Fogo de Chao (FOGO) PT Raised to $15 at Deutsche Bank
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Fogo de Chão, Inc. Reports Fourth Quarter and Fiscal Year 2016 Results
March 14, 2017 4:05 PM EDTDALLAS, 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... MoreFogo de Chão Rolls Out Largest U.S. Bar Menu Innovation To-Date
March 14, 2017 11:37 AM EDTDALLAS, March 14, 2017 (GLOBE NEWSWIRE) -- Today Fogo de Chão debuts three significant menu enhancements, taking guests on a captivating culinary adventure through Southern Brazil without leaving the comfort of their table or bar seats. As part of the Brazilian steakhouses largest bar innovation since it arrived stateside nearly 20 years ago, Bar Fogo a casual alternative for guests looking to enjoy the Brazilian art of churrasco now features an... More
