Bob Evans Farms (BOBE) Tops Q1 EPS by 4c; Comps Fell 4.3%

August 31, 2016 7:03 AM EDT

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Bob Evans Farms (NASDAQ: BOBE) reported Q1 EPS of $0.48, $0.04 better than the analyst estimate of $0.44. Revenue for the quarter came in at $306.3 million versus the consensus estimate of $310.92 million.

Bob Evans Restaurants’ Q1 same-store sales decline 4.3 percent, Q2-to-date same-store sales declines through August 29, moderate to -2.0 percent, following hospitality and food quality improvements. Comprehensive menu redesign launches system-wide September 1.

GUIDANCE:

Bob Evans Farms sees FY2017 EPS of $2.05-$2.20, versus the consensus of $2.06.

For earnings history and earnings-related data on Bob Evans Farms (BOBE) click here.



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