Famous Dave's of America (DAVE) Misses Q1 EPS by 4c
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Famous Dave's Reports Results For First Quarter Fiscal 2015
May 6, 2015 8:01 AM EDTMINNEAPOLIS, May 6, 2015 (GLOBE NEWSWIRE) -- Famous Dave's of America, Inc. (Nasdaq: DAVE) today reported financial results for the first quarter ending March 29, 2015.
Highlights for the first quarter of 2015 as compared to the first quarter of 2014:
Company revenue decreased from $35.7 million to $32.6 million, primarily reflecting the combined impact of the closure of four Company-owned restaurants since the end of the first quarter 2014 and a comparable sales decrease; Comparable sales for Company-owned restaurants open 24 months or more decreased 4.9% compared to a decrease of 4.9% for the same period in 2014. Comparable sales for... More