Chanticleer Holdings, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
Aug 17 15
Chanticleer Holdings, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenue was $10,793,035 against $6,544,364 a year ago. Loss from operations was $2,090,136 against $1,394,046 a year ago. Loss from continuing operations before income taxes was $3,154,220 against $1,464,027 a year ago. Loss from continuing operations was $3,149,486 or $0.24 per basic and diluted share against $1,465,406 or $0.21 per basic and diluted share a year ago. Consolidated net loss was $3,147,398 against $1,537,706 a year ago. Net loss attributable to Chanticleer Holdings, Inc. was $2,946,214 against $1,411,064 a year ago. LBITDA was $1,170,928 against $604,553 a year ago. Adjusted LBITDA was $1,012,340 against $619,799 a year ago. Restaurant EBITDA was $991,340 against $591,210 a year ago.
For the six months, the company reported total revenue was $19,464,184 against $11,893,343 a year ago. Loss from operations was $3,992,521 against $2,978,713 a year ago. Loss from continuing operations before income taxes was $5,595,026 against $2,893,438 a year ago. Loss from continuing operations was $5,557,372 or $0.56 per basic and diluted share against $2,885,929 or $0.45 per basic and diluted share a year ago. Consolidated net loss was $5,557,183 against $2,990,902 a year ago. Net loss attributable to Chanticleer Holdings, Inc. was $5,214,215 against $2,756,401 a year ago. Net cash used in operating activities was $2,687,032 against $922,226 a year ago. Purchase of property and equipment was $872,246 against $1,629,359 a year ago. LBITDA was $2,326,461 against $1,349,686 a year ago. Adjusted LBITDA was $2,129,090 against $1,853,683 a year ago. Restaurant EBITDA was $1,671,722 against $940,909 a year ago.
Chanticleer Holdings Announces Opening of Hooters Restaurant in Port Elizabeth, South Africa
Aug 6 15
Chanticleer Holdings, Inc. announced the grand opening of its new Hooters restaurant in Port Elizabeth, South Africa on August 13, 2015. The restaurant, which is the Company's sixth Hooters in South Africa, is located in the Walmer section of Port Elizabeth. Walmer is known as the cosmopolitan center of Port Elizabeth, full of trendy bars, restaurants, a movie theater and local businesses with upmarket residential areas surrounding the shopping district. The restaurant sits on the corner of one of the busiest intersections in the heart of Port Elizabeth and the Company expects it will attract an optimal blend of business and residential patrons. The prime stand-alone building, located on 31,000 square feet of land, was purchased by Chanticleer Holdings in 2014 as the Company's first real estate purchase.
Chanticleer Holdings, Inc. Announces Preliminary Revenue Results for the Second Quarter of 2015
Jul 30 15
Chanticleer Holdings, Inc. announced preliminary revenue results for the second quarter of 2015. For the quarter, the company announced record preliminary net restaurant revenue of approximately $10.4 million, an increase of approximately 61.4% from $6.4 million in second quarter 2014. Systemwide store count increased from 21 at June 30, 2014 to 47 at June 30, 2015. The growth in revenue and systemwide store count resulted from the combination of new store openings and acquisitions.