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Showing posts with label BOJA. Show all posts
Showing posts with label BOJA. Show all posts

Tuesday, November 6, 2018

=Bojangles (BOJA) to be taken private for $16.10 a share

    




Bojangles' Inc. (BOJA) has reached agreement to be acquired by investment firm Durational Capital Management LP and The Jordan Company L.P., in an all-cash deal. The restaurant chain's shareholders will receive $16.10 per share, equal to a 39% premium over the closing share price as of Feb. 12, a day before speculation of a deal was first mooted. It is a 16% premium over the closing share price on Sept. 27, a day before a published report that Bojangles' was exploring strategic alternatives. Bojangles' will continue to be run as an independent, privately held company based in Charlotte, N.C. The company will no longer hold its fiscal third-quarter earnings call on Nov. 4, but will issue an earnings release after market close on Nov. 8.

Thursday, November 3, 2016

=Bojangles (BOJA) reported earnings on Thur 3 Nov 2016 (a/h)






Bojangles beats by $0.04, reports revs in-line; raises FY16 EPS, revs guidance :
  • Reports Q3 (Sep) earnings of $0.25 per share, excluding non-recurring items, $0.04 better than the Capital IQ Consensus of $0.21; revenues rose 7.2% year/year to $133.2 mln vs the $132.66 mln Capital IQ Consensus.
  • System-wide comparable restaurant sales increased 0.8%, consisting of a 0.2% decrease in company-operated comparable restaurant sales and a 1.4% increase in franchised comparable restaurant sales. The comparable restaurant sales decline at company-operated restaurants was composed of a decrease in transactions, partially offset by increases in price.
  • Co raises guidance for FY16, sees EPS of $0.92-0.95 (Prior $0.88-0.92) vs. $0.90 Capital IQ Consensus Estimate; sees FY16 revs of $530.5-533.5 (Prior $530-533 mln) vs. $531.41 mln Capital IQ Consensus Estimate; sees system-wide comparable restaurant sales growth of flat to low-single digits (Prior: Unchanged);

Thursday, November 5, 2015

Bojangles (BOJA) reported earnings on Wed 4 Nov 2015 (after close)

** charts before earnings **





** charts after earnings **






Bojangles' beats by $0.05, beats on revs; guides FY15 EPS above consensus, revs above consensus :
  • Reports Q3 (Sep) earnings of $0.23 per share, excluding non-recurring items, $0.05 better than the Capital IQ Consensus of $0.18; revenues rose 12.6% year/year to $124.25 mln vs the $122.8 mln Capital IQ Consensus.
    • System-wide comparable restaurant sales increased 4.1%
  • Co issues upside guidance for FY15, sees EPS of $0.79-0.81 vs. $0.77 Capital IQ Consensus Estimate; sees FY15 revs of $486-488 mln vs. $485.66 mln Capital IQ Consensus Estimate.
  • Sees FY15 System-wide comparable restaurant sales growth of low to mid-single digits;

© Artremis / Eva Sawicka (11/5/15)

Friday, July 31, 2015

Great trade : BOJA (7/15)

  • IPO was 3 months ago (5/15)