Famous Dave's of America (DAVE) Tops Q2 EPS by 5c
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Famous Dave’s Reports Results For Second Quarter Fiscal 2016
August 15, 2016 4:00 PM EDTMINNEAPOLIS, Aug. 15, 2016 (GLOBE NEWSWIRE) -- Famous Dave's of America, Inc. (NASDAQ: DAVE) today reported financial results for the second quarter ending July 3, 2016.
Highlights for the second quarter of 2016 as compared to the second quarter of 2015:
Comparable sales for Company-owned restaurants open 24 months or more decreased 6.4% compared to a decrease of 10.8% for the same period in 2015;Â Â Franchise royalty revenue increased slightly from $4.6 million to $4.7 million primarily reflecting the refranchising of the seven Chicago restaurants late in the first quarter 2016, partially offset by a comparable sales decrease of... More