Diversified Restaurant Holdings, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 14, 2019 at 04:31 pm EDT
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Diversified Restaurant Holdings, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was USD 38.920 million compared to USD 37.039 million a year ago. Operating income was USD 1.040 million compared to USD 262,773 a year ago. Net loss was USD 469,257 compared to USD 1.172 million a year ago. Basic loss per share was USD 0.01 compared to USD 0.04 a year ago. For the half year, sales was USD 79.488 million compared to USD 76.572 million a year ago. Operating income was USD 2.577 million compared to USD 1.734 million a year ago. Net loss was USD 413,816 compared to USD 1.012 million a year ago. Basic loss per share was USD 0.01 compared to USD 0.04 a year ago.
Patton Wings, Inc is a United States-based restaurant company, which is operating a single concept, Buffalo Wild Wings (BWW). The Company owns restaurants in Florida, Illinois, Indiana, Michigan and Missouri. The BWW restaurants feature a range of menu items with a multimedia social environment, a bar and an open layout designed to create a dining experience for sports fans and families. It's guests have the option of watching various sporting events on projection screens or televisions. The restaurants offered 20 to 40 domestic and imported beers on tap, including several local or regional microbrews and a selection of bottled beer, wine and liquor.