Posted On: 06/03/2014 6:48:05 AM
Post# of 63750
Papa Murphy's $FRSH
Website
5/22/14 news release
Key highlights for the first quarter of 2014 compared to the first
quarter of 2013 include:
Total revenues were $25.1 million compared to $19.6 million.
Excluding $1.8 million of revenues in the first quarter of 2014
related to the re-sale of point of sale licenses to franchisees
at cost, revenue increased 18.9%.
Domestic comparable store sales increased 3.3%, including an
increase of 7.1% for domestic company-owned stores and 3.1%
for domestic franchise stores.
Net income was $819,000 compared to $711,000.
Pro forma net income(1) increased 60.0% to $2.0 million,
or $0.12 per diluted share from $1.2 million, or $0.07
per diluted share.
Adjusted EBITDA(1) increased 33.7% to $7.5 million from $5.6 million.
21 new Papa Murphy's stores opened system-wide,
including 19 domestic franchise openings.
recent trades
Stockwatch
Website
5/22/14 news release
Key highlights for the first quarter of 2014 compared to the first
quarter of 2013 include:
Total revenues were $25.1 million compared to $19.6 million.
Excluding $1.8 million of revenues in the first quarter of 2014
related to the re-sale of point of sale licenses to franchisees
at cost, revenue increased 18.9%.
Domestic comparable store sales increased 3.3%, including an
increase of 7.1% for domestic company-owned stores and 3.1%
for domestic franchise stores.
Net income was $819,000 compared to $711,000.
Pro forma net income(1) increased 60.0% to $2.0 million,
or $0.12 per diluted share from $1.2 million, or $0.07
per diluted share.
Adjusted EBITDA(1) increased 33.7% to $7.5 million from $5.6 million.
21 new Papa Murphy's stores opened system-wide,
including 19 domestic franchise openings.
recent trades
Stockwatch
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