Kona Grill Releases Preliminary First Quarter 2009 Results

Kona Grill, Inc. (Nasdaq: KONA), an American grill and sushi bar, today released preliminary results for its first quarter ended March 31, 2009.

For the first quarter of 2009, preliminary restaurant sales increased 7.5% to $19.5 million from $18.1 million a year-ago. The growth in restaurant sales reflects additional revenues from four restaurants opened since June 2008. Comparable restaurant sales decreased approximately 9.6% compared to a 2.4% decrease in the prior year period. The Company had previously guided to restaurant sales of $18.3 million to $19.3 million for the three-month period.

Published: 13 April 2009
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Darden Restaurants Reports Third Quarter Diluted Net Earnings Per Share; Announces Quarterly Dividend of 20 Cents Per Share and More Favorable Fiscal 2009 Earnings Outlook

Darden Restaurants, Inc. (NYSE: DRI - News) today reported sales and diluted net earnings per share for the third quarter ended February 22, 2009. In the third quarter, diluted net earnings per share from continuing operations were 78 cents, a decrease of 2.5%, versus 80 cents in the prior year. The Company estimates that integration costs and purchase accounting adjustments related to the October 2007 acquisition of RARE Hospitality International, Inc. (RARE) reduced diluted net earnings per share by approximately two cents in the third quarter of the current fiscal year. Excluding the estimated integration costs and purchase accounting adjustments of approximately two cents, net earnings from continuing operations were 80 cents per diluted share in the third quarter. This compares to net earnings from continuing operations of 85 cents per diluted share in the third quarter of last year excluding estimated integration costs and purchase accounting adjustments of approximately five cents.

Published: 18 March 2009
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BJs Restaurants, Inc. Reports Financial Results for the Fourth Quarter and Fiscal Year of 2008

-BJ’s Restaurants, Inc. (NASDAQ: BJRI) today reported financial results for the fourth quarter and fiscal year 2008 that ended on Tuesday, December 30, 2008.

Compared to the same quarter of the prior year, total revenues for the fourth quarter of fiscal 2008 increased approximately 16.5% to $99.3 million. Comparable restaurant sales decreased by 0.7% during the fourth quarter compared to an increase of 4.9% for the same quarter last year. Net income and diluted net income per share for the fourth quarter were $2.3 million and $0.08, respectively. As previously announced in our press release on January 8, 2009, fourth quarter results include $2.1 million of pre-tax charges related to accrued compensation and related benefits from the December 2008 departure of the Company’s two co-founders and estimated costs to settle two California employment practices lawsuits that have been outstanding since 2004 and 2005.

Published: 13 February 2009
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Buffalo Wild Wings, Inc. Announces Fourth Quarter 2008 Results

Same-store sales increases of 4.5% at company-owned and 2.5% at franchised restaurants; Earnings per diluted share increaseMINNEAPOLIS--(BUSINESS WIRE)--Buffalo Wild Wings, Inc. (NASDAQ: BWLD), announced today financial results for the fourth quarter ended December 28, 2008. Highlights for the fourth quarter versus the same period a year ago were: of 26.5% to $0.43

Buffalo Wild Wings, Inc. (NASDAQ: BWLD), announced today financial results for the fourth quarter ended December 28, 2008. Highlights for the fourth quarter versus the same period a year ago were:
  • Total revenue increased 32.6% to $121.2 million
  • Company-owned restaurant sales grew 35.7% to $109.8 million
Published: 12 February 2009
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A&W Revenue Royalties Income Fund announces strong 2008 fourth quarter and year end results 

Highlights
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- Same store sales grow 7.5% in fourth quarter, 7.3% in 2008
- Royalty income increases 11.2% to $21.3 million - Distributable cash(1) increases 11.2% to $20.3 million 

A&W Revenue Royalties Income Fund (TSX:AW.UN) (the Fund) today reported strong financial results for the fourth quarter and year ended December 31, 2008 reflecting increased sales from the national chain of A&W quick service restaurants.

Despite the Canadian economy entering a serious slowdown in 2008, A&W restaurants achieved same store sales growth of 7.5% during the fourth quarter of 2008 and 7.3% growth for the full year. Total fourth quarter 2008 sales for A&W restaurants in the Royalty Pool increased 12.9% to $233 million. Total sales for 2008 increased 11.2% to $710.5 million.

Published: 03 February 2009
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