Chuy's Holdings (CHUY) Reports In-Line Q2 EPS, Lowers Outlook
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Chuy’s Holdings, Inc. Announces Second Quarter 2017 Financial Results
August 3, 2017 4:06 PM EDTAUSTIN, Texas--(BUSINESS WIRE)-- Chuys Holdings, Inc. (NASDAQ: CHUY) today announced financial results for the second quarter ended June 25, 2017.
Highlights for the second quarter ended June 25, 2017 were as follows:
Revenue increased 7.5% to $94.5 million from $87.9 million in the second quarter of 2016. Comparable restaurant sales decreased 1.0% as compared to the same period in 2016. Net income was $5.3 million, or $0.31 per diluted share, compared to $5.8 million, or $0.34 per diluted share, in the second quarter of 2016. Restaurant-level operating profit(1) was $18.1 million compared to $18.4 million in the second quarter of 2016. Three new restaurants... More