Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
LOS ANGELES - California Pizza Kitchen Inc. said Thursday its third-quarter profit more than tripled to almost $5 million on strong revenue growth.
| CPKI | 9.57 |  -0.21 |
The gourmet pizza restaurant said it earned 20 cents per share, up from a profit of $1.4 million, or 5 cents per share, during the same period last year.
Revenue rose 7.3 percent to almost $174 million, from $162 million a year ago.
Analysts surveyed by Thomson Reuters were expecting a profit of 19 cents per share on revenue of $174 million.
Sales at company-owned restaurants opened at least 18 months fell 2.4 percent during the quarter. Such sales are considered a key indicator because they measure growth at existing locations rather than new ones.
The company said average weekly sales at its 194 company-owned restaurants was $66,718, down from $68,972 during the same period last year.
The company said that for the full year, it expects to earn 60 to 63 cents per share. It also said it expects comparable restaurant sales to fall 2 percent.
Analysts were expecting a full-year profit of 68 cents per share.
You've heard the talk of "Green" throughout the whole of 2008, bu...
Lenovo, with its IdeaPad line series is previewing Y-Series IdeaPad Y650 laptops at CES in Las Vegas together with other new Ideapad Y-series.
After break the psychological resistance at 1.5000, yesterday the GBPUSD made a significant bullish momentum
Cisco will unveil new consumer products and initiatives during apress conference at the 2009 ...
Get your next web design project done with our los angeles web design team - Best web design with great price.
Building your business and corporate credit for your small business.
Buy Real Estate, Tax Liens, and more- Fund your business or franchise without debt
Partners   
|
© 2009 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives
EMAIL
PRINT
RSS
SHARE
