Content Spotlight
Tech Tracker: How digital tech is capitalizing on the hot restaurant reservations market
Tock and Google now offer experience reservations; Diibs launches as a platform for bidding on last-minute reservations
Fast-casual brand’s results exceed earlier guidance of 5% gain in 4Q
Same-store sales at Freshii Inc., the Canadian-based fast-casual brand, increased 6.4 percent in the fourth quarter ended Dec. 31, the company said in preliminary results released Wednesday.
The preliminary results exceeded analysts’ fourth-quarter same-store-sales estimates of about 5 percent. Freshii stock at midday Thursday was trading about 0.4 percent lower from Wednesday’s close of CA$7.57 a share.
Since going public a year ago on the Canadian exchange, Toronto-based Freshii’s stock price has swung widely, with a 52-week range of CA$5.28 to CA$15.09 a share.
Freshii in November had offered an outlook of “approximately 5 percent” same-store sales growth for the full 2017 fiscal year. Freshii is scheduled to release fourth-quarter earn...
This content is available for registered users
Already Subscribed?