WOODLAND HILLS Calif. Just weeks after its 12 top executives agreed to 10-percent pay cuts, the operator or licensor of 30 Daily Grill and Grill on the Alley restaurants has reported an $11.1 million third quarter loss and a consolidated 8-percent decline in same-store sales, versus a 9.1-percent gain a year earlier. Grill Concepts Inc.’s quarterly loss was nearly double its $589,000 bottom-line deficit a year earlier. However, revenues rose 14.5 percent to $24.4 million. Sales at ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Why Register?
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!