WhereDaily News: Chanticleer Holdings Announces Record First Quarter Preliminary Net Restaurant Revenue of $5.5 Million
CHARLOTTE, NC--(Marketwired - April 17, 2014) - Chanticleer Holdings, Inc. (NASDAQ: HOTR)
(Chanticleer Holdings, or the "Company"), owner and operater of multiple restaurant brands internationally and domestically, announced today record preliminary net restaurant revenue for Q1 2014 of approximately $5.5 million, compared to $1.6 million in Q1 2013, an increase of approximately 244%. Quarter-over-quarter growth was approximately a 67% increase from Q4 2013 of $3.3 million. This increase in net revenue is primarily a result of our recent restaurant acquisitions.