McCormick & Schmick’s Seafood Restaurants Inc. downgraded its outlook for the year on Thursday, citing the slow pace of recovery and the closure of two locations. For its second quarter ended June 29, Portland, Ore.-based McCormick & Schmick’s reported a net loss of $3 million, or a loss of 20 cents per share, compared with a profit of $1.3 million, or 9 cents per share, for the same quarter a year ago. The loss included impairment, restructuring and other charges related ...
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Contact: Desiree Torres Desiree.Torres@penton.com