Another 13 weeks of improved traffic and sales helped Cosi Inc. narrow its fourth-quarter loss, the company said Monday. Overall revenues for the Deerfield, Ill.-based chain decreased due to the sale of 13 company-owned restaurants to a franchisee last year, but chief executive James Hyatt said comparable-store sales and restaurant margins continued to improve. For the fourth quarter ended Dec. 27, 2010, the chain of 141 fast-casual restaurants narrowed its net loss to $2.8 million, or 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?