The Habit Restaurants (HABT) Reports Q4 EPS of $0.02, Comps Increase 13%, Offers Guidance

The Habit Restaurants (NASDAQ: HABT) reported Q4 EPS of $0.02, versus $0.02 reported last year. Revenue for the quarter came in at $48.4 million, versus $35.5 million reported last year. Comps increased 13.2%.

The Habit Restaurants sees FY2015 revenue of $216-219 million, versus the consensus of $215.23 million.

• Comparable restaurant sales growth of 2.5% to 3.0% (with comparable sales expected to grow at a level above the full fiscal year average in the first half of 2015);
• The opening of 26 to 28 company-owned restaurants and three to five franchised restaurants; and
• Restaurant contribution margin of 20.4% to 20.7%
• General and administrative expenses of $23.0 million to $23.5 million, including $1.4 million of non-cash stock compensation expense related to existing equity compensation programs, as well as costs associated with additional non-cash incentive programs expected to occur during 2015
• Capital expenditures of $26.0 to $28.0 million
• An effective tax rate of approximately 43%, which assumes the conversion of all common units of The Habit Restaurants, LLC for shares of our Class A common stock which would eliminate the non-controlling interest

For earnings history and earnings-related data on The Habit Restaurants (HABT) click here.

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