Zoe's Kitchen (ZOES) Tops Q3 EPS by 2c, Updates FY Guidance
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Zoës Kitchen Announces Third Quarter 2015 Results
November 19, 2015 4:05 PM ESTPLANO, Texas--(BUSINESS WIRE)-- Zoe's Kitchen, Inc. ("Zoës Kitchen" or the "Company") (NYSE: ZOES) today reported financial results for the twelve and forty weeks ended October 5, 2015.
Highlights for the twelve weeks ended October 5, 2015, as compared to the twelve weeks ended October 6, 2014:
Total revenue increased 29.4% to $56.4 million. Comparable restaurant sales increased 4.5%. 10 new Company-owned restaurants opened. Restaurant contribution increased 41.0% to $12.2 million. Adjusted EBITDA* increased 33.8% to $6.2 million.... More