Bojangles (BOJA) reported earnings on Wed 4 Nov 2015 (after close)

• Nov 6, 2018: Bojangles acquired by investment firm Durational Capital Management LP and The Jordan Company L.P for $16.10 a share.

Ticker:  BOJA

** charts before earnings **

** charts after earnings **

Bojangles' beats by $0.05, beats on revs; guides FY15 EPS above consensus, revs above consensus :

• Reports Q3 (Sep) earnings of $0.23 per share, excluding non-recurring items, $0.05 better than the Capital IQ Consensus of $0.18; revenues rose 12.6% year/year to $124.25 mln vs the $122.8 mln Capital IQ Consensus.
  • System-wide comparable restaurant sales increased 4.1%
• Co issues upside guidance for FY15, sees EPS of $0.79-0.81 vs. $0.77 Capital IQ Consensus Estimate; sees FY15 revs of $486-488 mln vs. $485.66 mln Capital IQ Consensus Estimate.
• Sees FY15 System-wide comparable restaurant sales growth of low to mid-single digits;

© Artremis / Eva Sawicka (11/5/15)

Bojangles (BOJA) : 3-month performance

Ticker:  BOJA

Bojangles (BOJA) reported first earnings since IPO

Ticker:  BOJA

Charlotte-based chicken-and-biscuit chain Bojangles reported first quarter earnings per share of 17c, beating analysts' expectations of 15c, on revenue that increased 19.2% from the year ago quarter to $114.6M, which was also higher than analysts' estimates of $114.48M. The restaurant chain, which opened 16 new restaurants during the quarter, saw its system-wide comparable restaurant sales increase 7.9% compared to the first quarter of 2014. For fiscal year 2015, the company expects to report revenue of between $480M-$487M. Analysts were forecasting revenue of $486.6M. Bojangles guided for FY15 system-wide comparable restaurant sales growth of low to mid-single digits. In FY15, the company expects the opening of 50-57 system-wide restaurants, consisting of 22-25 new company-operated restaurants and 28-32 new franchised restaurants. Operating income for the chain decreased 7.2% to $9.5M in Q1 down from $10.2M in the year-ago quarter primarily due to a $2.7M increase in costs related to its initial public offering.

Bojangles (BOJA) began trading on the NASDAQ on 8 May 2015

• Bojangles (NASDAQ:BOJA), a Southern-style chicken-and-biscuit chain that has 258 company-operated and 377 franchise locations. 
• Bojangles raised $147 million by selling 7.75 million shares at 19.
• Ticker:  BOJA

Owns, operates and franchises a 201-unit, fast-food restaurant chain that specializes in Cajun-style chicken and "fixins." The company owns and operates 121 units and franchises the remaining 80 units.

Website 

http://www.bojangles.com

Address

9432 Southern Pine Blvd
CHARLOTTE, NC 28273-5553
United States