Comparable Restaurant Sales Decrease at Del Frisco’s Restaurant Group
Del Frisco’s Restaurant Group, Inc., the owner and operator of the Del Frisco’s Double Eagle Steak House, Sullivan’s Steakhouse, and Del Frisco’s Grille restaurant concepts, reported financial results for the third quarter ended September 6. The company also revised its outlook for the 2016 fiscal year and provided development guidance for the 2017 fiscal year.
Key highlights from the third quarter 2016 compared to the third quarter 2015 include:
Consolidated revenues increased 4 percent to $71.4 million from $68.6 million.
Revenues at Del Frisco’s Grille increased 20.9 percent to $24.1 million from $19.9 million.
Total comparable restaurant sales decreased 3