Diversified Restaurant Holdings Reports Second Quarter 2018 Results
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Diversified Restaurant Holdings (SAUC) Misses Q2 EPS by 3c
August 7, 2018 4:46 PM EDTDiversified Restaurant Holdings (NASDAQ: SAUC) reported Q2 EPS of ($0.04), $0.03 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $37 million versus the consensus estimate of $37 million.
Revenue totaled $37.0 millionSame-store sales declined 6.4%Net loss was $1.1 million or $0.04 per diluted shareRestaurant-level EBITDA(1) was $5.5 million, or 15.0% of salesAdjusted EBITDA(1) was $3.7 millionTotal debt of $108.2 million was down $5.8 million for... More