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3 Ugly Truths and 2 Silver Linings from Zoe's Kitchen's Q2 Earnings

TheMotleyFool

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3 Ugly Truths and 2 Silver Linings from Zoe's Kitchen's Q2 Earnings

The last year has not been kind to Zoe's Kitchen (NYSE: ZOES) shareholders, with the stock down more than 50% over the past 12 months. Even with the low expectations baked into the second quarter earnings report, the actual results did little to ease concerns that the Mediterranean fast-casual chain's best days might be behind it.

Comparable restaurant sales growth and restaurant-level margins continued their downward slide, and the company also announced that it's planning to slow its rate of future store openings. But as bad as these results were, some nuggets from the conference call pointed to the potential for better days ahead.