Diversified Restaurant Holdings (SAUC) Misses Q1 EPS by 2c, Miss on Revenues

Diversified Restaurant Holdings (NASDAQ: SAUC) reported Q1 EPS of $0.01, $0.02 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $39.5 million versus the consensus estimate of $40.37 million.

First Quarter Information (from continuing operations)

• Revenue totaled $39.5 million; Same-store sales declined 8.5%
• Net income was $0.2 million, or $0.01 per diluted share
• Restaurant-level EBITDA(1) was $6.9 million, or 17.4% of sales
• Adjusted EBITDA(1) was $5.1 million
• Total debt was reduced by $2.9 million to $111.1 million at quarter end

For earnings history and earnings-related data on Diversified Restaurant Holdings (SAUC) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Zeo Energy Corp (ZEO) Misses Q2 EPS by 7c
• Blackhawk Network (HAWK) Reports Q2 Loss of $0.07; Offers Guidance