The Habit Restaurants (HABT) Tops Q3 EPS by 1c, Comps Increase 2.9%, Offers FY Guidance

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Go back to The Habit Restaurants (HABT) Tops Q3 EPS by 1c, Comps Increase 2.9%, Offers FY Guidance

The Habit Restaurants, Inc. Announces Third Quarter 2015 Financial Results

November 4, 2015 4:06 PM EST

IRVINE, Calif., Nov. 4, 2015 (GLOBE NEWSWIRE) -- The Habit Restaurants, Inc. (NASDAQ: HABT) ("The Habit" or the "Company"), today announced financial results for its third quarter ended September 29, 2015.

Highlights for the third quarter ended September 29, 2015:

Total revenue was $58.6 million compared to $47.0 million in the third quarter of 2014. Company-operated comparable restaurant sales increased 2.9%. Net income was $2.2 million, compared to $2.1 million in the third quarter of 2014. Adjusted fully distributed pro forma net income(1) was $1.7 million, or $0.06 per fully distributed weighted average share compared with $1.2 million, or $0.05 per fully distributed weighted average share... More