May 9 (Reuters) - Recipe Unlimited Corp RECP.TO :
* RECIPE UNLIMITED REPORTS Q1 2019 TOTAL SYSTEM SALES GROWTH OF 12.5%, OPERATING EBITDA GROWS 8.4%
* IN Q1, SYSTEM SALES GREW BY $94.8 MILLION OR 12.5% TO $850.7 MILLION
* SAME RESTAURANT SALES GROWTH FOR 13 WEEKS ENDED MARCH 31, 2019 WAS A DECREASE OF 1.6% COMPARED TO SAME 13 WEEKS IN 2018
* FOR 13 WEEKS ENDED MARCH 31 EARNINGS PER SHARE $0.35
* ADJUSTED DILUTED EPS $0.28 FOR 13 WEEKS ENDED MARCH 31
* RECIPE UNLIMITED- FOR RESTAURANT LOCATIONS THAT NO LONGER FIT LONGER STRATEGIC PLAN OF CO, MANAGEMENT WILL TAKE STEPS TO EXIT THESE UNDERPERFORMING SITES