Inventure earnings fall as T.G.I. Friday’s brand sales slow
date:May 06, 2013
sults, largely driven by a slowing in the T.G.I. Fridays brand and increased brand investment, which we referred to in our last call, resulting in lower-than-expected earnings for the quarter, said Terry McDaniel, chief executive officer. However, we maintain our outlook to achieve positive revenue and earnings growth for the full year.

Mr. McDaniel said Inventure continues to see strong growth in its healthy/natural portfolio of products, which now makes up 68% of total net revenues.

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