The Habit Restaurants (HABT) Tops Q1 EPS by 1c
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The Habit Restaurants, Inc. Announces First Quarter 2016 Financial Results
May 4, 2016 4:10 PM EDTIRVINE, Calif., May 04, 2016 (GLOBE NEWSWIRE) -- The Habit Restaurants, Inc. (NASDAQ: HABT) (The Habit or the Company), today announced financial results for its first quarter ended March 29, 2016.
Highlights for the first quarter ended March 29, 2016:
Total revenue was $67.0 million compared to $54.6 million in the first quarter of 2015.Company-operated comparable restaurant sales increased 2.0% as compared to the first quarter of 2015.Net income was $3.4 million, compared to $3.0 million in the first quarter of 2015.Adjusted fully distributed pro forma net income(1) was $2.6 million, or $0.10 per fully distributed weighted average share... More