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Del Frisco's (DFRG) Reports In-Line Q1 EPS; Guides In-Line

April 29, 2014 6:19 AM

Del Frisco's (NASDAQ: DFRG) reported Q1 EPS of $0.20, in-line with the analyst estimate of $0.20. Revenue for the quarter came in at $66.6 million versus the consensus estimate of $67.2 million. On a calendar basis, comparable restaurant sales increased 5.1% at Del Frisco's Double Eagle and represented the concept's 17th consecutive quarter of positive comparable restaurant sales. On a fiscal quarter basis, which includes a one-week calendar shift in the comparison due to the 53rd week in fiscal 2013, sales in the same restaurants increased 5.5%. On a calendar basis, comparable restaurant sales decreased 2.1% at Sullivan's. On a fiscal quarter basis, which includes a one-week calendar shift in the comparison due to the 53rd week in fiscal 2013, sales in the same restaurants decreased 4.5%.

Del Frisco's sees FY2014 EPS of $0.94-$0.98, versus the consensus of $0.97.

For earnings history and earnings-related data on Del Frisco's (DFRG) click here.

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Earnings Guidance