Papa Murphy's Holdings (FRSH) PT Lowered to $5 at Jefferies; Remains Sidelined
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Papa Murphy’s Holdings, Inc. Reports First Quarter 2017 Results
May 10, 2017 4:06 PM EDTAnnounces Closing of Denver Refranchising Transactions
Reiterates Full-Year EBITDA Outlook/Increases Full-Year Cash-Flow Outlook
VANCOUVER, Wash., May 10, 2017 (GLOBE NEWSWIRE) -- Papa Murphys Holdings, Inc. (NASDAQ: FRSH) today announced financial results for its first quarter ended April 3, 2017.
Key financial highlights for the first quarter of 2017 include the following:
Revenue was $32.0 million compared to $33.0 million in the first quarter of 2016.Domestic system comparable store sales decreased 5.0%, including a 4.5% decrease at domestic franchisee-owned stores and a 9.9% decrease at... More