Kona Grill (KONA) Misses Q3 EPS by 9c

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Go back to Kona Grill (KONA) Misses Q3 EPS by 9c

Kona Grill Reports Third Quarter 2016 Results

October 27, 2016 4:05 PM EDT

- Same-Store Sales Growth of 0.7% - - Board of Directors Authorizes $5 Million Stock Repurchase Plan -

SCOTTSDALE, Ariz., Oct. 27, 2016 (GLOBE NEWSWIRE) -- Kona Grill, Inc. (NASDAQ: KONA), an American grill and sushi bar, reported financial results for the third quarter ended September 30, 2016.  The Company also revised its 2016 annual guidance, reconfirmed its intention to generate positive earnings in 2017, and announced that its Board of Directors has authorized a $5 million stock repurchase program.

Third Quarter 2016 Highlights vs. Year-Ago Quarter

Restaurant sales increased 20.7%... More