Famous Dave's of America (DAVE) reported quarterly earnings results on Monday, Aug-15-2016. The company said it had a profit of $0.17 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.05. Analysts had a consensus of $0.12. The company posted revenue of $28.04 million in the period, compared to analysts expectations of $28.70 million. The company’s revenue was down -14.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.18 EPS.
Famous Dave's of America closed down -0.1 points or -1.69% at $5.81 with 22,458 shares getting traded on Friday. Post opening the session at $5.95, the shares hit an intraday low of $5.76 and an intraday high of $6.01 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
In a different news, on Mar 16, 2015, Richard A. Pawlowski (CFO) purchased 1,959 shares at $30.77 per share price. According to the SEC, on Mar 13, 2015, Edward H Rensi (CEO) purchased 2,450 shares at $30.47 per share price.
Famous Dave’s of America Inc. owns operates and franchises restaurants. The Company’s menu focuses on smoked barbequed grilled meats entree items and side dishes which are prepared using seasonings sauces and mixes. As of December 28 2014 there were 189 Famous Dave’s restaurants operating in 34 states the Commonwealth of Puerto Rico and Canada including 50 Company-owned restaurants and 139 franchise-operated restaurants. As of December 28 2014 43 of its Company-owned restaurants were full-service and seven were counter-service. The Company’s prototypical design includes elements such as a designated bar a signature exterior smokestack a separate entrance for its To Go business and a patio (where available).