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Good Times chain considers further store closings as revenues slip

By Ed Sealover – Reporter, Denver Business Journal Aug 10, 2018 After closing two Good Times locations over the past six months, leaders of the Lakewood-based restaurant chain said Thursday that they will continue to examine whether to cease operations at other stores that are not profitable. The statement, made during the Good Times Restaurants Inc. (Nasdaq: GTIM) third-quarter earnings call, came despite the fact that the company s Good Times Burgers & Frozen Custard... Read More

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Dine Brands (DIN) Q2 Earnings Beat, Revenues Miss Estimates

Nice ongoing work from leadership at Dine Dine Brands Global, Inc. DIN reported better-than-expected earnings for the sixth straight quarter in the second quarter of 2018. However, the company s revenues fell short of the Zacks Consensus Estimate. Adjusted earnings were $1.03 per share, beating the consensus estimate of 94 cents. However, the bottom line decreased 20.8% from the prior-year quarter. The downturn is due to the company s lower segmental profits, which were partially... Read More

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Cheesecake Factory (CAKE) Misses Q2 Earnings Estimates

Cheesecake Factory (CAKE) just came out with quarterly earnings of $0.65 per share, missing the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.78 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -19.75%. A quarter ago, it was expected that this restaurant chain would post earnings of $0.68 per share when it actually produced earnings of $0.56, delivering a... Read More

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US Foods Reports Second Quarter Fiscal 2018 Earnings

ROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. ( USFD ), one of the largest foodservice distributors in the United States, today announced results for second quarter fiscal 2018. Second Quarter 2018 Highlights Total case volume decreased 0.9%; independent restaurant case volume increased 3.8% Net sales of $6.2 billion were flat compared to prior year Gross profit of $1.1 billion increased 5.7% Income before income taxes increased $76 million to $161 million Net income increased $61... Read More

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Bloomin' Brands (BLMN) Tops Q2 Earnings Estimates

Bloomin' Brands (BLMN) just came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 26.67%. A quarter ago, it was expected that this owner of Outback Steakhouse and other casual dining spots would post earnings of $0.58 per share when it... Read More

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Denny's Corporation Reports Results for Second Quarter 2018

SPARTANBURG, S.C., July 30, 2018 (GLOBE NEWSWIRE) -- Denny s Corporation ( DENN ), franchisor and operator of one of America's largest franchised full-service restaurant chains, today reported results for its second quarter ended June 27, 2018. Second Quarter 2018 Highlights Total Operating Revenue grew 18.0% to $157.3 million, primarily due to the benefit of revenue recognition changes. Domestic system-wide same-store sales** decreased 0.7%, including decreases of 0.1% at company restaurants and 0.8% at domestic... Read More

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Noodles and Co.'s Revenues Jumped 4.1%; Adjusted Earnings Surged 31.9%

Earnings Highlights and Summary For the second quarter of the fiscal year 2018, Noodles and Co.'s total revenues increased 4.1% to $117.4 million compared to $112.8 million in Q2 2017, primarily driven by an increase in comparable restaurant sales, but partially offset by the impact of restaurants closed since Q2 2017, most of which were approaching the expiration of their leases. The Company's revenue numbers beat analysts' estimates of $114.8 million. During Q2 2018, Noodles... Read More

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Starbucks Reports Record Q3 Fiscal 2018 Revenues and EPS

Q3: 07-12-18 Earnings Summary EPS of $0.62 beats by $0.01 Revenue of $6.31B (+ 11.5% Y/Y) beats by $60M Consolidated Net Revenues Up 11% to a Record $6.3 Billion; Comparable Store Sales Up 1% Globally and in the U.S. GAAP EPS of $0.61; Non-GAAP EPS of $0.62, Up 13% Year-Over-Year Active Starbucks ( SBUX ) Rewards TM Membership in the U.S. Increases 14% Year-Over-Year to 15.1 Million Cash Returned to Shareholders Exceeds $5 Billion Fiscal... Read More

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