The Habit Restaurants (HABT) Tops Q2 EPS by 5c

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

August 1, 2018 4:05 PM EDT

IRVINE, Calif., Aug. 01, 2018 (GLOBE NEWSWIRE) -- The Habit Restaurants, Inc. (NASDAQ: HABT) (The Habit or the Company), today announced financial results for its second quarter ended June 26, 2018.

Highlights for the second quarter ended June 26, 2018 include:

Total revenue increased 23.4% to $102.9 million compared to $83.3 million in the second quarter of 2017.Company-operated comparable restaurant sales increased 1.2% as compared to the second quarter of 2017.Net income was $2.1 million, or $0.10 per diluted weighted average share, compared to $1.1 million, or $0.05 per diluted weighted average share, in the second quarter of 2017.Adjusted fully distributed pro forma... More