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 ...
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Contact: Desiree Torres Desiree.Torres@penton.com