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Diversified Restaurant Holdings Inc (SAUC.OQ)

SAUC.OQ on NASDAQ Stock Exchange Capital Market

1.50USD
14 Dec 2017
Change (% chg)

$0.00 (+0.00%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Kanen Wealth Management LLC Reports 6.5 Pct Stake In Diversified Restaurant Holdings As Of Nov 28
Friday, 1 Dec 2017 

Nov 30 (Reuters) - Diversified Restaurant Holdings Inc ::KANEN WEALTH MANAGEMENT LLC REPORTS 6.5 PERCENT STAKE IN DIVERSIFIED RESTAURANT HOLDINGS AS OF NOVEMBER 28 - SEC FILING‍​.KANEN WEALTH MANAGEMENT LLC SAYS PURCHASED DIVERSIFIED RESTAURANT HOLDINGS' SHARES BASED ON BELIEF THAT SHARES, WHEN PURCHASED, WERE "UNDERVALUED".  Full Article

Diversified Restaurant Holdings reports qtrly loss per share of $‍0.02​
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Diversified Restaurant Holdings Inc ::Diversified Restaurant Holdings reports third quarter 2017 results.Q3 revenue $39.3 million.Sees FY 2017 revenue $166 million to $168 million.Qtrly ‍same-store sales declined 4.4 percent​.Qtrly loss per share $‍0.02​.Board of directors exploring strategic alternatives​.Targeting restaurant-level EBITDA of $28 million to $29 million for fiscal 2017​.  Full Article

Diversified Restaurant Holdings Q2 loss per share $0.01
Friday, 5 Aug 2016 

Diversified Restaurant Holdings Inc : Q2 loss per share $0.01 . Q2 revenue rose 25.8 percent to $46.4 million . Diversified Restaurant Holdings reports strong operating income growth in second quarter 2016 . Sees FY 2016 revenue $185 million to $190 million . Q2 earnings per share view $-0.01 -- Thomson Reuters I/B/E/S .FY 2016 revenue view $195.3 million -- Thomson Reuters I/B/E/S.  Full Article

Diversified Restaurant Holdings announces intention to spin-off Bagger Dave's restaurants
Friday, 5 Aug 2016 

Diversified Restaurant Holdings Inc : Diversified Restaurant Holdings announces its intention to spin off Bagger Dave's restaurants . Company to be formed with proposed spinoff of Bagger Dave's business will own, operate 19 Bagger Dave's restaurants . DRH is currently developing a comprehensive separation plan for proposed spinoff . DRH will continue to own and operate its 64 franchised BWW restaurants and be listed on NASDAQ exchange. .Expects to complete spinoff in Q4 of 2016..  Full Article

Diversified Restaurant Holdings to appoint David Burke as CEO
Wednesday, 25 May 2016 

Diversified Restaurant Holdings Inc : Announced management succession plan that advances David G. Burke, to president, CEO on January 1, 2017 . Diversified Restaurant Holdings Inc says current chairman, president and CEO, Michael Ansley, will remain as chairman of board after transition . Announces plan to evaluate strategic alternatives for Bagger Dave's restaurants . CEO Michael Ansley to retain executive chairman role upon transition .Says "we look for a new chief financial officer".  Full Article

Diversified Restaurant Holdings Inc closes 8 underperforming Bagger Dave's restaurants
Monday, 28 Dec 2015 

Diversified Restaurant Holdings Inc:Says has closed 8 underperforming Bagger Dave's restaurants.Says restaurant closures will result in approximately $9.0-10.0 million in non-cash charges related to asset impairment and lease obligations and $0.2-0.3 million in cash severance charges.Says costs will be incurred and booked in the fourth quarter of fiscal year 2015.  Full Article

BRIEF-Kanen Wealth Management LLC Reports 6.5 Pct Stake In Diversified Restaurant Holdings As Of Nov 28

* KANEN WEALTH MANAGEMENT LLC REPORTS 6.5 PERCENT STAKE IN DIVERSIFIED RESTAURANT HOLDINGS AS OF NOVEMBER 28 - SEC FILING‍​