Tuesday, April 27, 2010

Kona Grill, Inc. Reports First Quarter Results

SCOTTSDALE, Ariz., Apr 27, 2010 (GlobeNewswire via COMTEX) --Kona Grill, Inc. (Nasdaq:KONA), an American grill and sushi bar, today reported results for its first quarter ended March 31, 2010.


First Quarter 2010 Highlights Include:

-- Restaurant sales increased 8.2% to $21.1 million

-- Same-store sales decreased 2.5%

-- Restaurant operating profit margin of 12.6%

-- Net loss of $0.6 million, or $0.07 per share, excluding special charges

totaling $0.3 million

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