Fogo de Chao (FOGO) Reports In-Line Q1 EPS
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Fogo de Chão, Inc. Reports First Quarter 2017 Results
May 8, 2017 4:01 PM EDTDALLAS, May 08, 2017 (GLOBE NEWSWIRE) -- Fogo de Chão, Inc. (NASDAQ: FOGO) today reported financial results for its 13-week fiscal first quarter ended April 2, 2017.
Key Highlights for the First Quarter of 2017 compared to the First Quarter of 2016 Include:
Total revenue of $76.4 million, which represents 10.9% year-over-year growth on a reported basis and 7.9% growth on a constant currency basis(1).Consolidated comparable restaurant sales increased 0.3%.U.S. comparable restaurant sales increased 0.9% on a 0.8% increase in traffic.GAAP net income was $5.0 million, or $0.17 per diluted... More