Restaurant Equipment Articles : Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food & Brewery Ltd. (OTCPink: GCFB), a casual dining restaurant group, announced today the following preliminary unaudited financial results for the fiscal year ended December 30, 2014:
- Net revenue increased to $136 million compared to $134 million for FY 2013
- Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
- Consolidated same-store sales, excluding the downtown Indianapolis non-restaurant location, increased 0.7% in FY 2014
In addition, the Company announced that its Board of Directors has engaged Houlihan Lokey Capital, Inc., a leading investment bank, to assist it in exploring a possible strategic transaction.
Under the engagement agreement, Houlihan's services may include soliciting, coordinating, and evaluating indications of interest and proposals regarding a possible strategic t
Restaurant Equipment Articles : Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food & Brewery Ltd. (OTCPink: GCFB), a casual dining restaurant group, announced today the following preliminary unaudited financial results for the fiscal year ended December 30, 2014:
- Net revenue increased to $136 million compared to $134 million for FY 2013
- Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
- Consolidated same-store sales, excluding the downtown Indianapolis non-restaurant location, increased 0.7% in FY 2014
In addition, the Company announced that its Board of Directors has engaged Houlihan Lokey Capital, Inc., a leading investment bank, to assist it in exploring a possible strategic transaction.
Under the engagement agreement, Houlihan's services may include soliciting, coordinating, and evaluating indications of interest and proposals regarding a possible strategic t
Restaurant Equipment Articles : Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food & Brewery Ltd. (OTCPink: GCFB), a casual dining restaurant group, announced today the following preliminary unaudited financial results for the fiscal year ended December 30, 2014:
- Net revenue increased to $136 million compared to $134 million for FY 2013
- Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
- Consolidated same-store sales, excluding the downtown Indianapolis non-restaurant location, increased 0.7% in FY 2014
In addition, the Company announced that its Board of Directors has engaged Houlihan Lokey Capital, Inc., a leading investment bank, to assist it in exploring a possible strategic transaction.
Under the engagement agreement, Houlihan's services may include soliciting, coordinating, and evaluating indications of interest and proposals regarding a possible strategic t
Restaurant Equipment Articles : Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food & Brewery Ltd. (OTCPink: GCFB), a casual dining restaurant group, announced today the following preliminary unaudited financial results for the fiscal year ended December 30, 2014:
- Net revenue increased to $136 million compared to $134 million for FY 2013
- Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
- Consolidated same-store sales, excluding the downtown Indianapolis non-restaurant location, increased 0.7% in FY 2014
In addition, the Company announced that its Board of Directors has engaged Houlihan Lokey Capital, Inc., a leading investment bank, to assist it in exploring a possible strategic transaction.
Under the engagement agreement, Houlihan's services may include soliciting, coordinating, and evaluating indications of interest and proposals regarding a possible strategic t
Restaurant Equipment Articles : Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food & Brewery Ltd. (OTCPink: GCFB), a casual dining restaurant group, announced today the following preliminary unaudited financial results for the fiscal year ended December 30, 2014:
- Net revenue increased to $136 million compared to $134 million for FY 2013
- Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
- Consolidated same-store sales, excluding the downtown Indianapolis non-restaurant location, increased 0.7% in FY 2014
In addition, the Company announced that its Board of Directors has engaged Houlihan Lokey Capital, Inc., a leading investment bank, to assist it in exploring a possible strategic transaction.
Under the engagement agreement, Houlihan's services may include soliciting, coordinating, and evaluating indications of interest and proposals regarding a possible strategic t
Restaurant Equipment Articles : Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food & Brewery Ltd. (OTCPink: GCFB), a casual dining restaurant group, announced today the following preliminary unaudited financial results for the fiscal year ended December 30, 2014:
- Net revenue increased to $136 million compared to $134 million for FY 2013
- Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
- Consolidated same-store sales, excluding the downtown Indianapolis non-restaurant location, increased 0.7% in FY 2014
In addition, the Company announced that its Board of Directors has engaged Houlihan Lokey Capital, Inc., a leading investment bank, to assist it in exploring a possible strategic transaction.
Under the engagement agreement, Houlihan's services may include soliciting, coordinating, and evaluating indications of interest and proposals regarding a possible strategic t
Restaurant Equipment Articles : Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food & Brewery Ltd. (OTCPink: GCFB), a casual dining restaurant group, announced today the following preliminary unaudited financial results for the fiscal year ended December 30, 2014:
- Net revenue increased to $136 million compared to $134 million for FY 2013
- Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
- Consolidated same-store sales, excluding the downtown Indianapolis non-restaurant location, increased 0.7% in FY 2014
In addition, the Company announced that its Board of Directors has engaged Houlihan Lokey Capital, Inc., a leading investment bank, to assist it in exploring a possible strategic transaction.
