Chuy's Holdings (CHUY) Misses Q3 EPS by 3c
Chuy's Holdings (NASDAQ: CHUY) reported Q3 EPS of $0.19, $0.03 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $92.2 million versus the consensus estimate of $93.19 million.
GUIDANCE:
Chuy's Holdings sees Q4 2017 EPS of $0.96-$1.00.
Comparable restaurant sales growth of (1.5%) to 0.0% versus a previous range of (1.5%) to 0.5% (on a 52-week comparable basis);
Restaurant pre-opening expenses of $5.5 million to $5.9 million versus a previous range of $6.0 million to $6.5 million;
General and administrative expense of $18.8 million to $19.1 million versus a previous range of $19.5 million to $20.0 million;
An effective tax rate of 26% to 28% versus a previous range of 28% to 30%;
The opening of 11 new restaurants versus 12 due to hurricane damages in Florida;
Annual weighted average diluted shares outstanding of 17.0 million to 17.1 million shares; and
Net capital expenditures (net of tenant improvement allowances) of $36.0 million to $41.0 million.
For earnings history and earnings-related data on Chuy's Holdings (CHUY) click here.
