SEATTLE McCormick & Schmickâ€™s Seafood Restaurants Inc. reported late Monday that it expects a 13.4-percent increase in third-quarter revenues despite a same-store sales drop of 5.5 percent. The company, which operates 90 high-end seafood restaurants, said the openings of four locations in the third quarter boosted corporate revenues to $99.9 million. Economic headwinds, however, dampened comparable-store sales at older locations.â€œOur third-quarter comparable sales are indicative of ...
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