Diversified Restaurant: 2Q Earnings Snapshot
SOUTHFIELD, Mich. (AP) _ Diversified Restaurant Holdings Inc. (SAUC) on Tuesday reported a loss of $1.1 million in its second quarter.
The Southfield, Michigan-based company said it had a loss of 4 cents per share.
The operator of Bagger Dave’s Burger Tavern and franchised Buffalo Wild Wings restaurants posted revenue of $37 million in the period.
In the final minutes of trading on Tuesday, the company’s shares hit 88 cents. A year ago, they were trading at $2.06.