Kona Grill (KONA) Tops Q3 EPS by 1c

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Kona Grill Reports Third Quarter 2014 Results

October 28, 2014 4:01 PM EDT

- Same-Store Sales Increase 2.7% - - Strong New Restaurant Average Weekly Sales of $92,800 - - Six Additional Leases Signed for New Restaurant Development -

SCOTTSDALE, Ariz., Oct. 28, 2014 (GLOBE NEWSWIRE) -- Kona Grill, Inc. (Nasdaq: KONA), an American grill and sushi bar, reported financial results for the third quarter ended September 30, 2014. The Company also provided financial guidance for the fourth quarter of 2014 and a development update.

Third Quarter 2014 Highlights vs. Year-Ago Quarter

Restaurant sales increased 22.6% to $30.0 million. Same-store sales grew 2.7%. Sales at restaurants open... More