Bob Evans Farms (BOBE) Tops Q1 EPS by 4c; Comps Fell 4.3%
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Bob Evans Reports Fiscal 2017 First-Quarter Results and Raises Fiscal 2017 EPS Guidance
August 31, 2016 7:00 AM EDTQ1 2017 net sales total $306.3 million; GAAP net income of $0.46 per diluted share, non-GAAP net income(1) of $0.48 per diluted share BEF Foods reports Q1 side-dish and sausage volume growth of 12.5 percent and 4.9 percent, respectively. Side-dish manufacturing facility expansion complete and ready to support continued volume gains, particularly in West Coast growth markets Bob Evans Restaurants Q1 same-store sales decline 4.3 percent, Q2-to-date same-store sales declines through August 29, moderate to -2.0 percent, following hospitality and food quality improvements. Comprehensive menu redesign launches system-wide September 1 Company raises... More
