Chanticleer (HOTR) Tops Q4 EPS by 1c

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Chanticleer Holdings Reports First Quarter Revenue Growth of 34%

May 17, 2016 7:00 AM EDT

CHARLOTTE, NC -- (Marketwired) -- 05/17/16 --

Chanticleer Holdings, Inc. (NASDAQ: HOTR) ("Chanticleer," or the "Company"), owner, operator and franchisor of multiple branded restaurants in the U.S. and abroad, today announced financial results for the first quarter ended March 31, 2016.

Mike Pruitt, Chairman and CEO of Chanticleer commented, "During the first quarter we achieved strong revenue growth and restaurant EBITDA increased 85% to $1 million. Our Better Burger business, which accounted for 48% of our sales up from 17% last year,... More