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Kona Grill Inc (KONA.OQ)

KONA.OQ on NASDAQ Stock Exchange Global Market

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Latest Key Developments (Source: Significant Developments)

Kona Grill Q2 loss per share $0.43
Monday, 31 Jul 2017 04:05pm EDT 

July 31 (Reuters) - Kona Grill Inc :Kona Grill reports second quarter 2017 results.Q2 loss per share $0.43.Q2 same store sales fell 5.3 percent.Q2 earnings per share view $-0.14 -- Thomson Reuters I/B/E/S.Q2 sales $47 million versus I/B/E/S view $49 million.Kona Grill Inc qtrly restaurant sales increased 8.5% to $47.0.Kona Grill Inc qtrly same-store sales decreased 5.3%.Kona Grill Inc - revising fy forecast to restaurant sales of $184 million and adjusted ebitda of $5.5 million.Kona Grill Inc sees narrowed fy capital expenditures, net of tenant allowances to range from $7 million to $9 million.  Full Article

Kona Grill enters into amendment no. 2
Tuesday, 11 Jul 2017 07:59am EDT 

July 11 (Reuters) - Kona Grill Inc ::Kona Grill Inc- ‍on July 7, co entered into amendment no. 2 to second amended and restated credit agreement effective as of June 30, 2017 - SEC filing​.Kona Grill Inc - ‍amendment amends company's second amended and restated credit agreement with lenders dated as of October 12, 2016 - SEC filing​.Kona Grill - amendment to increase applicable margins for base rate loans, applicable margins for libor rate loans by 25 bps to 75 bps.Kona Grill Inc - amendment amends agreement to decrease total available credit from revolving credit facility from $45 million to $30 million.Kona Grill Inc - ‍amendment to amend maturity date from October 12, 2021 to October 12, 2019​.Kona Grill Inc - amendment results in an overall reduction of combined revolving and term credit facilities from $60 million to $45 million.  Full Article

Kona Grill Q1 loss per share $0.33
Monday, 8 May 2017 04:05pm EDT 

May 8 (Reuters) - Kona Grill Inc ::Kona Grill reports first quarter 2017 results.Q1 loss per share $0.33.Q1 same store sales fell 4.3 percent.Q1 sales $45.2 million versus I/B/E/S view $47 million.Q1 earnings per share view $-0.22 -- Thomson Reuters I/B/E/S.Fy restaurant sales are now projected at $190 million compared to $200 million.  Full Article

Kona Grill, Keybank National Association, Zions First National Bank enter Amendment 1 to second amended,restated credit agreement
Monday, 3 Apr 2017 04:17pm EDT 

Kona Grill Inc : Kona Grill- on March 29, co, Keybank National Association, Zions First National Bank entered into Amendment 1 to second amended, restated credit agreement . Kona Grill Inc - amendment increases leverage ratio applicable at March 31, 2017 to 4.85 from 4.25 - SEC filing . Kona Grill Inc - amendment to add a commitment fee rate of 50 basis points, to be applicable at such times as leverage ratio is greater than 4.25 .Kona Grill Inc - terms of amendment are effective as of January 1, 2017.  Full Article

Kona Grill Q4 loss per share $1.58
Monday, 27 Feb 2017 04:05pm EST 

Kona Grill Inc : Kona grill inc says for 2017, have targeted only three restaurant openings compared to eight in 2016 . Kona grill reports fourth quarter 2016 results . Q4 loss per share $1.58 . Q4 same store sales fell 4.1 percent . Kona grill inc says recorded a non-cash asset impairment charge of $12.5 million or $1.19 per share for five restaurants in q4 . Q4 sales $43.6 million versus i/b/e/s view $44.5 million . Kona grill -for 2017, company forecasts restaurant sales of $200 million compared to $169.5 million in 2016, representing 18.0% year-over-year growth . Q4 earnings per share view $-0.32 -- Thomson Reuters I/B/E/S .Kona grill inc says forecasts capital expenditures, net of tenant allowances to range from $16 million to $18 million for 2017.  Full Article

Kona Grill reports Q4 sales $43.6 mln versus I/B/E/S view $45.7 mln
Tuesday, 10 Jan 2017 06:00am EST 

Kona Grill Inc : Q4 sales $43.6 million versus I/B/E/S view $45.7 million . Qtrly same-store sales decreased 4.1 pct ."Same-store sales for Q4 were weaker than we had anticipated as we too did not experience a post-election day sales bounce".  Full Article

Kona Grill upsizes secured credit facilities to $60 mln
Wednesday, 12 Oct 2016 02:00pm EDT 

Kona Grill Inc : Kona grill upsizes secured credit facilities to $60,000,000 . Kona Grill Inc- amended credit facilities consist of $45 million senior secured revolving credit facility,$15 million senior secured term loan facility . Kona Grill Inc- amended credit facilities replace an existing $35 million credit line . Kona Grill Inc - facilities have a five-year term with an option to extend term for one year upon lenders' consent .Kona Grill-ammended facilities contain an accordion feature that could increase availability by an additional $25 million for total availability of $85 million.  Full Article

Kona Grill says Qtrly restaurant sales up 19.5% to $43.3 mln
Wednesday, 27 Jul 2016 04:05pm EDT 

Kona Grill Inc :Qtrly restaurant sales increased 19.5% to $43.3 million.  Full Article

Kona Grill, Inc announces $10 million share repurchase plan
Thursday, 5 Nov 2015 08:03am EST 

Kona Grill, Inc:Says has authorized the repurchase of up to $10 million of the company's outstanding common stock.Says current authorization replaces co's 2012 $5 million repurchase plan under which $1.8 million remained available for repurchase.  Full Article

Kona Grill, Inc gives Q4 2015 Same-store sales guidance; gives Q4 2015 earnings guidance below analysts' estimates
Monday, 2 Nov 2015 04:05pm EST 

Kona Grill, Inc:Says Q4 2015 same-store sales are projected to be slightly positive.Forecasts Adjusted EBITDA of $2.8 million for Q4 2015.Expects Q4 2015 to generate a net loss of ($0.18) per share.Q4 2015 EBITDA of $3.0 million and EPS of $(0.11) - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Three Houston-area Kona Grill restaurants reopen today

* Three Houston-area Kona Grill restaurants reopen today Source text for Eikon: Further company coverage: