Del Frisco's Restaurant Group, Inc. Announces Unaudited Consolidated Earnings Results for the Thirteen and Fifty Two Weeks Ended December 25, 2018; Provides Sales Guidance for the Year 2019
For the fifty two weeks, the company reported revenue of $378,216,000 compared to $293,827,000 a year ago. Operating loss was $22,530,000 compared to $11,918,000 a year ago. Loss from continuing operations was $49,866,000 compared to $819,000 a year ago. Net loss was $76,303,000 compared to $11,457,000 a year ago. Net loss per basic and diluted common share was $3.00 compared to $0.53 a year ago.
For the year 2019, the company expects total comparable restaurant sales of 0% to 1.5%.