Famous Dave's of America (DAVE) Reports Q1 EPS of $0.13
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Famous Dave’s of America, Inc. Reports Results for First Quarter of Fiscal 2018
May 14, 2018 4:00 PM EDTMINNEAPOLIS, May 14, 2018 (GLOBE NEWSWIRE) -- Famous Dave's of America, Inc. (NASDAQ: DAVE) today reported financial results for the first fiscal quarter ended April 1, 2018 compared to the first fiscal quarter ended April 2, 2017.
Highlights for the first fiscal quarter of 2018 include the following:
Net income from continuing operations was $998,000, or $0.13 per share, compared to net loss from continuing operations of $1.4 million, or ($0.21) per share in the prior year.Consolidated adjusted EBITDA, a non-GAAP measure, increased 394% to $1.8 million. See Non-GAAP Reconciliation below.Company-owned comparable restaurant sales increased 5.2%, with traffic up... More