Zoe's Kitchen, Inc. (ZOES) Misses Q1 EPS by 13c; Guides Lower

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Go back to Zoe's Kitchen, Inc. (ZOES) Misses Q1 EPS by 13c; Guides Lower

Zoës Kitchen Announces First Quarter 2018 Results

May 24, 2018 4:05 PM EDT

PLANO, Texas--(BUSINESS WIRE)-- Zoe's Kitchen, Inc. ("Zoës Kitchen" or the "Company") (NYSE: ZOES) today reported financial results for the sixteen weeks ended April 16, 2018.

Results for the sixteen weeks ended April 16, 2018, as compared to the sixteen weeks ended April 17, 2017:

Total revenue increased 12.7% to $102.1 million. Comparable restaurant sales decreased 2.3%. 11 new Company-owned restaurants opened. Income from operations decreased from $1.7 million to a loss from operations of $1.8 million. Restaurant contribution* decreased 8.2% to $16.5 million, or 16.2% of restaurant... More