SCOTTSDALE Ariz. P.F. Chang’s China Bistro Inc., parent to the casual-dining namesake chain and the fast-casual Pei Wei Asian Diner concept, said its fourth-quarter profit fell about 20 percent from a year earlier, on an asset impairment charge from the pending sale of its one Taneko Japanese Tavern restaurant. Net income for the quarter ended Dec. 30 declined to $7.0 million, or 28 cents per share, compared with $8.8 million, or 34 cents per share, in the previous year’s fourth ...
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!