Zoe's Kitchen (ZOES) Tops Q4 EPS by 3c, Comps Increase 7.7%

Zoe's Kitchen (NYSE: ZOES) reported Q4 EPS of ($0.03), $0.03 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $52.7 million versus the consensus estimate of $50.66 million.

• Comparable restaurant sales increased 7.7%

GUIDANCE:

Zoe's Kitchen sees FY2016 revenue of $275-280 million, versus the consensus of $275.59 million.

• Comparable restaurant sales growth of 4.0% to 5.5%.
• 34 to 36 Company-owned restaurant openings.
• Restaurant contribution margin between 20.3% and 20.8%.
• General and administrative expenses between 11.6% and 11.8% of total revenue, inclusive of $2.1 million of non-cash equity-based compensation expense.

For earnings history and earnings-related data on Zoe's Kitchen (ZOES) click here.

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