Bojangles' Inc. said its normalized net income for the fiscal fourth quarter ended Dec. 27, 2015, came to 23 cents per share, compared with the S&P Capital IQ consensus estimate of 19 cents per share.
EPS increased 18.6% year over year from 19 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $8.5 million, a gain of 17.1% from $7.2 million in the prior-year period.
The normalized profit margin rose to 6.6% from 6.2% in the year-earlier period.
Total revenue grew 9.6% on an annual basis to $128.8 million from $117.4 million, and total operating expenses climbed 9.4% year over year to $113.1 million from $103.4 million.
Reported net income totaled $7.9 million, or 21 cents per share, compared to $7.9 million, or 21 cents per share, in the prior-year period.
For the year, the company's normalized net income totaled 74 cents per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 80 cents.
EPS rose 8.1% from 68 cents in the prior year.
Normalized net income was $27.6 million, a gain of 8.2% from $25.5 million in the prior year.
Full-year total revenue grew 13.4% on an annual basis to $488.2 million from $430.5 million, and total operating expenses grew 14.5% on an annual basis to $435.0 million from $379.8 million.
The company said reported net income rose year over year to $26.6 million, or 71 cents per share, in the full year, from $26.2 million, or 70 cents per share.