Papa Murphy's (FRSH) Prelim. Q4 Results Top Consensus (Earlier)
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Papa Murphy’s Holdings, Inc. Announces Preliminary 2018 Fourth Quarter and Fiscal Year Results: Performance Better Than Guidance and Sales Trends Improving
February 4, 2019 4:05 PM ESTVANCOUVER, Wash., Feb. 04, 2019 (GLOBE NEWSWIRE) -- Papa Murphys Holdings, Inc. (NASDAQ: FRSH) today announced the following preliminary unaudited results for its fiscal fourth quarter and full fiscal year ended December 31, 2018.
The Company estimates that for the 13-week fourth quarter:
Total revenue will be approximately $32.0 million;Comparable store sales(1) decreased approximately 1.3%;Net income will be approximately $2.0 million, or $0.12 per diluted share;Pro-Forma Net Income(2) will be approximately $2.4 million, or $0.14 per diluted share; andAdjusted EBITDA(2) will be approximately $5.9 million.The... More
