Perkins & Marie Callender’s Inc. widened its net loss for the second quarter as sales continued to tumble at both of its full-service brands. For the July 11-ended quarter, Perkins & Marie Callender’s posted a net loss of $11.1 million, compared with a loss of $5.8 million in the year-ago period. Revenue declined 6.3 percent to $114.2 million, which reflected same-store sales declines of 5.1 percent at Perkins and 5.6 percent at Marie Callender’s. At ...
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Contact: Desiree Torres Desiree.Torres@penton.com