Fogo de Chao (FOGO) Misses Q2 EPS by 3c, Offers Outlook
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Fogo de Chão, Inc. Reports Second Quarter 2016 Results
August 9, 2016 4:08 PM EDTDALLAS, Aug. 09, 2016 (GLOBE NEWSWIRE) -- Fogo de Chão, Inc. (NASDAQ: FOGO) today reported financial results for its 13-week fiscal second quarter ended July 3, 2016.
Key Highlights for the Second Quarter of 2016 Include:
Total revenue was $69.6 million for the 13-week quarter ending July 3, 2016, which represents 2.0% growth over the same quarter last year or 4.2% growth on a constant currency basis(1).Company-owned comparable restaurant sales decreased 1.6% on a constant currency basis.GAAP net income was $6.2 million compared to $2.5 million in the second quarter of... More