Kona Grill Reports Fourth Quarter 2015 Results

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Wedbush Remains Bullish as Kona Grill (KONA) Reports In-Line Results

March 2, 2016 9:05 AM EST

Wedbush maintained an Outperform rating on Kona Grill (NASDAQ: KONA), and cut the price target to $21.00 (from $25.00), following the company's 4Q earnings release. KONA's results came roughly in-line with the company's preannouncement. EPS of ($0.18) was in-line with consensus estimates of ($0.17), on 3.2% SSS growth. Management... More

Kona Grill (KONA) Misses Q4 EPS by 1c

March 1, 2016 4:09 PM EST

Kona Grill (NASDAQ: KONA) reported Q4 EPS of ($0.18), $0.01 worse than the analyst estimate of ($0.17). Revenue for the quarter came in at $38.1 million versus the consensus estimate of $37.98 million.

Same-store sales increased 3.2%

Fourth quarter same-store sales growth of 3.2% is indicative of our concept strength, especially given... More