Kona Grill Inc (KONA.OQ) Key Developments | Reuters.com
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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, 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

Kona Grill, Inc gives Q3 2015 guidance
Monday, 3 Aug 2015 04:01pm EDT 

Kona Grill, Inc:Expects Q3 2015 restaurant sales of $36.3 million.Expects Q3 2015 Adjusted EBITDA of $3.2 million.Expects Q3 2015 net loss of ($0.10) per share.Q3 2015 revenue of $36.3 mln, EPS of $(0.02) mln and EBITDA of $3.42 mln - Thomson Reuters I/B/E/S.  Full Article

Kona Grill, Inc gives Q2 2015 same-store sales guidance
Tuesday, 5 May 2015 04:01pm EDT 

Kona Grill, Inc:Expects Q2 2015 restaurant sales of $36.0 million.  Full Article

Kona Grill, Inc gives Q1 2015 guidance; earnings guidance below analysts' estimates; gives Q1 2015 same-store sales guidance
Tuesday, 24 Feb 2015 04:01pm EST 

Kona Grill, Inc:Expects Q1 2015 restaurant sales of $33.0 mln, compared to $27.6 mln in same year-ago quarter, driven by an estimated 3.0 pct growth in same-store sales and 17 pct increase in operating weeks.Anticipates Q1 2015 net loss of $0.5 million, or $0.05 per share, which includes about $0.06 per share in pre opening costs, as well as higher corporate infrastructure investments.which include international development strategy and about $0.02 per share in non-cash accelerated depreciation expense associated with expected disposal of certain assets related to upcoming remodel of restaurant in Denver.Q1 2015 revenue of $33 mln, net income of $(0.03) mln and EPS of $0.00 - Thomson Reuters I/B/E/S.  Full Article

Kona Grill Inc announces expanded credit facility
Monday, 10 Nov 2014 08:51am EST 

Kona Grill Inc:Enters into five-year $35 mln amended credit facility with KeyBank National Association.The amended credit facility replaces an existing $20 mln credit line.Amended facility allows for available borrowings of $35 million compared to $20 mln under the old facility.The new facility bears interest between 1.5 pct and 2.5 pct over LIBOR, dependent upon the company's leverage ratio, compared to an interest rate of LIBOR plus 3.0 pct to 3.5 pct under the old facility.The amended facility also provides additional flexibility and less restrictive financial covenants.The facility is secured by the assets of the company and has a five-year term with an option to extend the term for one year upon the Lenders' consent.  Full Article

Kona Grill, Inc gives Q4 2014 guidance above analysts' estimates; gives Q4 2014 same-store sales guidance
Tuesday, 28 Oct 2014 04:02pm EDT 

Kona Grill, Inc:Expects Q4 2014 restaurant sales of $30.8 mln.Expects Q4 2014 same-store sales would be closer to 3.5%.Anticipates Q4 2014 net loss of ($1.0) mln, or ($0.09) per share.Q4 2014 revenue of $29.8 mln, net income of $(1.08) mln - Thomson Reuters I/B/E/S.  Full Article

Kona Grill Inc gives Q3 2014 guidance above analysts' estimates; gives Q3 2014 same-store sales guidance
Monday, 4 Aug 2014 04:05pm EDT 

Kona Grill Inc:Expects Q3 2014 restaurant sales of $29.5 million, driven by a 2.0pct increase in same-store sales.Forecasts Q3 2014 net income of $0.2 million, or $0.02 per share, which includes about $0.08 to $0.10 per share in costs associated with preopening and new unit inefficiencies as well as the negative impact caused by the remodel adjacent to the company's Denver restaurant.Q3 2014 revenue of $29.1 million, net income of $(0.2) million and EPS of $0.01 - Thomson Reuters I/B/E/S.  Full Article