BUCA (BUCA) Reports a Q4 Loss, Same-Store Sales Fall
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BUCA (Nasdaq: BUCA) reported a Q4 loss of $0.26 vs. the analyst estimate of a loss of $0.04. Revenues for the quarter were $64.1 million, versus the consensus of $65.2 million.
(The net loss in the fourth quarter of fiscal 2007 includes a loss on disposal of assets of $0.5 million related to repairs and renovation of the Company’s San Francisco restaurant and asset impairment charges of $4.3 million)
Buca di Beppo comparable restaurant sales decreased 2.5% for the fourth quarter of fiscal 2007 as compared to the same period last year.
BUCA, Inc. and its subsidiaries engage in the development, ownership, and operation of Italian restaurants under the name Buca di Beppo.
(The net loss in the fourth quarter of fiscal 2007 includes a loss on disposal of assets of $0.5 million related to repairs and renovation of the Company’s San Francisco restaurant and asset impairment charges of $4.3 million)
Buca di Beppo comparable restaurant sales decreased 2.5% for the fourth quarter of fiscal 2007 as compared to the same period last year.
BUCA, Inc. and its subsidiaries engage in the development, ownership, and operation of Italian restaurants under the name Buca di Beppo.
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