Zoe's Kitchen, Inc. (ZOES) Misses Q4 EPS by 1c

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Zoës Kitchen Announces Fourth Quarter and Fiscal Year 2016 Results

February 23, 2017 4:05 PM EST

PLANO, Texas--(BUSINESS WIRE)-- Zoe's Kitchen, Inc. ("Zoës Kitchen" or the "Company") (NYSE: ZOES) today reported financial results for the twelve and fifty-two weeks ended December 26, 2016.

Highlights for the twelve weeks ended December 26, 2016, as compared to the twelve weeks ended December 28, 2015:

Total revenue increased 17.6% to $62.0 million. Comparable restaurant sales increased 0.7%. Seven new Company-owned restaurants opened. Restaurant contribution decreased 1.4% to $10.3 million. Net loss was $0.5 million, or $0.03 per basic and... More