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Fogo de Chão, Inc. Reports Preliminary Results for the Fiscal Third Quarter of 2017

FOGO DE CHAO (FOGO)  More Company Research Source: GlobeNewswire
Last fogo de chao earnings: 11/7 04:53 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.fogodechao.com/investor-overview
PDF DALLAS, Oct. 17, 2017 (GLOBE NEWSWIRE) -- Fogo de Chão, Inc. (“Fogo” or the “Company”) (NASDAQ:FOGO) today announced preliminary, unaudited financial results for its fiscal third quarter ended October 1, 2017. Third quarter 2017 financial results, on a preliminary, unaudited basis, are expected to include the following: Total revenue of approximately $71.4 million.  Total revenue in the quarter was negatively impacted by approximately $0.9 million as a result of hurricane activity;Consolidated comparable restaurant sales decreased 5.1%(1);U.S. company-owned comparable restaurant sales decreased 2.1%(1).  Excluding the impact of the hurricane activity during the quarter, U.S company-owned comparable restaurant sales decreased 1.4%;Brazil company-owned comparable restaurant sales decreased 17.1%.  Excluding the impact of the two Rio de Janeiro locations, Brazil company-owned comparable restaurant sales increased 3.0%.  The Rio de Janeiro locations’ results included lapping last year [Read more]

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