Bravo Brio Restaurant (BBRG) Misses Q2 EPS by 18c, Slashes FY Guidance
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Bravo Brio Restaurant Group, Inc. Reports Second Quarter Financial Results
August 3, 2016 4:07 PM EDTCOLUMBUS, Ohio, Aug. 03, 2016 (GLOBE NEWSWIRE) -- Bravo Brio Restaurant Group, Inc. (NASDAQ: BBRG) (the Company) owner and operator of the BRAVO! Cucina Italiana (BRAVO!) and BRIO Tuscan Grille (BRIO) restaurant concepts, today reported financial results for the thirteen and twenty-six week periods ended June 26, 2016. The Company also revised its outlook for the full year 2016.
Selected Second Quarter 2016 Highlights Compared to the Second Quarter 2015:
Revenues decreased 4.6% to $105.2 million from $110.2 million.Total comparable restaurant sales decreased 7.1%.Comparable restaurant sales decreased 8.4% at BRAVO! and 6.4% at... More