Piper Jaffray Cuts Price Target on The Habit Restaurants (HABT) Following 2Q15
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The Habit Restaurants, Inc. Announces Second Quarter 2015 Financial Results
August 5, 2015 4:01 PM EDTIRVINE, Calif., Aug. 5, 2015 (GLOBE NEWSWIRE) -- The Habit Restaurants, Inc. (NASDAQ: HABT) ("The Habit" or the "Company"), today announced financial results for its second quarter ended June 30, 2015.
Highlights for the second quarter ended June 30, 2015:
Total revenue was $56.7 million compared to $41.5 million in the second quarter of 2014. Company-wide comparable restaurant sales increased 8.9%. Net income was $2.4 million, compared to $2.3 million in the second quarter of 2014. Adjusted fully distributed pro forma net income(1) was $2.3 million, or $0.09 per fully distributed weighted average share. Adjusted EBITDA(1) increased 53.2% to $7.6 million compared with... MoreThe Habit Restaurants, Inc. Announces Second Quarter 2015 Financial Results
August 5, 2015 4:01 PM EDTIRVINE, Calif., Aug. 5, 2015 (GLOBE NEWSWIRE) -- The Habit Restaurants, Inc. (NASDAQ: HABT) ("The Habit" or the "Company"), today announced financial results for its second quarter ended June 30, 2015.
Highlights for the second quarter ended June 30, 2015:
Total revenue was $56.7 million compared to $41.5 million in the second quarter of 2014. Company-wide comparable restaurant sales increased 8.9%. Net income was $2.4 million, compared to $2.3 million in the second quarter of 2014. Adjusted fully distributed pro forma net income(1) was $2.3 million, or $0.09 per fully distributed weighted average share. Adjusted EBITDA(1) increased 53.2% to $7.6 million compared with... More