BBQ Holdings Inc. (BBQ) Reports Q1 EPS of $0.08

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BBQ Holdings, Inc. Reports Results for First Quarter 2021

May 19, 2021 4:22 PM EDT

Updates Revenue and Earnings Guidance for 2021

MINNEAPOLIS, May 19, 2021 (GLOBE NEWSWIRE) -- BBQ Holdings, Inc. (NASDAQ: BBQ) (the Company), an innovating global owner and operator of restaurants, today reported financial results for the first fiscal quarter ended April 4, 2021.

First Quarter 2021 Highlights:

Adjusted EBITDA, a non-GAAP measure, was $3.1mm which includes $0.4mm of COVID-related expenses vs a loss of $.4mm Q1 last year.Net income of $799,000.Company-owned Famous Daves 2021 first quarter same store net sales increased 17.7% compared to 2020.Franchise-operated... More