Perkins & Marie Callender’s Inc. reported a wider first-quarter net loss tied to falling customer traffic at both of its family-dining chains. For the quarter ended April 18, the company's net loss increased to $14.6 million from a year-ago net loss of $9.8 million. Latest-quarter revenue declined 7.9 percent to $155.8 million, compared with $169.2 million a year earlier. Same-store sales fell 8.7 percent at corporate Marie Callender’s restaurants and dropped 5.7 ...

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 NRN we ask that you register now. We promise it will only take a few minutes!

Already registered? here.