CHARLOTTE, N.C., Aug. 13, 2012 (GLOBE NEWSWIRE) -- Chanticleer Holdings, Inc. (Nasdaq:HOTR) ("Chanticleer" or the "Company"), a minority owner in the privately-held parent company of the Hooters ® brand, Hooters of America ("HOA"), and a franchisee of international Hooters ® restaurants, announced today its financial results for the second quarter and first six months ended June 30, 2012. Financial Highlights
- Chanticleer reported record revenue of $1.7 million for the second quarter, an increase of 54% as compared to pro forma revenue of $1.1 million for the same period in 2011.
- Chanticleer reported record revenue of $3.1 million for first six months of 2012, an increase of 23% as compared to pro forma revenue of $2.5 million for the same period in 2011.
- In aggregate, total revenue among Chanticleer's four South Africa Hooters locations grew by 22.7% on a sequential quarter-over-quarter basis.
- Chanticleer completed in June an $11,000,000 secondary public offering with a simultaneous up-listing to the NASDAQ.