Bravo Brio Restaurant Group, Inc. Reports Third Quarter Financial Results
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Bravo Brio Restaurant Group (BBRG) PT Lowered to $2.50 at Jefferies; Remains Sidelined
November 2, 2017 9:43 AM EDTJefferies lowered its price target on Bravo Brio Restaurant Group (NASDAQ: BBRG) to $2.50 (from $3.75) while maintaining a Hold rating following the company's 3Q. 3Q EPS was in line but -5.7% came in SSS softer than expected on weak traffic.
Storms disproportionately impacted Brio... More
Bravo Brio Restaurant (BBRG) Reports In-Line Q3 EPS
November 1, 2017 4:07 PM EDTBravo Brio Restaurant (NASDAQ: BBRG) reported Q3 EPS of ($0.16), in-line with the analyst estimate of ($0.16). Revenue for the quarter came in at $88.7 million versus the consensus estimate of $91.65 million.
Restaurant-level operating profit increased 11.8% to $8.8 million from $7.9 million.GAAP net loss was... More