Bravo Brio Restaurant Group (BBRG) Releases Earnings Results, Misses Expectations By $-0.18 EPS

Bravo Brio Restaurant Group (BBRG) reported quarterly earnings results on Wednesday, Aug-3-2016. The company reported $0.06 earnings per share for the quarter, missing the analyst consensus estimate by $-0.18. Analysts had a consensus of $0.24. The company posted revenue of $105.21 million in the period, compared to analysts expectations of $111.31 million. The company’s revenue was down -4.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS.

Bravo Brio Restaurant Group closed down -0.02 points or -0.24% at $8.16 with 1,23,850 shares getting traded on Tusday. Post opening the session at $8.17, the shares hit an intraday low of $8.15 and an intraday high of $8.2 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.

In a different news, on Jun 13, 2016, Jason D. Siegler (Vice President) sold 1,000 shares at $8.00 per share price. According to the SEC, on Nov 12, 2015, James S Gulmi (director) purchased 1,000 shares at $10.11 per share price.

Bravo Brio Restaurant Group Inc. is the owner and operator of two Italian restaurant brands BRAVO! Cucina Italiana (BRAVO!) and BRIO Tuscan Grille (BRIO). BRAVO! Cucina Italiana is a full-service Italian restaurant offering a range of Italian food. BRIO Tuscan Grille is an Italian chophouse restaurant serving northern Italian food in a Tuscan villa atmosphere. As of December 28 2014 the Company operated 111 restaurants in 33 states of the United States. As of December 28 2014 the Company leased 106 operating locations owned four locations and operated one location under a management agreement of which 97 were located adjacent to or in lifestyle centers and shopping malls and 14 were free-standing units. The Company also operates an American-French bistro restaurant under the Bon Vie brand.

Bravo Brio Restaurant Group

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