Famous Dave's of America (DAVE) Tops Q2 EPS by 5c

Famous Dave's of America (NASDAQ: DAVE) reported Q2 EPS of $0.19, $0.05 better than the analyst estimate of $0.14. Revenue for the quarter came in at $14.54 million versus the consensus estimate of $15.21 million.

Jeff Crivello, CEO, commented, “We look forward to implementing throughout the system many of the improvements from the successful refresh of our Coon Rapids restaurant. We increased Company-owned same store sales by 1.2%, despite losing 1.0% in sales due to weather-related closures in April in the Minneapolis market. Although catering sales continued to be a challenge, we launched several initiatives during the quarter aimed at growing this line of business. We look forward to opening the first Clark Crew BBQ in Oklahoma City, and finalizing the design of our new drive through concept.”

For earnings history and earnings-related data on Famous Dave's of America (DAVE) click here.

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