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Stock impact report

More on Famous Dave's of America Q1 results [Seeking Alpha]

Dave Inc. - Class A (DAVE) 
Last dave inc. - class a earnings: 11/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.famousdaves.com
Company Research Source: Seeking Alpha
More on Famous Dave's of America Q1 resultsFamous Dave's of America (DAVE-1.9%)reported Q1 revenue decrease by 24.3% Y/Y to $12.8M of which; Restaurant sales were $8.7M (-32.6% Y/Y); Franchise royalty & fee of $3.1M (-8.1% Y/Y); Franchisee national advertising fund contributions $0.5M & Licensing & other revenue of $0.3M (+17.1% Y/Y).Company-owned comparable restaurant sales increased 5.2%, with traffic up 5.3% whereas, Franchise-operated comparable restaurant sales declined 1.6%.Adj. EBITDAimproved 1,169 bps to 14.1%; Restaurant level operating margin was -0.5%.Q1 overall expenses: Food & beverage costs increased 170 bps to 32.1%; Labor & benefits costs declined 40 bps to 36.7%; Operating expenses increased 90 bps to 32.6% & General & administrative declined 1,220 bps to 14.6%.System-wide restaurant sales were $87,166 (-13.2% Y/Y).Total Restaurant count of 152 (-12.1% Y/Y) where Franchise-operated were 136 (-1.4% Y/Y) & Company-owned were 16 (-54.3% Y/Y).Previously:Famous Dave's of A Show less Read more
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