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 ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!