Famous Dave's of America (DAVE) Misses Q3 EPS by 9c
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Famous Dave’s Reports Results For Third Quarter Fiscal 2016
November 14, 2016 4:00 PM ESTMINNEAPOLIS, Nov. 14, 2016 (GLOBE NEWSWIRE) -- Famous Dave's of America, Inc. (NASDAQ: DAVE) today reported financial results for the third quarter ending October 2, 2016.
Highlights for the third quarter of 2016 as compared to the third quarter of 2015:
Comparable sales for Company-owned restaurants open 24 months or more decreased 1.0% compared to a decrease of 9.1% for the same period in 2015;Â Â Franchise royalty revenue remained flat at $4.3 million primarily reflecting a net new four franchise-operated restaurants since the end of the third quarter of fiscal 2015, completely offset by a comparable sales decrease of... More