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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Showing posts with label Kona Grill. Show all posts
Showing posts with label Kona Grill. Show all posts
Tuesday, April 27, 2010
Thursday, April 8, 2010
Same-Store Sales Down but Improved at Kona Grill
PRESS RELEASE: SCOTTSDALE, Ariz., April 8, 2010 (GLOBE NEWSWIRE) -- Kona Grill, Inc. (Nasdaq:KONA), an American grill and sushi bar, today released preliminary sales results for its first quarter ended March 31, 2010.
For the first quarter of 2010, restaurant sales increased 8.2% to $21.1 million from $19.5 million a year-ago, including a decline in comparable restaurant sales of approximately 2.5%. During its fourth quarter conference call, the Company had previously guided to restaurant sales of $19.4 million to $20.4 million for the first quarter. The quarterly comparable restaurant sales decrease of 2.5% compares to a 9.6% decrease in the prior year period and an 8.1% decrease during the fourth quarter of 2009.
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For the first quarter of 2010, restaurant sales increased 8.2% to $21.1 million from $19.5 million a year-ago, including a decline in comparable restaurant sales of approximately 2.5%. During its fourth quarter conference call, the Company had previously guided to restaurant sales of $19.4 million to $20.4 million for the first quarter. The quarterly comparable restaurant sales decrease of 2.5% compares to a 9.6% decrease in the prior year period and an 8.1% decrease during the fourth quarter of 2009.
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Wednesday, February 10, 2010
Kona Grill, Inc. Reports Fourth Quarter and Full Year 2009 Results
SCOTTSDALE, Ariz., Feb 10, 2010 (GlobeNewswire via COMTEX) -- Kona Grill, Inc. (Nasdaq:KONA), an American grill and sushi bar, today reported results for its fourth quarter and full year ended December 31, 2009.
Fourth Quarter 2009 Highlights Include:
-- Opened restaurant in Tampa, FL
-- Restaurant sales increased 7.7% to $20.0 million
-- Same-store sales decreased 8.1%
-- Restaurant operating profit margin of 10.3%
-- Net loss on a GAAP basis of $19.2 million, or $2.10 per share, including asset impairment and special charges totaling $17.6 million
-- Net loss of $1.6 million, or $0.18 per share, excluding these aforementioned asset impairment and special charges
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Fourth Quarter 2009 Highlights Include:
-- Opened restaurant in Tampa, FL
-- Restaurant sales increased 7.7% to $20.0 million
-- Same-store sales decreased 8.1%
-- Restaurant operating profit margin of 10.3%
-- Net loss on a GAAP basis of $19.2 million, or $2.10 per share, including asset impairment and special charges totaling $17.6 million
-- Net loss of $1.6 million, or $0.18 per share, excluding these aforementioned asset impairment and special charges
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Friday, November 20, 2009
Kona Grill, Inc. Announces the Resignation of Mark L. Bartholomay
SCOTTSDALE, Ariz., Nov. 20, 2009 (GLOBE NEWSWIRE) -- Kona Grill, Inc. (Nasdaq:KONA - News), an American grill and sushi bar, today accepted the resignation of Mark L. Bartholomay as the Company's Chief Operating Officer. Mr. Bartholomay is leaving Kona Grill to pursue other business and personal interests, effective immediately.
"On behalf of the board of directors, management team, and the entire organization, I want to thank Mark for his dedication and many contributions to Kona Grill over the past few years. We wish him the best in his future endeavors," said Tony Winczewski, Director and Chairman of the Nominating Committee of the Board of Directors.
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"On behalf of the board of directors, management team, and the entire organization, I want to thank Mark for his dedication and many contributions to Kona Grill over the past few years. We wish him the best in his future endeavors," said Tony Winczewski, Director and Chairman of the Nominating Committee of the Board of Directors.
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Wednesday, October 28, 2009
Kona Grill Reports Third Quarter Results
"Our third quarter results reflect today's challenging consumer environment. While our industry continues to go through one of the toughest times in recent memory, we are committed to operating our restaurants while remaining focused on our long term goals. We continue to make progress on several operational initiatives and remain focused on driving guest traffic and providing a memorable guest experience. We are focused on those items we can control, and we expect these efforts will ultimately materialize into top and bottom line results as the economy improves," said Mark L. Bartholomay, Interim Chief Executive Officer of Kona Grill.
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Wednesday, July 29, 2009
Kona Grill Reports Second Quarter Results
SCOTTSDALE, Ariz., July 28, 2009 (GLOBE NEWSWIRE) -- Kona Grill, Inc. (Nasdaq:KONA), an American grill and sushi bar, today reported results for its second quarter ended June 30, 2009.
Second Quarter 2009 Highlights Include:
* Opened restaurant in Woodbridge, New Jersey
* Restaurant sales increased 9.1% to $21.5 million
* Same-store sales decreased 9.5%
* Restaurant operating profit margin of 18.4%
Read more:
http://phx.corporate-ir.net/phoenix.zhtml?c=191864&p=irol-newsArticle&ID=1313153&highlight=
Second Quarter 2009 Highlights Include:
* Opened restaurant in Woodbridge, New Jersey
* Restaurant sales increased 9.1% to $21.5 million
* Same-store sales decreased 9.5%
* Restaurant operating profit margin of 18.4%
Read more:
http://phx.corporate-ir.net/phoenix.zhtml?c=191864&p=irol-newsArticle&ID=1313153&highlight=
