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Habit Speeds Up

Habit Restaurants Inc. in Irvine said half its openings this year and most in 2019 will include drive-thru options for time-strapped customers.

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Habit Revenue Up, Profit Down

Habit Restaurants Inc. for its most recent quarter reported revenue up about 18% but earnings were cut in half.

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Habit Q1 Numbers Up

Habit Restaurants Inc. in Irvine said revenue, net income and same-store sales rose in the first quarter, compared with the same period a year ago.

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Habit Up on Q4, Full-Year

Shares in Habit Restaurants Inc. in Irvine were up more than 10% in Friday trading to a market cap of about $475 million on its quarterly and full-year report, issued after markets closed Thursday.

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Habit Falls on Weak Guidance

Irvine-based Habit Restaurants Inc. shares fell about 10% to a market cap of $508 million in heavy trading after the fast causal burger chain issued lower than expected guidance for this year.

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Habit Reports Unaudited Q4 Revenue

Shares in Irvine-based Habit Restaurants Inc. were about briefly in after-hours trading Monday to a market cap of about $601 million after the burger chain released preliminary fourth quarter revenue of $60.6 million.

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Habit Holders Cleared to Sell 14.5M Shares

About 50 shareholders in Irvine-based Habit Restaurants Inc. can sell up to 14.5 million shares in the burger chain for up to $23.42 at a total value of about $340 million, according to a U.S. Securities and Exchange filing.

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Habit Postpones Holders’ $138M Offering

Irvine-based fast casual burger chain Habit Restaurants Inc. today postponed a secondary offering by shareholders of $138 million in common stock “in light of current capital market conditions.”

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Habit Holders to Sell $137M in Shares

Shareholders of Habit Restaurants Inc. plan to sell up to 5.75 million shares for an estimated $137.7 million, a U.S. Securities and Exchange Commission filing shows.

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Habit Revenue, Earnings Up

Habit Restaurants Inc. in Irvine said after markets closed today that it earned $2.2 million on revenue of $58.6 million in its most recent quarter.

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Habit to Enter Idaho

Irvine-based Habit Restaurants Inc. will debut in its seventh state with a restaurant opening this year in Meridian, Idaho, a news report said.

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Habit Shares Down on Mixed Q2

Shares in Irvine-based Habit Restaurants Inc. fell about 7.5% in midday trading Thursday to a market cap of $750 million after a mixed quarterly report Wednesday.

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Habit Readies First Florida Location

Irvine-based Habit Restaurants Inc. plans to open its first restaurant in Florida on June 24 in Delray Beach.

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Asset Manager Takes Habit Stake

New York City-based asset management firm AllianceBernstein LP disclosed in a regulatory filing a 12.7% stake in Irvine-based Habit Restaurants Inc.

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Habit Revenue, Income Up

Shares in Irvine-based Habit Restaurants Inc. were up about 4% in midday trading Friday to a market cap of $850 million after the company reported it earned $3 million in its most recent quarter, an increase of 20% over $2.5 million in the same period last year.

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Habit Top Shareholder Trims Stake

The private equity firm that has controlled Irvine-based Habit Restaurants Inc. since leading an investor group in a 2007 buyout of the fast-casual burger chain is expected to trim its holdings to less than a majority stake through a secondary share offering that’s set to close tomorrow, the company and news reports said.

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Habit Sets $175M Share Sale

Irvine-based Habit Restaurants Inc. said it would offer up to 5.75 million shares of its Class A common stock owned by various stockholders, including some officers and directors, for sale on April 9.

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Habit Sets $175M Share Sale

Irvine-based Habit Restaurants Inc. said it would offer up to 5.75 million shares of its Class A common stock owned by various stockholders, including some officers and directors, for sale beginning April 10 and expected to close April 15.

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U.K. Investor Puts $14.8M in Habit

Irvine-based Habit Restaurants Inc. said in a regulatory filing March 24 that Boston-based Numeric Investors LLC, an affiliate of London-based Man Group Plc, bought about 477,000 shares of the burger chain’s Class A common stock.

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Habit Shares Down After Q4 Report

Shares in Irvine-based Habit Restaurants Inc. declined in midday trading Wednesday after its most recent quarterly reported showed earnings had declined compared to the same period last year.

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Habit Plans Middle East Expansion

Irvine-based Habit Restaurants Inc. said it signed its first international expansion deal, an agreement with an area franchisor in the Middle East to develop 50 restaurants in six countries over the next 10 years.

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Habit Goes Public

Irvine-based Habit Restaurants Inc. went public on Nasdaq this morning priced at $18 a share and has doubled in price to about $36.

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