Papa Murphy's (FRSH) Misses Q3 EPS by 8c

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Go back to Papa Murphy's (FRSH) Misses Q3 EPS by 8c

Papa Murphy’s Holdings, Inc. Reports Third Quarter 2016 Results

November 2, 2016 4:06 PM EDT

VANCOUVER, Wash., Nov. 02, 2016 (GLOBE NEWSWIRE) -- Papa Murphys Holdings, Inc. (NASDAQ: FRSH) today announced financial results for its third quarter ended September 26, 2016.

 Key financial highlights for the third quarter of 2016 include:

Revenue of $28.5 million, an increase of 1.4% compared to the third quarter of 2015.Domestic system comparable store sales decreased 5.8%, including a 5.6% decrease at domestic franchisee-owned stores and a 7.7% decrease at company-owned stores.Net loss was $421,000, or $(0.03) per diluted share, compared to net income of $1.12 million, or $0.07 per diluted share.Adjusted EBITDA(1) was... More