Del Frisco's Restaurant Group, Inc. Announces Preliminary Earnings Guidance for the Fourth Quarter and Full Year Ended December 29, 2015
January 12, 2016 at 07:00 am EST
Del Frisco's Restaurant Group, Inc. announced Preliminary earnings guidance for the fourth quarter and full year ended December 29, 2015. For the fourth quarter 2015, consolidated revenues are expected between $113.9 million and $114.1 million representing an increase of 7.7% to 7.8% from $105.8 million from fourth quarter of 2014. Comparable restaurant sales decreased 1.6% at Del Frisco's Double Eagle Steak House from fourth quarter of 2014. Comparable restaurant sales decreased 1.8% at Sullivan's Steakhouse from fourth quarter of 2014. Comparable restaurant sales decreased 4.5% at Del Frisco's Grille from fourth quarter of 2014. Blended comparable restaurant sales decreased 2.2% from fourth quarter of 2014.
For the fiscal year 2015, consolidated revenues are expected between $331.4 million and $331.6 million representing an increase of 9.8% to 9.9% from $301.8 million for the full year of 2015. Comparable restaurant sales increased 0.1% at Del Frisco's Double Eagle Steak House for the full year of 2015. Comparable restaurant sales increased 0.2% at Sullivan's Steakhouse for the full year of 2015. Comparable restaurant sales decreased 4.4% at Del Frisco's Grille for the full year of 2015. Blended comparable restaurant sales decreased 0.7% for the full year of 2015.