Use of Non-GAAP Financial InformationIn addition to the financial outlook reported in accordance with accounting principles generally accepted in the United States of America (“GAAP”) included in this filing, the Company has provided certain non-GAAP financial information, including earnings before interest, taxes, depreciation, amortization, restructuring expenses and other operating expenses/(income) (“adjusted EBITDA”). Management believes that the presentation of this non-GAAP financial information provides useful information to investors because this information may allow investors to better evaluate ongoing business performance and certain components of the Company’s results. In addition, the Company’s Board of Directors uses this non-GAAP financial information to evaluate the performance of the Company and the management team. The Company has reconciled the non-GAAP financial information to the nearest GAAP measure.
Einstein Noah Restaurant Group Inc. Provides Update On Strategic Alternatives
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