Bob Evans Farms (BOBE) Tops Q1 EPS Views; Boosts FY16 EPS Outlook

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Go back to Bob Evans Farms (BOBE) Tops Q1 EPS Views; Boosts FY16 EPS Outlook

Bob Evans Reports Fiscal 2016 First-Quarter Results, Raises Fiscal Year 2016 Guidance and Will Pursue $200 Million Sale-Leaseback of Restaurant Properties

September 1, 2015 4:01 PM EDT

Q1 2016 net sales total $321.7 million.  GAAP net income of $0.19 per diluted share.  Non-GAAP net Income(1) of $0.51 per diluted share  Company increases fiscal year 2016 non-GAAP diluted EPS guidance range to $1.85 to $2.00  Bob Evans Restaurants reports 21 percent increase in Q1 2016 non-GAAP operating income, compared to the corresponding period last year  BEF Foods reports 327 percent increase in Q1 2016 non-GAAP operating income, compared to the corresponding period last year Board authorizes pursuit of a $200 million sale-leaseback transaction for a select portion of its restaurant properties  Company... More