Bojangles' (BOJA) Tops Q1 EPS by 3c

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Go back to Bojangles' (BOJA) Tops Q1 EPS by 3c

Bojangles’, Inc. Reports Financial Results for its First Fiscal Quarter 2016

May 5, 2016 4:07 PM EDT

CHARLOTTE, N.C., May 05, 2016 (GLOBE NEWSWIRE) -- Bojangles, Inc. (Bojangles) (NASDAQ: BOJA) today announced financial results for the 13-week first fiscal quarter ended March 27, 2016.   Bojangles® also raised its guidance for the fiscal year 2016, which is a 52-week period ending on December 25, 2016.

Financial Highlights for First Fiscal Quarter 2016

System-wide comparable restaurant sales increased 2.0%;Total revenues increased 11.3% to $127.7 million from $114.6 million;Nine system-wide restaurants were opened seven company-operated restaurants and two franchised restaurants;Net Income increased to $7.8 million from $3.4 million;Pro Forma Net Income* increased 36.0% to $7.9 million from... More