PORTLAND Ore. Despite a net loss and a double-digit same-store sales decline in its first quarter, McCormick & Schmickâ€™s Seafood Restaurants Inc. upgraded Wednesday its full-year outlook as the company expects to gain traction with cost-cutting initiatives and tax benefits later this year. For the first quarter ended March 28, the Portland, Ore.-based company reported a net loss of $1.1 million, or 8 cents per share, compared with a profit of $0.1 million, or 1 cent per share, in the ...
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 NRN we ask that you register now. We promise it will only take a few minutes!