Bravo Brio Restaurant Group
The 10-second takeaway
For the quarter ended June 30 (Q2), Bravo Brio Restaurant Group missed estimates on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue increased slightly. GAAP earnings per share shrank.
Margins dropped across the board.
Bravo Brio Restaurant Group reported revenue of $105.6 million. The 10 analysts polled by S&P Capital IQ looked for sales of $109.4 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.22. The 10 earnings estimates compiled by S&P Capital IQ anticipated $0.26 per share. GAAP EPS of $0.22 for Q2 were 12% lower than the prior-year quarter's $0.25 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 17.0%, 110 basis points worse than the prior-year quarter. Operating margin was 6.2%, 100 basis points worse than the prior-year quarter. Net margin was 4.3%, 70 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $103.0 million. On the bottom line, the average EPS estimate is $0.17.
Next year's average estimate for revenue is $427.6 million. The average EPS estimate is $0.91.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 33 members out of 36 rating the stock outperform, and three members rating it underperform. Among 11 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 10 give Bravo Brio Restaurant Group a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Bravo Brio Restaurant Group is outperform, with an average price target of $19.86.
Does Bravo Brio Restaurant Group have what it takes to execute internationally? Take a look at some American restaurant concepts that are generating profits in all over the globe in, "3 American Companies Set to Dominate the World." It's free for a limited time. Click here for instant access to this free report.
- Add Bravo Brio Restaurant Group to My Watchlist.