Under the engagement agreement, Houlihan's services may include soliciting, coordinating, and evaluating indications of interest and proposals regarding a possible strategic t
Restaurant Equipment Articles : Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food & Brewery Ltd. (OTCPink: GCFB), a casual dining restaurant group, announced today the following preliminary unaudited financial results for the fiscal year ended December 30, 2014:
- Net revenue increased to $136 million compared to $134 million for FY 2013
- Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
- Consolidated same-store sales, excluding the downtown Indianapolis non-restaurant location, increased 0.7% in FY 2014
In addition, the Company announced that its Board of Directors has engaged Houlihan Lokey Capital, Inc., a leading investment bank, to assist it in exploring a possible strategic transaction.
Under the engagement agreement, Houlihan's services may include soliciting, coordinating, and evaluating indications of interest and proposals regarding a possible strategic t
Restaurant Equipment Articles : Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food & Brewery Ltd. (OTCPink: GCFB), a casual dining restaurant group, announced today the following preliminary unaudited financial results for the fiscal year ended December 30, 2014:
- Net revenue increased to $136 million compared to $134 million for FY 2013
- Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
- Consolidated same-store sales, excluding the downtown Indianapolis non-restaurant location, increased 0.7% in FY 2014
In addition, the Company announced that its Board of Directors has engaged Houlihan Lokey Capital, Inc., a leading investment bank, to assist it in exploring a possible strategic transaction.
Under the engagement agreement, Houlihan's services may include soliciting, coordinating, and evaluating indications of interest and proposals regarding a possible strategic t
Restaurant Equipment Articles : Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food & Brewery Ltd. (OTCPink: GCFB), a casual dining restaurant group, announced today the following preliminary unaudited financial results for the fiscal year ended December 30, 2014:
- Net revenue increased to $136 million compared to $134 million for FY 2013
- Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
- Consolidated same-store sales, excluding the downtown Indianapolis non-restaurant location, increased 0.7% in FY 2014
In addition, the Company announced that its Board of Directors has engaged Houlihan Lokey Capital, Inc., a leading investment bank, to assist it in exploring a possible strategic transaction.
Under the engagement agreement, Houlihan's services may include soliciting, coordinating, and evaluating indications of interest and proposals regarding a possible strategic t
Restaurant Equipment Articles : Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food & Brewery Ltd. (OTCPink: GCFB), a casual dining restaurant group, announced today the following preliminary unaudited financial results for the fiscal year ended December 30, 2014:
- Net revenue increased to $136 million compared to $134 million for FY 2013
- Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
- Consolidated same-store sales, excluding the downtown Indianapolis non-restaurant location, increased 0.7% in FY 2014
In addition, the Company announced that its Board of Directors has engaged Houlihan Lokey Capital, Inc., a leading investment bank, to assist it in exploring a possible strategic transaction.
Under the engagement agreement, Houlihan's services may include soliciting, coordinating, and evaluating indications of interest and proposals regarding a possible strategic t
Restaurant Equipment Articles : Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food & Brewery Ltd. (OTCPink: GCFB), a casual dining restaurant group, announced today the following preliminary unaudited financial results for the fiscal year ended December 30, 2014:
- Net revenue increased to $136 million compared to $134 million for FY 2013
- Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
- Consolidated same-store sales, excluding the downtown Indianapolis non-restaurant location, increased 0.7% in FY 2014
In addition, the Company announced that its Board of Directors has engaged Houlihan Lokey Capital, Inc., a leading investment bank, to assist it in exploring a possible strategic transaction.
Under the engagement agreement, Houlihan's services may include soliciting, coordinating, and evaluating indications of interest and proposals regarding a possible strategic t
Restaurant Equipment Articles : Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food & Brewery Ltd. (OTCPink: GCFB), a casual dining restaurant group, announced today the following preliminary unaudited financial results for the fiscal year ended December 30, 2014:
- Net revenue increased to $136 million compared to $134 million for FY 2013
- Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
- Consolidated same-store sales, excluding the downtown Indianapolis non-restaurant location, increased 0.7% in FY 2014
In addition, the Company announced that its Board of Directors has engaged Houlihan Lokey Capital, Inc., a leading investment bank, to assist it in exploring a possible strategic transaction.
