Jefferies Cuts Price Target on Bojangles' (BOJA) to $22 Following 4Q
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Bojangles’, Inc. Reports Financial Results for Its Fourth Fiscal Quarter and Fiscal Year 2015
March 10, 2016 4:05 PM ESTCHARLOTTE, N.C., March 10, 2016 (GLOBE NEWSWIRE) -- Bojangles, Inc. (Bojangles) (NASDAQ: BOJA) today announced financial results for the 13-week fourth fiscal quarter and 52-week fiscal year ended December 27, 2015. Â We also introduced guidance for the fiscal year 2016, which is a 52-week period ending on December 25, 2016.
Financial Highlights for the Fourth Fiscal Quarter 2015 Compared to the Fourth Fiscal Quarter 2014
System-wide comparable restaurant sales increased 0.6%;Total revenues increased 9.6% to $128.8 million from $117.4 million;16 system-wide restaurants were opened -- 9 company-operated restaurants and 7 franchised restaurants;Net Income decreased slightly... More