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Chanticleer (HOTR) Provides Q4 Comparable-Store Sales Results

February 10, 2016 7:07 AM EST

Chanticleer Holdings, Inc. (Nasdaq: HOTR) announced that year-to-date same store sales in the fourth quarter of 2015 for its Better Burgers segment increased 9.1%, Just Fresh Fast Casual grew 4.2%, and domestic Hooters stores increased 2.4%.

                                                                            
4Q15 4Q15
Strong Same Store Sales Growth * Local Currency US Dollars
------------------------------------------- ---------------------------
Better Burgers Fast Casual (5 stores) 9.1% 9.1%
Just Fresh Fast Casual (5 stores) 4.2% 4.2%
Hooters Full Service US (2 stores) 2.4% 2.4%
Hooters Full Service International (6
stores) (6.0%)** (21.0%)**

* Includes only those
restaurant locations owned
and operated by the Company
for the full quarter of the
current and prior year
quarter
**Excludes Hooters
Australia locations due to
administration period

Mike Pruitt, Chairman and CEO of Chanticleer Holdings, commented, "We are pleased to see sustained positive same store sales growth in our U.S. locations. Our Better Burger and Just Fresh brands continue to capitalize on local customer tastes and preferences. The management teams have executed targeted marketing initiatives to drive new customers to stores, and the strong performance is a testament to their efforts. Our Pacific Northwest Hooters restaurants are among the top performing domestic Hooters franchise locations for 2015, and they continue to post strong results. International same store sales were impacted across the board by the weakness of the South African Rand. While South Africa same store sales were down slightly compared to last year, restaurant EBITDA has improved, and we continue to bolster local operational and marketing initiatives at our international locations."



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