NASHVILLE Tenn. O’Charley’s Inc., operator or franchisor of 365 restaurants under three brand names, said on Thursday its fourth-quarter and full-year profits were slashed from a year ago by impairment and other charges as well as weak sales. The company was able to eke out a net profit of $727,000, or 3 cents per share, for the quarter ended Dec. 30, on revenues of $215.2 million. In the year-earlier fourth quarter, O’Charley’s posted net income of $5.2 million, or 22 cents per ...
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!