Zoe's Kitchen (ZOES) Tops Q4 EPS by 2c, Comps Up 7.8%
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Zoës Kitchen Announces Fourth Quarter and Fiscal Year 2014 Results
March 11, 2015 4:00 PM EDTPLANO, Texas--(BUSINESS WIRE)-- Zoe's Kitchen, Inc. ("Zoës Kitchen" or the "Company") (NYSE: ZOES) today reported financial results for the twelve and fifty-two weeks ended December 29, 2014.
Highlights for the twelve weeks ended December 29, 2014 as compared to the twelve weeks ended December 30, 2013:
Total revenue increased 39.5% to $40.0 million. Comparable restaurant sales increased 7.8%. Opened six Company-owned restaurants and acquired three franchise restaurants. Restaurant contribution increased 43.3% to $7.4 million. Adjusted EBITDA* increased 119.7% to $2.8 million.... More