Ignite Restaurant Group (IRG) Misses Q1 EPS by 1c; Comps Fell 1.4%

Ignite Restaurant Group (NASDAQ: IRG) reported Q1 EPS of $0.11, $0.01 worse than the analyst estimate of $0.12. Revenue for the quarter came in at $118.2 million versus the consensus estimate of $120.62 million.

System-wide comparable restaurant sales for Ignite decreased 1.4%, with Joe’s Crab Shack decreasing 2.0% and Brick House Tavern + Tap increasing 3.9%

For earnings history and earnings-related data on Ignite Restaurant Group (IRG) click here.

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