Bravo Brio Restaurant (BBRG) Tops Q1 EPS by 4c; Comps Up 4.6%; Updates FY11 Outlook
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Bravo Brio Restaurant Group (Nasdaq: BBRG) reported Q1 EPS of $0.18, $0.04 better than the analyst estimate of $0.14. Revenue for the quarter came in at $90.4 million versus the consensus estimate of $88.01 million.
BRIO comparable restaurant sales increased 4.6% and BRAVO! comparable restaurant sales increased 0.6%.
Sees FY2011 EPS of $0.75-$0.80, versus the consensus of $0.78. Sees FY2011 revenue of $365-$370 million, versus the consensus of $368.33 million.
Total comparable restaurant sales are expected to increase in the 1% to 3% range.
BRIO comparable restaurant sales increased 4.6% and BRAVO! comparable restaurant sales increased 0.6%.
Sees FY2011 EPS of $0.75-$0.80, versus the consensus of $0.78. Sees FY2011 revenue of $365-$370 million, versus the consensus of $368.33 million.
Total comparable restaurant sales are expected to increase in the 1% to 3% range.
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