The Habit Restaurants (HABT) Misses Q3 EPS by 1c; Guides Roughly In-line

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Go back to The Habit Restaurants (HABT) Misses Q3 EPS by 1c; Guides Roughly In-line

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

November 2, 2016 4:05 PM EDT

IRVINE, Calif., Nov. 02, 2016 (GLOBE NEWSWIRE) -- The Habit Restaurants, Inc. (NASDAQ: HABT) (The Habit or the Company), today announced financial results for its third quarter ended September 27, 2016.

Highlights for the third quarter ended September 27, 2016:

Total revenue increased 22.6% to $71.9 million compared to $58.6 million in the third quarter of 2015.Company-operated comparable restaurant sales increased 0.2% as compared to the third quarter of 2015.Net income was $0.8 million, or $0.04 per diluted weighted average share compared to $0.9 million, or $0.07 per diluted weighted average share in the third quarter of 2015.Adjusted fully... More