LOS ANGELES California Pizza Kitchen Inc. said Wednesday it expected to record a fourth-quarter net loss, versus a year-earlier profit, on negative same-store sales and impairment charges on 10 of its restaurants. The operator or franchisor of 252 restaurants under the California Pizza Kitchen, CPK/ASAP and the LA Food Show Grill & Bar brands, said same-store sales for the quarter ended Dec. 28 fell 7.2 percent. Total revenues fell 0.7 percent to $161.7 million.Based on those sales, ...
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?