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Kona Grill Inc (KONA.OQ)

KONA.OQ on NASDAQ Stock Exchange Global Market

1.99USD
22 Oct 2018
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Latest Key Developments (Source: Significant Developments)

Kona Grill Q2 Loss Per Share $0.08
Thursday, 9 Aug 2018 04:05pm EDT 

Kona Grill Inc ::KONA GRILL REPORTS SECOND QUARTER 2018 RESULTS.Q2 REVENUE FELL 9.9 PERCENT TO $42.3 MILLION.Q2 SAME STORE SALES FELL 12.1 PERCENT.Q2 LOSS PER SHARE $0.08.QTRLY SAME-STORE SALES DECREASED 12.1%.CONTINUING TO EVALUATE UNDERPERFORMING RESTAURANTS.ENGAGE IN DISCUSSIONS WITH LANDLORDS REGARDING RENT ABATEMENT, CLOSING CERTAIN LOCATIONS OR STRATEGIC ALTERNATIVES.CONTINUE TO ENGAGE IN DISCUSSIONS WITH POTENTIAL PARTNERS FOR FRANCHISING KONA GRILL BRAND.  Full Article

Kona Grill Q4 Loss Per Share $1.23
Thursday, 22 Mar 2018 04:05pm EDT 

March 22 (Reuters) - Kona Grill Inc ::KONA GRILL REPORTS FOURTH QUARTER AND FISCAL 2017 RESULTS.Q4 REVENUE FELL 2.5 PERCENT TO $42.5 MILLION.Q4 SAME STORE SALES FELL 6.5 PERCENT.Q4 LOSS PER SHARE $1.23.  Full Article

Kona Grill Inc - 4Th Amendment To Second Amended Agreement Amends Available Credit On Revolver Was Reduced To $25 Million
Thursday, 15 Mar 2018 04:29pm EDT 

March 15 (Reuters) - Kona Grill Inc ::KONA GRILL INC - 4TH AMENDMENT TO SECOND AMENDED AGREEMENT AMENDS AVAILABLE CREDIT ON REVOLVER WAS REDUCED TO $25 MILLION - SEC FILING.KONA GRILL INC - MATURITY DATE WAS AMENDED FROM OCTOBER 12, 2019 TO JANUARY 13, 2020 WITH NO OPTION TO EXTEND MATURITY DATE.KONA GRILL INC - ON MARCH 9, ENTERED INTO AMENDMENT NO. 4 TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT.  Full Article

Kona Grill Q3 loss per share $0.33
Thursday, 9 Nov 2017 04:01pm EST 

Nov 9 (Reuters) - Kona Grill Inc ::Kona Grill reports third quarter 2017 results.Q3 loss per share $0.33.Q3 same store sales fell 7.2 percent.Q3 sales $44.4 million.  Full Article

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

BRIEF-Nanyan Zheng Reports 19.9 Percent Stake In Kona Grill

* NANYAN ZHENG REPORTS 19.9 PERCENT STAKE IN KONA GRILL INC AS OF MAY 2 - SEC FILING