Fogo de Chão, Inc. Reports Preliminary Results for the Fiscal Fourth Quarter of 2017
FOGO DE CHAO (FOGO)
Last fogo de chao earnings: 11/7 04:53 pm
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US:NASDAQ Investor Relations:
ir.fogodechao.com/investor-overview
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Source: GlobeNewswire
DALLAS, Jan. 08, 2018 (GLOBE NEWSWIRE) -- Fogo de Chão, Inc. (“Fogo” or the “Company”) (NASDAQ:FOGO) today announced preliminary, unaudited financial results for its fiscal fourth quarter ended December 31, 2017. Fourth quarter 2017 financial results, on a preliminary, unaudited basis, are expected to include the following: Total revenue of approximately $88.8 million;Consolidated comparable restaurant sales increased 0.8%; U.S. company-owned comparable restaurant sales increased 2.4%;Brazil company-owned comparable restaurant sales decreased 6.6%. “We are pleased with our results for the quarter as well as our fiscal year. We believe that our commitment to expand into different dayparts, giving customers price optionality as well as all-day value offerings has and will continue to be the main growth drivers of our business,” said Larry Johnson, Chief Executive Officer of Fogo de Chão, Inc. “The Company has successfully completed its 2017 development plan and the class is perf
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