Another 13 weeks of improved traffic and sales helped Cosi Inc. narrow its fourth-quarter loss, the company said Monday. Overall revenues for the Deerfield, Ill.-based chain decreased due to the sale of 13 company-owned restaurants to a franchisee last year, but chief executive James Hyatt said comparable-store sales and restaurant margins continued to improve. For the fourth quarter ended Dec. 27, 2010, the chain of 141 fast-casual restaurants narrowed its net loss to $2.8 million, or 5 ...
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Contact: Desiree Torres Desiree.Torres@penton.com