Zoës Kitchen Announces Third Quarter 2015 Results

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Piper Jaffray Says Negative Traffic Results Could Pressure Zoe's Kitchen (ZOES); Cuts Price Target to $35

November 20, 2015 8:38 AM EST

Piper Jaffray maintained a Neutral rating on Zoe's Kitchen (NYSE: ZOES), and cut the price target to $35.00 (from $40.00), following the company's 3Q earnings report. Zoe's released 3Q15 EPS results that were ahead of Street expectations. Total revenues were $56.4M, ahead of consensus expectations at $55.7M. However, same-store sales came in at +4.5%, which was... More

Zoe's Kitchen (ZOES) Tops Q3 EPS by 2c, Updates FY Guidance

November 19, 2015 4:14 PM EST

Zoe's Kitchen (NYSE: ZOES) reported Q3 EPS of $0.05, $0.02 better than the analyst estimate of $0.03. Revenue for the quarter came in at $56.4 million versus the consensus estimate of $55.66 million.

Comparable restaurant sales increased 4.5%.

Zoe's Kitchen sees FY2015 revenue of $222-224 million,... More