Kona Grill (KONA) Misses Q2 EPS by 3c; Trims FY16 Sales Outlook

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Kona Grill Reports Second Quarter 2016 Results

July 27, 2016 4:05 PM EDT

- Same-Store Sales Growth of 2.5% -

- Completes $10 Million Stock Buyback Plan; Slows Development Pace Beginning in 2017 to Increase Companys Earnings Power and Provide Greater Flexibility for Use of Capital -

- Revises 2016 Annual Guidance for Restaurant Sales and Adjusted EBITDA -

SCOTTSDALE, Ariz., July 27, 2016 (GLOBE NEWSWIRE) -- Kona Grill, Inc. (NASDAQ: KONA), an American grill and sushi bar, reported financial results for the second quarter ended June 30, 2016.  The Company also announced the completion of its $10 million stock... More