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Kona Grill to open at West 7th
Fort Worth, Texas -- Cypress Equities, the developers of West 7th in Fort Worth, Texas, announced that Kona Grill will open a new restaurant location within the mixed-use development later this year.
The new 7,500-sq.-ft. restaurant marks Kona Grill’s fifth Texas location and second in the DFW metroplex.
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Dollar General Q4 earnings rise; 635 stores on tap for fiscal 2013
Goodlettsville, Tenn. -- Dollar General reported Monday net income of $317 million for the quarter ended Feb. 1, compared with $293 million in the year-ago period, beating Wall Street expectations. The company also forecasted 2013 sales growth of 10%-12%, slightly below analysts’ views.
Revenue edged up 0.5% to $4.21 billion in the quarter, missing Wall Street’s expected $4.26 billion. Same-store sales rose 3%.
For the full year, profit grew to $953 million from $767 million, and revenue rose 8.2% to $16.02 billion.