Zoës Kitchen Announces First Quarter 2016 Results

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Jefferies Raises Price Target on Zoe's Kitchen (ZOES) to $35 Following 1Q Report

June 1, 2016 8:58 AM EDT

Jefferies reiterated a Hold rating on Zoe's Kitchen (NYSE: ZOES), and raised the price target to $35.00 (from $30.00), following the company's 1Q earnings report. Total revenue grew 28% y/y led by stronger than expected SSS of +8.1%, which was well above the consensus expectations of 4.8%.... More