The Habit Restaurants (HABT) Tops Q1 EPS by 1c, Comps Up 0.9%, Offers FY Outlook
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The Habit Restaurants, Inc. Announces First Quarter 2017 Financial Results
May 3, 2017 4:06 PM EDTIRVINE, Calif., May 03, 2017 (GLOBE NEWSWIRE) -- The Habit Restaurants, Inc. (NASDAQ: HABT) (The Habit or the Company), today announced financial results for its first quarter ended March 28, 2017.
Highlights for the first quarter ended March 28, 2017:
Total revenue increased 17.4% to $78.6 million compared to $67.0 million in the first quarter of 2016.Company-operated comparable restaurant sales increased 0.9% as compared to the first quarter of 2016.Net income was $1.8 million, or $0.09 per diluted weighted average share, compared to $1.4 million, or $0.10 per diluted weighted average share, in the first quarter of 2016.Adjusted fully distributed pro forma net... More