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Del Frisco's (DFRG) Tops Q2 EPS by 1c

July 21, 2016 7:15 AM EDT
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Price: $7.98 --0%

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Del Frisco's (NASDAQ: DFRG) reported Q2 EPS of $0.19, $0.01 better than the analyst estimate of $0.18. Revenue for the quarter came in at $79.9 million versus the consensus estimate of $80.79 million.

  • Total comparable restaurant sales decreased 0.7%.
  • Comparable restaurant sales decreased 1.9% at Del Frisco’s Double Eagle Steak House comprised of a 0.7% decrease in average check and 1.2% decrease in customer counts.
  • Comparable restaurant sales increased 2.9% at Sullivan’s Steakhouse comprised of a 1.1% increase in average check and 1.8% increase in customer counts.
  • Comparable restaurant sales decreased 2.0% at Del Frisco’s Grille comprised of a 1.7% decrease in average check and 0.3% decrease in customer counts.

GUIDANCE:

Del Frisco's sees FY2016 EPS of $0.83-$0.86, versus the consensus of $0.85. Sees total comparable restaurant sales growth of 0% to 1.0%.

For earnings history and earnings-related data on Del Frisco's (DFRG) click here.



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