SCOTTSDALE Ariz. P.F. Chang's China Bistro Inc., operator of 153 namesake restaurants and 117 Pei Wei Asian Diners, reported negative same-store sales at P.F. Chang's for its first quarter of fiscal 2007, and total quarterly revenues of $264.4 million, which were up nearly 16 percent from a year ago, but still below most Wall Street projections. For the 13 weeks ended April 1, same-store sales decreased 2.5 percent at the Bistro chain, despite a 2-percent to 3-percent price increase, ...
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Contact: Desiree Torres Desiree.Torres@penton.com