Brief: Ipic Entertainment Comparable-Store Sales Increase Of 6.9 Pct For Quarter

iPic Entertainment

08/08/2018 21:27

Aug 8 (Reuters) - Ipic Entertainment Inc  IPIC.O :
    * IPIC® ENTERTAINMENT ANNOUNCES SECOND QUARTER 2018 RESULTS
    * Q2 REVENUE $37.5 MILLION VERSUS I/B/E/S VIEW $36.8 MILLION
    * COMPARABLE-STORE SALES INCREASE OF 6.9% FOR QUARTER
    * IPIC ENTERTAINMENT- FOR YEAR ENDING DECEMBER 31, CO IS
REITERATING ITS ANNUAL OUTLOOK BUT NOW PROJECTS TO BE AT LOWER
END OF FOLLOWING GUIDED RANGES
    * IPIC ENTERTAINMENT- SEES 100 TO 150 BASIS POINTS OF
POTENTIAL
NEGATIVE IMPACT ON TOTAL REVENUE AND COMPARABLE-STORE SALES FOR
YEAR
    * QTRLY NET LOSS OF $8.6 MILLION, INCLUSIVE OF $269,000 IN
STOCK-BASED COMPENSATION.

Source text for Eikon:  ID:nGNX7XyDtZ 
Further company coverage:  IPIC.O 

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