Fogo de Chao (FOGO) Tops Q4 EPS by 1c

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Fogo de Chão, Inc. Reports Fourth Quarter and Fiscal Year 2016 Results

March 14, 2017 4:05 PM EDT

DALLAS, March 14, 2017 (GLOBE NEWSWIRE) -- Fogo de Chão, Inc. (NASDAQ: FOGO) today reported financial results for its 13-week fiscal fourth quarter and 52-week fiscal year ended January 1, 2017.

Key Highlights for the Fourth Quarter of 2016 compared to the Fourth Quarter of 2015 Include:

Total revenue of $80.9 million increased 4.4% on a reported basis and 11.2% on a constant currency basis(1) excluding the benefit of incremental revenue attributable to the extra week in Fiscal 2015.GAAP net income was $7.7 million, or $0.27 per diluted share.Adjusted net income(2) was... More