CYPRESS Calif. Real Mex Restaurants Inc., operator or franchisor of the El Torito, Chevys Fresh Mex and Acapulco Mexican Restaurant y Cantina brands, swung to a second quarter net loss from a year-ago profit on a $34 million asset impairment charge. The vast majority of the company’s restaurants -- 156 locations within the 189-unit system -- are located in California, a state hard hit by housing troubles that have kept consumers from spending on restaurant meals. The company took the ...
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!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com