Famous Dave's Of America, Inc. (DAVE) Tops Q2 EPS by 4c, Sees Struggle on Top Line in 2014
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Revenue Growth %: +28.4%
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Restaurant sales, net: 21M
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Famous Dave's Of America, Inc. (NASDAQ: DAVE) reported Q2 EPS of $0.40, $0.04 better than the analyst estimate of $0.36. Revenue for the quarter came in at $41.9 million versus the consensus estimate of $41.37 million.
"As we look out at the remainder of 2014, we know that we will continue to struggle with top-line sales, particularly on a comparable basis, as the level of email discounting accelerated in the second-half of 2013. Ending this strategy will continue to negatively impact our top-line performance through until at least the end of the first quarter of 2015."
For earnings history and earnings-related data on Famous Dave's Of America, Inc. (DAVE) click here.
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