Ignite Restaurant Group (IRG) Tops Q3 EPS by 5c

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Ignite Restaurant Group Reports Third Quarter 2015 Financial Results

November 5, 2015 4:07 PM EST

HOUSTON--(BUSINESS WIRE)-- Ignite Restaurant Group (NASDAQ: IRG) today reported financial results for the third quarter ended September 28, 2015.

Highlights for the third quarter of 2015 were as follows:

Total revenues were $133.4 million, compared to $139.3 million in the third quarter of 2014; Comparable restaurant sales decreased 0.7% at Brick House Tavern + Tap and decreased 6.6% at Joes Crab Shack; Loss from continuing operations was $4.3 million, or $0.17 per diluted shares, compared to $2.4 million, or $0.09 per diluted shares in the third quarter of 2014; and... More