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 ...
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Contact: Desiree Torres Desiree.Torres@penton.com