Restau­rant chain sees sales climb

Waterloo Region Record - - Business -

TORONTO — Freshii share prices tum­bled 10 per cent in late trad­ing as the Toronto-based restau­rant chain missed earn­ings ex­pec­ta­tions for the sec­ond quar­ter. The Toronto-based com­pany, which re­ports in U.S. dol­lars, saw net in­come nudge into the black at $298,000 in the lat­est quar­ter, com­pared with a loss of $383,000 in the sec­ond quar­ter of 2017. Ad­justed net in­come inched up to three cents per share, fall­ing short of an­a­lysts’ ex­pec­ta­tions for four cents per share, ac­cord­ing to Thom­son Reuters Eikon.

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