The Habit Restaurants (HABT) Reports In-Line Q1 EPS

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Go back to The Habit Restaurants (HABT) Reports In-Line Q1 EPS

The Habit Restaurants, Inc. Announces First Quarter 2018 Financial Results

May 2, 2018 4:05 PM EDT

IRVINE, Calif., May 02, 2018 (GLOBE NEWSWIRE) -- The Habit Restaurants, Inc. (NASDAQ: HABT) (The Habit or the Company), today announced financial results for its first quarter ended March 27, 2018.

Highlights for the first quarter ended March 27, 2018 include:

Total revenue increased 17.0% to $91.9 million compared to $78.6 million in the first quarter of 2017.Company-operated comparable restaurant sales decreased 1.4% as compared to the first quarter of 2017.Net income was $0.7 million, or $0.03 per diluted weighted average share, compared to $1.8 million, or $0.09 per diluted weighted average share, in the first quarter of 2017.Adjusted fully... More