The Habit Restaurants, Inc. Announces First Quarter 2019 Financial Results
HABIT RESTAURANTS INC (HABT)
Last habit restaurants inc earnings: 3/12 04:02 pm
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US:NASDAQ Investor Relations:
ir.habitburger.com
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Source: GlobeNewswire
IRVINE, Calif., May 01, 2019 (GLOBE NEWSWIRE) -- The Habit Restaurants, Inc. (NASDAQ: HABT) (“The Habit” or the “Company”), today announced financial results for its first quarter ended March 26, 2019. Highlights for the first quarter ended March 26, 2019 include: Total revenue increased 17.6% to $108.2 million compared to $91.9 million in the first quarter of 2018.Company-operated comparable restaurant sales increased 3.2% as compared to the first quarter of 2018.Net loss was $0.2 million, or $(0.01) per diluted weighted average share, compared to net income of $0.7 million, or $0.03 per diluted weighted average share, in the first quarter of 2018.Adjusted fully distributed pro forma net loss was $0.2 million, or $(0.01) per fully distributed weighted average share compared to net income of $0.2 million, or $0.01 per fully distributed weighted average share for the first quarter of 2018.Adjusted EBITDA was $7.7 million compared to $7.6 million for the first quarter of 2018.The Co
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