Zoe's Kitchen (ZOES) Tops Q2 EPS by 1c, Comps Up 5.6%, Updates Outlook
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Zoës Kitchen Announces Second Quarter 2015 Results
August 27, 2015 4:01 PM EDTPLANO, Texas--(BUSINESS WIRE)-- Zoe's Kitchen, Inc. ("Zoës Kitchen" or the "Company") (NYSE: ZOES) today reported financial results for the twelve and twenty-eight weeks ended July 13, 2015.
Highlights for the twelve weeks ended July 13, 2015, as compared to the twelve weeks ended July 14, 2014:
Total revenue increased 30.0% to $54.5 million. Comparable restaurant sales increased 5.6%. Seven new Company-owned restaurants opened. Restaurant contribution increased 31.2% to $11.6 million. Adjusted EBITDA* increased 28.2% to $6.0 million. Net income was $0.1 million,... More