Famous Dave's of America (DAVE) Misses Q2 EPS by 8c
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Famous Dave's Reports Results for Second Quarter Fiscal 2015
August 5, 2015 8:09 AM EDTMINNEAPOLIS, Aug. 5, 2015 (GLOBE NEWSWIRE) -- Famous Dave's of America, Inc. (NASDAQ: DAVE) today reported financial results for the second quarter ending June 28, 2015.
Highlights for the second quarter of 2015 as compared to the second quarter of 2014:
Revenue decreased from $41.9 million to $37.4 million, primarily reflecting the combined impact of the closure of three Company-owned restaurants since the end of the second quarter 2014 and a comparable sales decrease of 9.2%; Comparable sales for Company-owned restaurants open 24 months or more decreased 9.2% compared to a decrease of 5.2% for the same period in 2014; Franchise... MoreFamous Dave's Reports Results for Second Quarter Fiscal 2015
August 5, 2015 8:09 AM EDTMINNEAPOLIS, Aug. 5, 2015 (GLOBE NEWSWIRE) -- Famous Dave's of America, Inc. (NASDAQ: DAVE) today reported financial results for the second quarter ending June 28, 2015.
Highlights for the second quarter of 2015 as compared to the second quarter of 2014:
Revenue decreased from $41.9 million to $37.4 million, primarily reflecting the combined impact of the closure of three Company-owned restaurants since the end of the second quarter 2014 and a comparable sales decrease of 9.2%; Comparable sales for Company-owned restaurants open 24 months or more decreased 9.2% compared to a decrease of 5.2% for the same period in 2014; Franchise... MoreFamous Dave's of America, Inc. Announces the Appointment of Abe Ruiz as Chief Operating Officer
August 5, 2015 7:59 AM EDTMINNEAPOLIS, Aug. 5, 2015 (GLOBE NEWSWIRE) -- Famous Dave's of America, Inc. (Nasdaq: DAVE) today announced the appointment of Abelardo ("Abe") Ruiz as the Company's Chief Operating Officer. Abe was previously employed as Chief Operating Officer of Colon Gerena Restaurant Group, Famous Dave's franchise partner in Puerto Rico. Colon Gerena owns and operates a total of 106 locations across 6 different franchised restaurant brands.
"Abe successfully led the development of Famous Dave's in Puerto Rico, where he opened two of our highest volume franchised restaurants.... More
Famous Dave's of America, Inc. Announces the Appointment of Abe Ruiz as Chief Operating Officer
August 5, 2015 7:59 AM EDTMINNEAPOLIS, Aug. 5, 2015 (GLOBE NEWSWIRE) -- Famous Dave's of America, Inc. (Nasdaq: DAVE) today announced the appointment of Abelardo ("Abe") Ruiz as the Company's Chief Operating Officer. Abe was previously employed as Chief Operating Officer of Colon Gerena Restaurant Group, Famous Dave's franchise partner in Puerto Rico. Colon Gerena owns and operates a total of 106 locations across 6 different franchised restaurant brands.
"Abe successfully led the development of Famous Dave's in Puerto Rico, where he opened two of our highest volume franchised restaurants.... More
