The Habit Restaurants (HABT) Misses Q2 EPS by 1c

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The Habit Restaurants, Inc. Announces Second Quarter 2016 Financial Results

August 3, 2016 4:08 PM EDT

IRVINE, Calif., Aug. 03, 2016 (GLOBE NEWSWIRE) -- The Habit Restaurants, Inc. (NASDAQ: HABT) (The Habit or the Company), today announced financial results for its second quarter ended June 28, 2016.

Highlights for the second quarter ended June 28, 2016:

Total revenue was $71.1 million compared to $56.7 million in the second quarter of 2015.Company-operated comparable restaurant sales increased 4.0% as compared to the second quarter of 2015.Net income was $1.2 million, or $0.07 per diluted weighted average share compared to $0.7 million, or $0.05 per diluted weighted average share in the second quarter of 2015.Adjusted fully distributed pro forma net... More