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BRIEF-Recipe Unlimited Qtrly Earnings Per Share $0.30

Published 2018-08-09, 07:27 p/m
BRIEF-Recipe Unlimited Qtrly Earnings Per Share $0.30
RECP
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Aug 9 (Reuters) - Recipe Unlimited Corp RECP.TO :

* RECIPE UNLIMITED REPORTS POSITIVE SAME RESTAURANT SALES GROWTH OF 1.9% AND EBITDA GROWTH OF 32.7%

* SYSTEM SALES GREW $213.4 MILLION TO $874.2 MILLION FOR 13 WEEKS ENDED JULY 1, 2018 AS COMPARED TO 2017, REPRESENTING AN INCREASE OF 32.3%

* QTRLY EARNINGS PER SHARE $0.30

* QTRLY ADJUSTED EARNINGS PER SHARE $0.47

* RECIPE UNLIMITED- SAME RESTAURANT SALES GROWTH FOR 13 AND 26 WEEKS ENDED JULY 1, 2018 WAS AN INCREASE OF 1.9% COMPARED TO SAME 13 AND 26 WEEKS IN 2017

* SAYS COMPANY WILL ADD APPROXIMATELY $612.0 MILLION IN SYSTEM SALES IN 2018

* RECIPE UNLIMITED- FOR A FULL YEAR ON A PRO FORMA BASIS USING PRIOR YEAR RESULTS, KEG MERGER WILL ADD APPROXIMATELY $23.5 MILLION OF OPERATING EBITDA

* Q2 EARNINGS PER SHARE VIEW C$0.37 -- THOMSON REUTERS I/B/E/S

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