Bravo Brio Restaurant (BBRG) Misses Q3 EPS by 2c; Guides In-Line
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Bravo Brio Restaurant Group, Inc. Reports Third Quarter Financial Results
November 2, 2016 4:07 PM EDTCOLUMBUS, Ohio, Nov. 02, 2016 (GLOBE NEWSWIRE) -- Bravo Brio Restaurant Group, Inc. (NASDAQ: BBRG) (the Company) owner and operator of the BRAVO! Cucina Italiana (BRAVO!) and BRIO Tuscan Grille (BRIO) restaurant concepts, today reported financial results for the thirteen and thirty-nine week periods ended September 25, 2016.
Selected Third Quarter 2016 Highlights Compared to the Third Quarter 2015:
Revenues decreased 3.8% to $94.6 million from $98.3 million.Total comparable restaurant sales decreased 5.3%.Comparable restaurant sales decreased 8.0% at BRAVO! and 3.7% at BRIO.Restaurant-level operating profit decreased 37.8% to $7.9 million from $12.7... More