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Zoe's Kitchen reports 7.5% comp increase YTD

Zoë's Kitchen, Inc. reported increased comps of 7.5 percent for Q2 2014, with a total 6.5 percent increase year to date.

August 29, 2014

Zoës Kitchen, Inc. reported increased comps of 7.5 percent for Q2 2014, with a total 6.5 percent increase year to date.

The gains in year to date sales are attributed a 2.0 percent increase in traffic and a 2.7 percent increase in product mix, combined with a 1.8 percent increase in price.

"We delivered another outstanding quarter of financial results. The strength of our business, as highlighted by a 7.5 percent increase in comparable restaurant sales during the quarter, reflects the passion and commitment of our team, and their ongoing advocacy continues to drive the awareness of the Zoës brand," said Kevin Miles, President and Chief Executive Officer in a company press release. "We opened seven new Zoë's Kitchen restaurants during the quarter and we remain on track to add 29 to 30 for the year, which would represent a 29 percent increase in our restaurant base for fiscal 2014. Our 2015 development plan is also well underway with 11 signed leases."