Ignite Restaurant Group Reports Second Quarter 2016 Financial Results

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Ignite Restaurant Group (IRG) Misses Q2 EPS by 9c

August 4, 2016 9:26 AM EDT

Ignite Restaurant Group (NASDAQ: IRG) reported Q2 EPS of ($0.04), $0.09 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $130.8 million versus the consensus estimate of $137.44 million.

Comparable restaurant sales decreased 6.7% company-wide, comprised of a 6.8% decrease at Joes Crab Shack... More