Papa Murphy's (FRSH) Tops Q1 EPS by 1c, Maintains FY Outlook
Papa Murphy's (NASDAQ: FRSH) reported Q1 EPS of $0.15, $0.01 better than the analyst estimate of $0.14. Revenue for the quarter came in at $29.2 million versus the consensus estimate of $30 million.
2015 Financial Outlook
Based on current information, Papa Murphy's Holdings, Inc. is reiterating the following full-year guidance for fiscal year 2015, which ends on December 28, 2015:
- Domestic system-wide comparable store sales growth of approximately 3.0%;
- Total system-wide sales of approximately $900 million to $920 million;
- 110 to 115 new domestic store openings, including 10 to 15 new company-owned stores;
- Selling, general and administrative expenses ranging from $28.0 million to $30.0 million; and
- Capital expenditures of approximately $17.0 million to $21.0 million.
For earnings history and earnings-related data on Papa Murphy's (FRSH) click here.
