Diversified Restaurant Holdings (SAUC) Misses Q3 EPS by 5c

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Go back to Diversified Restaurant Holdings (SAUC) Misses Q3 EPS by 5c

Diversified Restaurant Holdings Reports Third Quarter 2018 Results

November 6, 2018 4:15 PM EST

Early success with fall football campaign drives 1.6% increase in October same-store sales

SOUTHFIELD, Mich.--(BUSINESS WIRE)-- Diversified Restaurant Holdings, Inc. (Nasdaq: SAUC) ("DRH" or the "Company"), one of the largest franchisees for Buffalo Wild Wings® ("BWW") with 64 stores across five states, today announced results for its third quarter ended September30, 2018.

Third Quarter Information (from continuing operations)

Revenue totaled $37.5 million; Same-store sales declined 5.2% (down 3.6% excluding major 2017 boxing event) Net loss was $1.8 million or $0.06 per diluted share Restaurant-level EBITDA(1)... More