Bravo Brio Restaurant (BBRG) Misses Q3 EPS by 2c; Announces CEO Succession
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Bravo Brio Restaurant Group, Inc. Reports Third Quarter Financial Results
November 5, 2015 4:08 PM ESTCOLUMBUS, Ohio, Nov. 5, 2015 (GLOBE NEWSWIRE) -- Bravo Brio Restaurant Group, Inc. (NASDAQ: BBRG) (the Company) owner and operator of the BRAVO! Cucina Italiana (BRAVO!) and BRIO Tuscan Grille (BRIO) restaurant concepts, today reported financial results for the thirteen and thirty-nine week periods ended September 27, 2015. The Company also updated some of the parameters of its 2015 outlook, provided 2016 development guidance, and announced a new $15 million share repurchase program.
Selected Third Quarter 2015 Highlights Compared to the Third Quarter 2014:
Revenues increased 3.9% to $98.3 million from $94.6 million. Total comparable restaurant sales decreased 3.5%. Comparable restaurant sales decreased... More