Ignite Restaurant Group (IRG) Misses Q1 EPS by 1c; Comps Fell 1.8%

Ignite Restaurant Group (NASDAQ: IRG) reported Q1 EPS of ($0.04), $0.01 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $117.9 million versus the consensus estimate of $119.51 million.

Comparable restaurant sales decreased 1.8% company-wide, comprised of a 1.3% decrease at Joe’s Crab Shack and a 4.5% decrease at Brick House Tavern + Tap.

For earnings history and earnings-related data on Ignite Restaurant Group (IRG) click here.

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