Bojangles' (BOJA) Tops Q3 EPS by 6c, Revenues Beat

Bojangles' (NASDAQ: BOJA) reported Q3 EPS of $0.21, $0.06 better than the analyst estimate of $0.15. Revenue for the quarter came in at $138.7 million versus the consensus estimate of $136.33 million.

“We are pleased the Bojangles’® system returned to positive comparable restaurant sales during the third fiscal quarter despite the negative impact associated with Hurricane Florence in September,” said Bojangles’ Interim President and CEO Randy Kibler.

“We believe our back to basics strategy of operating ‘well-run restaurants’ is elevating customer perceptions of Bojangles’. We are enhancing customers’ total brand experience through staffing and training initiatives, improving speed of service at the drive-thru, promoting high-quality signature menu items with value messaging, and building out our technological capabilities to support the use of our new mobile app and delivery test,” concluded Mr. Kibler.

For earnings history and earnings-related data on Bojangles' (BOJA) click here.

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