bullish on being long Consumer Discretionary (XLY) exposures during Quad 3 (i.e. U.S. Growth slowing and Inflation accelerating)," explains CEO Keith McCullough.

***No change to Restaurants analyst Howard Penney's fundamental long thesis on Del Frisco's. Click here to read our analyst's original report on the company.

DFRG: We Are Removing Del Frisco's from Investing Ideas - Our Risk Management Overlay is Rules Based