NASHVILLE Tenn. O’Charley’s Inc., operator or franchisor of 364 restaurants under three brands, posted a 34-percent jump in its first-quarter profit as a large income tax benefit and reduced operating costs offset the company’s stalled sales. For the quarter ended April 20, O’Charley’s earned $10.7 million, or 49 cents per share, compared with year-ago earnings of $8.0 million, or 33 cents per share. Aiding the latest-quarter profit growth was a $6.0 million income tax benefit, versus ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Questions about your account or how to access content?