O’Charley’s Inc. blamed severe weather and falling sales at its three chains as it recorded a net loss for its first quarter. For the quarter ended April 18, O'Charley's had a net loss of $4.3 million, or 21 cents per share, compared with year-ago profit of $6.9 million, or 34 cents per share. The latest quarter included $5.6 million in impairment charges related to four O'Charley's restaurants, which remain open, the company said. First-quarter revenue fell 6.9 percent to $271.5 ...
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?