Habit Restaurants (HABT) PT Lowered to $13 at Cowen
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The Habit Restaurants, Inc. Announces Fourth Quarter and Fiscal Year 2018 Financial Results
February 28, 2019 4:06 PM ESTIRVINE, Calif., Feb. 28, 2019 (GLOBE NEWSWIRE) -- The Habit Restaurants, Inc. (NASDAQ: HABT) (The Habit or the Company), today announced financial results for its fourth quarter and fiscal year ended December 25, 2018.
Highlights for the fourth quarter ended December 25, 2018 include:
Total revenue increased 21.0% to $102.7 million compared to $84.8 million in the fourth quarter of 2017.Company-operated comparable restaurant sales increased 2.4% as compared to the fourth quarter of 2017.Net income was $0.7 million, or $0.03 per diluted weighted average share, compared to a net loss of $6.4 million, or $(0.31) per diluted weighted average share, in the fourth quarter... More