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Bojangles' (BOJA) Tops Q3 EPS by 4c

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Bojangles’, Inc. Reports Financial Results for its Third Fiscal Quarter 2016

November 3, 2016 4:07 PM EDT

CHARLOTTE, N.C., Nov. 03, 2016 (GLOBE NEWSWIRE) -- Bojangles, Inc. (Bojangles) (NASDAQ: BOJA) today announced financial results for the 13-week third fiscal quarter ended September 25, 2016.  Bojangles also updated its annual guidance for its fiscal year 2016, which is a 52-week period ending on December 25, 2016.

Financial Highlights for Third Fiscal Quarter 2016

System-wide comparable restaurant sales increased 0.8% while company-operated comparable restaurant sales decreased 0.2% and franchised comparable restaurant sales increased 1.4%;Total revenues increased 7.2% to $133.2 million from $124.3 million;10 system-wide restaurants were opened 6 company-operated restaurants and 4 franchised restaurants;Net Income increased 12.4%... More