Chanticleer Holdings Reports Operating Results for the Quarter Ended March 31, 2019
CHANTICLEER HOLDINGS INC (BURG)
Last chanticleer holdings inc earnings: 11/14 04:00 pm
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US:NASDAQ Investor Relations:
chanticleerholdings.com/investor-relations
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Source: GlobeNewswire
CHARLOTTE, N.C., May 15, 2019 (GLOBE NEWSWIRE) -- Chanticleer Holdings, Inc. (NASDAQ: BURG) (“Chanticleer,” or the “Company”), owner, operator and franchisor of multiple branded restaurants in the U.S. and abroad, today announced financial results for the quarter ended March 31, 2019. Financial Highlights for the Quarter Ended March 31, 2019 Revenue for the year was $10.2 million in the first quarter of 2019 compared with $10.0 million in the first quarter of 2018.Cost of sales as a percentage of restaurant sales improved to 33.1% in the first quarter of 2019 compared to 33.5% in the first quarter of 2018.Operating loss was $1.7 million in the first quarter of 2019 compared to $2.4 million in the first quarter of 2018.Net loss attributable to Common Shareholders was $1.9 million, ($0.51) per share in the first quarter of 2019, compared to net loss of $2.6 million, ($0.83) per share in the first quarter of 2018.Non-GAAP Restaurant EBITDA was $560,000 in the first quarter of 2019 co
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