Miller Tabak Downgrades Bravo Brio Restaurant Group (BBRG) to Hold
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Bravo Brio Restaurant Group (BBRG) Misses Q2 EPS by 2c; Guides Lower
July 31, 2014 4:45 PM EDTBravo Brio Restaurant Group (NASDAQ: BBRG) reported Q2 EPS of $0.20, $0.02 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $105.6 million versus the consensus estimate of $107.9 million.
Bravo Brio Restaurant Group sees FY2014 EPS of $0.71-$0.75, versus prior guidance of $0.78-$0.84 and the consensus of $0.79. Bravo Brio Restaurant Group sees FY2014 revenue of $405-410 million, versus prior guidance of $420-430 million and the consensus of $422.8 million.
Saed Mohseni, Chief Executive Officer and President, said, "During the quarter, softness in retail spending and... More
