Famous Dave's of America (DAVE) Tops Q2 EPS by 5c

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Go back to Famous Dave's of America (DAVE) Tops Q2 EPS by 5c

Famous Dave’s of America, Inc. Reports Results for Second Quarter of Fiscal 2018

August 13, 2018 4:00 PM EDT

MINNEAPOLIS, Aug. 13, 2018 (GLOBE NEWSWIRE) -- Famous Dave's of America, Inc. (NASDAQ: DAVE) today reported financial results for the second fiscal quarter ended July 1, 2018 compared to the second fiscal quarter ended July 2, 2017.

Highlights for the second quarter of 2018 include the following:

Net income from continuing operations of $1.4 million, or $0.16 per share, compared to net loss from continuing operations of $1.6 million, or ($0.24) per share in the prior year.Consolidated Adjusted EBITDA, a non-GAAP measure, increased 5.5% to $2.7 million.General and administrative expenses decreased to $2.1 million from $3.5... More