The Habit Restaurants (HABT) Tops Q1 EPS by 2c, Offers Guidance

Go back to The Habit Restaurants (HABT) Tops Q1 EPS by 2c, Offers Guidance

The Habit Restaurants, Inc. Announces First Quarter 2019 Financial Results

May 1, 2019 4:06 PM EDT

IRVINE, Calif., May 01, 2019 (GLOBE NEWSWIRE) -- The Habit Restaurants, Inc. (NASDAQ: HABT) (The Habit or the Company), today announced financial results for its first quarter ended March 26, 2019.

Highlights for the first quarter ended March 26, 2019 include:

Total revenue increased 17.6% to $108.2 million compared to $91.9 million in the first quarter of 2018.Company-operated comparable restaurant sales increased 3.2% as compared to the first quarter of 2018.Net loss was $0.2 million, or $(0.01) per diluted weighted average share, compared to net income of $0.7 million, or $0.03 per diluted weighted average share, in the first quarter of 2018.Adjusted... More