DEERFIELD Ill. Cosi Inc., operator or franchisor of 141 namesake fast-casual locations, posted a larger net loss in its latest fourth quarter, when compared with a year earlier, as increased operating costs and impairment charges offset the company’s 7.9-percent jump in quarterly revenues. For the quarter ended Dec. 31, Cosi’s net loss totaled $6.2 million, or 16 cents per share, versus the year-earlier loss of $4.8 million, or 12 cents per share. The company recorded in its latest ...
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Contact: Desiree Torres Desiree.Torres@penton.com