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Famous Dave's of America Inc (DAVE.OQ)

DAVE.OQ on NASDAQ Stock Exchange Global Select Market

7.05USD
15 Dec 2017
Change (% chg)

$-0.25 (-3.42%)
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$7.30
Open
$7.20
Day's High
$7.35
Day's Low
$6.85
Volume
23,313
Avg. Vol
10,290
52-wk High
$9.65
52-wk Low
$3.40

Latest Key Developments (Source: Significant Developments)

‍FS special opportunities I L.P. Reports a 5.7 percent stake in Famous Dave's Of America Inc
Monday, 20 Nov 2017 05:23pm EST 

Nov 20 (Reuters) - Famous Dave's Of America Inc :‍FS Special Opportunities I L.P. Reports a 5.7 percent stake in Famous Dave's Of America Inc as of Nov 10 - SEC filing​.  Full Article

Famous Dave's of America appoints Jeffery Crivello as CEO
Monday, 13 Nov 2017 04:05pm EST 

Nov 13 (Reuters) - Famous Dave's Of America Inc ::Famous Dave's of America, Inc appoints Jeffery Crivello as chief executive officer and reports results for third quarter fiscal 2017.Q3 revenue fell 13.7 percent to $21.9 million.Q3 adjusted non-GAAP loss per share $0.01 from continuing operations.Q3 loss per share $0.26 from continuing operations.  Full Article

Famous Dave's of America ‍eliminates Chief Accounting Officer position
Tuesday, 10 Oct 2017 05:00pm EDT 

Oct 10 (Reuters) - Famous Dave's of America Inc :Famous Dave's of America - on Oct 9, co ‍committed to plan that will result in co incurring reserve for cash charges of about $600,000 to $1.0 million​.Famous Dave's of America -sees majority of charges of approximately $600,000-$1.0 million to be recognized in Q4 2017,remainder recognized through Q2 2019​.Famous Dave's of America - ‍ effective Oct 4, board eliminated position held by John Beckman, co's former Vice President, Chief Accounting Officer​.  Full Article

Famous Dave's Of America Q2 loss per share $0.18 from cont ops
Monday, 14 Aug 2017 04:00pm EDT 

Aug 14 (Reuters) - Famous Dave's Of America Inc ::Famous Dave's Of America, Inc. Reports results for second quarter fiscal 2017.Q2 adjusted non-gaap earnings per share $0.16 from continuing operations.Q2 revenue fell 8.8 percent to $25.3 million.Q2 loss per share $0.18 from continuing operations.Qtrly comparable sales decline of 2.2%.Q2 loss per share $0.18 from continuing operations.Famous Dave's Of America Inc qtrly‍ franchise-operated comparable restaurant sales improved to 3.2 percent from 4.3 percent in Q2 of fiscal 2016​.Famous Dave's Of America Inc - ‍in Q2 of 2017, recorded $3.5 million of asset impairment, estimated lease termination and other closing costs.  Full Article

Famous Dave's Of America Q2 adjusted non-gaap earnings per share $0.16 from continuing operations
Monday, 14 Aug 2017 04:00pm EDT 

Aug 14 (Reuters) - Famous Dave's Of America Inc :Famous Dave's Of America qtrly ‍franchise-operated comparable restaurant sales down 3.2 percent versus down 4.3 percent in q2 of fiscal 2016​.Famous Dave’S Of America, Inc. Reports results for second quarter fiscal 2017.Q2 adjusted non-gaap earnings per share $0.16 from continuing operations.Q2 revenue fell 8.8 percent to $25.3 million.Q2 loss per share $0.18 from continuing operations.Qtrly comparable sales decline of 2.2%.Q2 loss per share $0.18 from continuing operations.Famous Dave's Of America Inc - ‍in Q2 of 2017, recorded $3.5 million of asset impairment, estimated lease termination and other closing costs.  Full Article

Famous Dave's of America appoints Eric Hirschhorn to board of directors
Monday, 15 May 2017 04:00pm EDT 

May 15 (Reuters) - Famous Dave's Of America Inc :Famous Dave's of America, Inc. appoints Eric Hirschhorn to board of directors and reports results for first quarter fiscal 2017.Q1 revenue fell 6.4 percent to $22 million.Q1 loss per share $0.18 from continuing operations.Famous Dave's of America Inc qtrly franchise-operated comparable restaurant sales decreased 4.8%.Famous Dave's of America Inc qtrly company-owned comparable restaurant sales decreased 3.3%.Famous Dave's of America Inc qtrly restaurant-level operating margin increased to 2.8%, from 2.1% during Q1 of 2016.  Full Article

Famous Dave’s of America appoints Charles Mooty as chairman of the board
Monday, 6 Mar 2017 04:05pm EST 

Famous Dave's Of America Inc : Appoints Charles Mooty as chairman of the board and reports results for fiscal 2016 . Q4 same store sales fell 5.5 percent . Mooty succeeds Joseph Jacobs, president and co-founder of Wexford Capital LP . Qtrly company-owned restaurants comparable sales decreased 5.0 pct . Qtrly revenues $22.6 million versus $25.4 million .Qtrly loss per share from continuing operations $0.12; qtrly adjusted loss per share from continuing operations $0.10.  Full Article

Famous Dave's of America Q2 adjd shr $0.17 from cont ops
Monday, 15 Aug 2016 04:00pm EDT 

Famous Dave's Of America Inc : Famous dave’s reports results for second quarter fiscal 2016 . Qtrly comparable sales for company-owned restaurants open 24 months or more decreased 6.4 pct . Famous dave's of america inc q2 gaap shr $0.02 from continuing operations . Famous dave's of america inc q2 adjusted shr $0.17 from continuing operations . Famous dave's of america inc qtrly total revenue $32.7 mln vs $28 mln .Famous dave's of america-qtrly comparable sales for co-owned restaurants open 24 months or more down 6.4% vs decrease of 10.8% for same period in 2015.  Full Article

Famous Dave's Of America enters waiver to credit agreement
Friday, 10 Jun 2016 05:19pm EDT 

Famous Dave's Of America Inc : On June 10, 2016, co entered into waiver and second amendment to third amended credit agreement with Wells Fargo . Second amendment amends the credit agreement to terminate the availability of the revolving credit loan commitment .Amendment amends credit agreement to change maturity date of revolving credit loans, term loan from Dec 31, 2018 to Dec 31, 2017.  Full Article

Famous Dave's says qtrly comparable sales for company-owned restaurants decreased 7.7 pct
Monday, 16 May 2016 04:05pm EDT 

Famous Dave's Of America Inc Qtrly Restaurant : Qtrly comparable sales for company-owned restaurants open 24 months or more decreased 7.7% .Level operating margin at company-owned restaurants decreased 590 basis points.  Full Article

BRIEF-‍FS special opportunities I L.P. Reports a 5.7 percent stake in Famous Dave's Of America Inc

* ‍FS Special Opportunities I L.P. Reports a 5.7 percent stake in Famous Dave's Of America Inc as of Nov 10 - SEC filing​ Source text (http://bit.ly/2mKdMLI) Further company coverage: (Bangalore.newsroom@thomsonreuters.com)