Zoe's Kitchen, Inc. reported some encouraging third-quarter results today, including news that the brand just wrapped up its 27th consecutive quarter of same-store sales growth and has managed to double its system-wide size in just three years. The company also adjusted its outlook for fiscal year 2016.
Q3 highlights, for the period ending Oct. 5, include:
- 19.4 percent increase in total revenue to $67.3 million.
- 2.4 percent increase in comparable restaurant sales.
- 5.9 percent increase in restaurant contribution to $12.9 million or 19.1 percent of sales.
This is an excerpt only from this full article on FastCasual.com.