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

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

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