Wednesday, November 17, 2010

Bravo Brio Restaurant Group, Inc. Reports Financial Results for the Third Quarter 2010

 --  Revenues increased 8.9% to $83.7 million from $76.8 million
  --  Total comparable restaurant sales increased 1.1%
  --  Restaurant-level operating profit increased 3.1% to $14.4 million from
      $14.0 million. Excluding a non-recurring gain of $1.2 million recorded
      in the third quarter of 2009 related to the sale of a restaurant,
      restaurant-level operating profit increased 12.7%.
  --  GAAP net loss available to common shareholders of ($0.3) million, or
      ($0.04) per diluted share, compared to GAAP net income available to
      common shareholders of $0.5 million, or $0.07 per diluted share for the
      year-ago period.

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