California Pizza Kitchen Inc. revised its second quarter earnings outlook again, this time upward, on better-than-expected same-store sales. The company said Tuesday it now expects to earn 15 cents to 17 cents per share for the July 4-ended second quarter, up from a previous range of 10 cents to 15 cents per share. The new outlook is based on a 4.6-percent decline in second-quarter revenue to $163.1 million and a same-store sales drop of 5.9 percent, compared with a 6.5-percent decline in ...
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Contact: Desiree Torres Desiree.Torres@penton.com