BBQ Holdings Inc. (BBQ) Announces Revenue and Earnings Guidance for Fiscal Year 2021
Get Alerts BBQ Hot Sheet
Join SI Premium – FREE
BBQ Holdings, Inc. (NASDAQ: BBQ) (the “Company”), an innovating global owner and operator of restaurants, recently provided revenue and earnings guidance in an updated investor presentation filed via 8-K. Guidance for its fiscal year 2021 is as follows:
- Revenue guidance for the year of $150 – $155MM
- Net Income of $1.7 – $2.1MM and Cash EBITDA of $8.5 – $9.0MM for fiscal year 2021.
The presentation can be found at: http://ir.famousdaves.com/static-files/1f4ec835-db03-471c-aa95-94ba5d74f9c3
Executive Comments
Jeff Crivello, CEO, commented, “We are excited to publish our revenue, and earnings guidance for fiscal year 2021. We are diligently working to execute our organic and M&A growth plan, while continuing to adjust with the fluid COVID restrictions. We believe there is a significant amount of pent up demand for dining, and expect demand to grow throughout the year. We will provide future guidance as the year develops.”
Cash EBITDA Guidance Range | |||||||||
(dollars in thousands) | FY 2021 Projected | FY 2021 Projected | |||||||
Net income | $ | 1,712 | $ | 2,087 | |||||
Depreciation and amortization | 4,690 | 4,690 | |||||||
Interest expense, net | 500 | 500 | |||||||
Non-cash rent | (265 | ) | (265 | ) | |||||
Stock-based compensation | 1,129 | 1,129 | |||||||
Provision for income taxes | 737 | 862 | |||||||
Cash EBITDA | $ | 8,503 | $ | 9,003 |
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Gilead Sciences (GILD) Misses Q1 EPS by 288c
- Minerals Technologies (MTX) Tops Q1 EPS by 16c
- SkyWest (SKYW) Tops Q1 EPS by 28c, Beats on Revenue
Create E-mail Alert Related Categories
Guidance, Management CommentsRelated Entities
Earnings, Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!