Under the engagement agreement, Houlihan's services may include soliciting, coordinating, and evaluating indications of interest and proposals regarding a possible strategic t
Restaurant Equipment Articles : Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food & Brewery Ltd. (OTCPink: GCFB), a casual dining restaurant group, announced today the following preliminary unaudited financial results for the fiscal year ended December 30, 2014:
- Net revenue increased to $136 million compared to $134 million for FY 2013
- Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
- Consolidated same-store sales, excluding the downtown Indianapolis non-restaurant location, increased 0.7% in FY 2014
In addition, the Company announced that its Board of Directors has engaged Houlihan Lokey Capital, Inc., a leading investment bank, to assist it in exploring a possible strategic transaction.
Under the engagement agreement, Houlihan's services may include soliciting, coordinating, and evaluating indications of interest and proposals regarding a possible strategic t
Restaurant Equipment Articles : Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food & Brewery Ltd. (OTCPink: GCFB), a casual dining restaurant group, announced today the following preliminary unaudited financial results for the fiscal year ended December 30, 2014:
- Net revenue increased to $136 million compared to $134 million for FY 2013
- Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
- Consolidated same-store sales, excluding the downtown Indianapolis non-restaurant location, increased 0.7% in FY 2014
In addition, the Company announced that its Board of Directors has engaged Houlihan Lokey Capital, Inc., a leading investment bank, to assist it in exploring a possible strategic transaction.
Under the engagement agreement, Houlihan's services may include soliciting, coordinating, and evaluating indications of interest and proposals regarding a possible strategic t
Restaurant Equipment Articles : Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food & Brewery Ltd. (OTCPink: GCFB), a casual dining restaurant group, announced today the following preliminary unaudited financial results for the fiscal year ended December 30, 2014:
- Net revenue increased to $136 million compared to $134 million for FY 2013
- Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
- Consolidated same-store sales, excluding the downtown Indianapolis non-restaurant location, increased 0.7% in FY 2014
In addition, the Company announced that its Board of Directors has engaged Houlihan Lokey Capital, Inc., a leading investment bank, to assist it in exploring a possible strategic transaction.
Under the engagement agreement, Houlihan's services may include soliciting, coordinating, and evaluating indications of interest and proposals regarding a possible strategic t
Restaurant Equipment Articles : Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food & Brewery Ltd. (OTCPink: GCFB), a casual dining restaurant group, announced today the following preliminary unaudited financial results for the fiscal year ended December 30, 2014:
- Net revenue increased to $136 million compared to $134 million for FY 2013
- Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
- Consolidated same-store sales, excluding the downtown Indianapolis non-restaurant location, increased 0.7% in FY 2014
In addition, the Company announced that its Board of Directors has engaged Houlihan Lokey Capital, Inc., a leading investment bank, to assist it in exploring a possible strategic transaction.
Under the engagement agreement, Houlihan's services may include soliciting, coordinating, and evaluating indications of interest and proposals regarding a possible strategic t
Restaurant Equipment Articles : Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food & Brewery Ltd. (OTCPink: GCFB), a casual dining restaurant group, announced today the following preliminary unaudited financial results for the fiscal year ended December 30, 2014:
- Net revenue increased to $136 million compared to $134 million for FY 2013
- Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
- Consolidated same-store sales, excluding the downtown Indianapolis non-restaurant location, increased 0.7% in FY 2014
In addition, the Company announced that its Board of Directors has engaged Houlihan Lokey Capital, Inc., a leading investment bank, to assist it in exploring a possible strategic transaction.
Under the engagement agreement, Houlihan's services may include soliciting, coordinating, and evaluating indications of interest and proposals regarding a possible strategic t
Restaurant Equipment Articles : Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food Brewery Announces Preliminary Unaudited 2014 Financial Results and Engagement of Financial Advisor to Explore Possible Strategic Transaction
Net revenue increased to $136 million compared to $134 million for FY 2013 - Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
Granite City Food & Brewery Ltd. (OTCPink: GCFB), a casual dining restaurant group, announced today the following preliminary unaudited financial results for the fiscal year ended December 30, 2014:
- Net revenue increased to $136 million compared to $134 million for FY 2013
- Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
- Consolidated same-store sales, excluding the downtown Indianapolis non-restaurant location, increased 0.7% in FY 2014
In addition, the Company announced that its Board of Directors has engaged Houlihan Lokey Capital, Inc., a leading investment bank, to assist it in exploring a possible strategic transaction.
Under the engagement agreement, Houlihan's services may include soliciting, coordinating, and evaluating indications of interest and proposals regarding a possible strategic t